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IRCTC Share Prices Recover After 30% Fall As Railway Ministry Withdraws Decision To Share ‘Convenience Fee’

Divya SinghOctober 30, 20210

Indian Railways Catering and Tourism Corporation (IRCTC) faced 30% fall in the share prices. After the reports stating that the company must share revenues earned from convenience fees with the Railway Ministry in 50:50 ratio, this fall in share prices sufficed. Railway Ministry withdraws decision to share convenience fee The company’s shares were down as much as 30% to an intraday low of Rs 639.45.  The loss was recovered after the Railway Ministry decided to withdraw its decision to share convenience fee charged by the company to passengers for ticket booking.  This resulted in recovery of the loss as IRCTC share prices were down 4.87% at Rs 867 apiece, afterwards. DIPAM Secretary also confirmed this in a tweet that reads as, "Ministry of Railways has decided to ...

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What Does ‘FabIndia Controversy’ Try To Unveil?

SinshaOctober 26, 20210

India, as a democratic and heterogeneous state, holds a lot to explore, perceive, and welcome. But people with small minds are unable to afford all these elements to satisfy their beliefs. Recently, a clothing brand, Fabindia has been receiving a lot of backlashes when it released an advertisement that includes a range  of fashion collections for Diwali captioned as Jashn-e-Riwaaz  which is known as ‘Celebration of traditions.’  This triggered a controversy with many as they comprehended it as “de Hinduising Deepawali”. Hereafter, social media was bombarded with tweets against Fabindia, and #boycottfabindia was trending. The Bharatiya Janata Party Yuva Morcha president Tejasvi Surya tweeted that, “Deepavali is not a Jashn-e-Riwaaz. This deliberate attempt of ab...

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Small Crash For Facebook: Big Fall For The World!

Aayushi KumariOctober 21, 20210

Hangover weekend and Monday blues, the evil twins, are made better by connecting with loved ones at the end of the day. If not that, then scrolling through social media provides a brief reprieve. However, this stress outlet was nowhere to be found on October 5, 2021. On Monday the world had to suffer through the temporary shutdown of the social media giant, Facebook, and its subsidiaries, WhatsApp, Messenger, Oculus, and Instagram. Unable to access the websites and apps, people first blamed their internet and WIFI connection. It was later realized that the applications mentioned were facing a global outage. It turned out that a configuration change in the routers caused the services to crash. Competitor’s Heyday Users worldwide and many Facebook employees were inconvenienced. But...

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