Adani Enterprises made the announcement one month ago that it has inked a contract to acquire one hundred percent of SEPL.

Adani Enterprises announced on Saturday, in a filing with the stock exchange, that one of the company’s wholly-owned subsidiaries, Adani Digital Labs Pvt Ltd, has purchased a 29.81% share in SEPL for the price of Rs 3.56 crore.

In the fiscal year 2022-23, which ran from April 2022 to March 2023, SEPL had a revenue of 4.51 crore rupees.

On Saturday, Adani Enterprises identified SEPL as a company that is involved in “e-commerce and website development.” The previous month, the company had classified SEPL as “an online train booking and information platform.” The statement that was made a month ago sparked a minor controversy when Congress general secretary Jairam Ramesh tried to imply that Adani’s acquisition of Trainman could eventually lead to the company’s acquisition of IRCTC, which is the ticketing and other services part of the Indian Railways.

IRCTC had published a statement to dispute the accusation, which can be found here. IRCTC had mentioned in its previous explanation of the e-ticketing business area that around 14.5 lakh reserved tickets are booked on a daily basis in Indian Railways. Nearly 81% of these tickets are electronic and were booked directly through the IRCTC website. As a result, IRCTC and its agents, such as Trainman, do not face any competitive pressures.

It had been stated that Trainman, which is a B2C partner of IRCTC, is responsible for 0.13 percent of the total reserved ticketing. Additionally, it had been stated that because these companies are integrated with IRCTC, they assist customers in having a more streamlined experience when purchasing tickets.

Trainman is an Indian travel booking application that was established in 2011 by Vineet Chirania and Karan Kumar. The app enables passengers to check the PNR (Passenger Name Record) status, predicts the possibility of getting a confirmed seat in the event of a wait-list, and provides real-time updates on seat availability, running status, time table, coach position, fare calculator, and other relevant information.

The Adani group has made another investment in the travel booking and information industry with their purchase of Trainman. In October of 2021, Adani Enterprises made a purchase of a minority investment in Cleartrip Pvt Ltd, which is an online travel aggregator owned by Flipkart.

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On Tuesday, a senior Railways official announced plans to use a digital lock system that uses one-time passwords (OTPs) to prevent theft on board freight and package trains.
Frequently employed by trucking companies to prevent theft, this technology equips each truck with a GPS-enabled smart lock that permits real-time tracking of the vehicle.

Authorities have stated that the whole system, including the ability to open and lock carriages, would be based on secure OTP.

“When the shipment is in transit, you will not have access to the products. Without any third-party intervention, it will be opened with an OTP and closed with another. All that remains is to seal the trains and check that the seal is still intact at each stop. Far less trouble will arise when the train is in motion if this is done “said a government representative.

When asked who would receive the OTP at each station where loading or unloading would take place, he indicated it would be a member of the railway staff who would be responsible for maintaining the system’s efficiency.

The official explained the procedure by saying that after the lock is closed, a one-time password (OTP) is issued to the mobile device of the appropriate employees. When arriving at their destination, drivers must verify their position by pushing a button on the lock.

After verifying the staff member’s OTP, a second OTP is issued to the driver’s phone.

Also, the train’s location and movement will be recorded as they are monitored. The official’s mobile phone will receive an alert if there is an attempted door tampering or collision.

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While the official was unable to offer information on the total value of commodities taken from trains during services, the Railway Protection Force (RPF) recovered stolen railway property worth 7.37 crore in 2022 and arrested 11,268 criminals as part of Operation Rail Suraksha.

At least three railway zones, according to the officials, are now seeking to find firms that might supply this service to the Railways at a reasonable price.

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