{"id":446367,"date":"2021-10-30T11:51:02","date_gmt":"2021-10-30T06:21:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=446367"},"modified":"2021-10-30T11:51:02","modified_gmt":"2021-10-30T06:21:02","slug":"a-rout-a-reversal-and-then-a-recovery-the-irctc-flip-flop-decoded","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/a-rout-a-reversal-and-then-a-recovery-the-irctc-flip-flop-decoded\/","title":{"rendered":"A rout, a reversal and then a recovery: the IRCTC flip-flop decoded"},"content":{"rendered":"<p>A rout, a reversal and then a recovery. Indian Railway Catering and Tourism Corporation shares took a hit of as much as 30% but pared almost all of its losses after the Ministry of Railways decided to take back its decision to share 50% of revenue from convenience fee charged by the PSU. That the Railways and IRCTC NSE -7.42 % have a history on convenience charge sharing is well known. But the entire fiasco begs the question, why was it done in the first place?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A rout, a reversal and then a recovery. Indian Railway Catering and Tourism Corporation shares took a hit of as much as 30% but pared almost all of its losses after the Ministry of Railways decided to take back its decision to share 50% of revenue from convenience fee charged by the PSU. That the Railways and IRCTC NSE -7.42 % have a history on convenience charge sharing is well known. But the entire fiasco begs the question, why was it done in the first place?<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,258,136],"tags":[],"class_list":["post-446367","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=446367"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446367\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=446367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=446367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=446367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}