Indian Railway Catering and Tourism Company (IRCTC) is more likely to focus on with KPMG, an advisory providers agency, to take ahead its digital asset monetisation plan on Monday, a Zee Enterprise report mentioned quoting sources. IRCTC pegs a possible income of Rs 1,000 crore by monetising digital property.
Based on Zee Enterprise sources, “The tender and guide appointment course of will proceed, because the Ministry of Railways has already mentioned the proposal of digital asset monetisation with Ministry of Regulation and Justice and Ministry of Electronics and Data and Expertise.”
The nationwide transporter, sources mentioned, won’t take any determination in haste and likewise will not delay the method until the brand new IT (Data and Expertise) legislation is handed for implementation, including that the corporate will proceed to have discussions with the guide on digital asset monetisation plan and on the proposed ventures.
IRCTC in a notification on August 18 had floated an e-tender for the appointment of a guide for digital information monetisation. “IRCTC is a reservoir of an enormous quantity of digital information which opens a number of alternatives for monetization,” the notification issued by the corporate learn.
IRCTC in its goal part of notification had mentioned that it has plans to leverage the information property to extend income in addition to enhance buyer expertise.
The final date for tender submission is August 29. Bidders must deposit an Earnest Cash Deposit (EMD) of Rs 2 lakhs.
The corporate had mentioned it needs to interact a consulting agency to review, analyse and evaluate all information associated to public-facing and vendor functions, web sites of all Indian Railways, PSUs & different models to offer a highway map, efficient monetisation enterprise methods for monetisation of digital information.
Shares of IRCTC slumped over 4 per cent within the early morning commerce on Monday to Rs 704 and Rs 703.2 per share on the BSE and NSE, respectively, as in comparison with 0.86 and 0.88 per cent fall within the BSE Sensex and Nifty50.
