Adani Enterprises, the flagship company of businessman Gautam Adani Group, is now preparing to sell online train tickets. Indeed, Adani Enterprises has informed the Indian stock market that it has signed a share purchase agreement to acquire 100 per cent stake in ticket booking platform Trainman from Stark Enterprises Pvt Ltd.

This move by Adani Group will challenge the monopoly of Indian Railway Catering and Tourism Corporation (ITCTC) in the online train ticket booking business. Explain that Trainman is an online train ticket booking platform. At the same time, Adani Enterprises will acquire this company through Adani Digital Labs Private Limited.

Adani’s company engaged in raising funds: Adani Enterprises has been trying to raise funds for some time now. Under this, the company launched the FPO in the last week of January. However, the company called off the FPO due to the volatility caused by the Hindenburg report. A board meeting was also held last May to raise funds. In this meeting, the board of Adani Enterprises approved raising funds of Rs 12500 crore through QIP.

Condition of shares: Let us tell you that due to the Hindenburg report, the shares of Adani Enterprises suffered huge losses. Last Friday, the stock closed at Rs 2506.65 with a slight gain. Talking about IRCTC, it stood at Rs 664.90 on BSE. The stock was up 3.43% compared to a day earlier.

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Now you can also book general train tickets online without standing in line at the station. Most of the passengers are unaware that you can also book unreserved train tickets online (Unreserved Train Ticket Booking). Passengers can now book unreserved tickets through the UTS ON MOBILE App.

Know what is the process of booking general tickets:

Step-by-Step Process to Register on the UTS App

• Find and download the UTS Mobile app on Google Play or Apple iOS.
• Sign up for the app with your phone number, name, gender and date of birth.
• A password generator will be available. Create a personal password for your UTS app.
• Agree to the Terms and Conditions of the UTS Mobile App.
• Click on Register button.
• Enter your User ID and Password to book tickets.

How to book general train ticket from UTS App

• Choose between paperless and paper tickets.
• Select Depart from and Going to stations.
• Select ‘Next’ and then select ‘Get Fare’.
• Press ‘Book Ticket’ and then pay your fare using various modes of payment including R-Wallet/UPI/Net banking/Cards.
• Tickets can be viewed in the UTS app by clicking on the ‘show ticket’ option.

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