New portal to compete with IRCTC
Come October and Indian Railways Catering and Tourism Corporation (IRCTC) will receive another setback, when the alternative portal being developed by the Centre for Railway Information Systems (CRIS) according to the ministry's directions goes on air.
The new portal will compete with IRCTC for offering sale of online tickets. The launch would endanger around 14 per cent of the revenues IRCTC makes from the service charge levied on the sale of online tickets.
IRCTC is already set to lose 80 per cent of its overall revenues, as the management of catering services on trains and at stations is being taken back by the railways.
Read more here http://business.rediff.com/slide-show/2010/aug/02/slide-show-1-new-portal-for-tickets-to-hit-irctc.htm
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