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Covid impact: IRCTC running at a loss for first time in its history

Sep 28, 2020 14:22 IST

Indian Railway Catering and Tourism Corporation or IRCTC is running at a loss for the first time since its inception in 2002, Hindustan Times reported on Monday. Its operations have been hit by the Covid-19 pandemic and subsequent lockdown. IRCTC handles the catering, tourism and online ticketing operations of Indian Railways. Shares of IRCTC are 30% down from its pre-lockdown highs.

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