Adani Enterprises to Challenge IRCTC's Monopoly in Online Ticket

Adani Enterprises plans to challenge the monopoly of IRCTC in online train ticket booking in India.

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Adani Enterprises has signed a share purchase agreement with Stark Enterprises to acquire RailYatri, a leading online train ticket booking platform.

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RailYatri has a large user base of over 10 million registered users and books more than 1 million tickets monthly.

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The acquisition will give Adani Enterprises a strong position in the online ticket booking market and provide competition to IRCTC.

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IRCTC has faced criticism for high service charges, poor customer service, and allegations of monopoly and unfair practices.

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Adani's entry is expected to bring more competition, lower prices, and increased choices for consumers.

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The response of IRCTC to the challenge remains to be seen, including potential changes in service charges and customer service improvements.

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The competition between Adani Enterprises and IRCTC is expected to benefit consumers with lower prices, better service, and more options for booking train tickets.

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