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INDIA

IRCTC Stops Selling Passenger Data Due to Privacy Concerns

IRCTC_EQ
The total payout for FY23 is Rs 5.5 per equity share with a face value of Rs 2.

A previous tender for hiring a consultant to monetise passenger data was rolled back by the Indian Railways Catering and Tourism Corporation (IRCTC). On August 26, 2022, a top IRCTC officer gave this information to the parliamentary panel headed by Congressman Shashi Tharoor. The train ticketing app published the tender earlier this month, and it sparked controversy due to worries about data privacy and monetisation of customer and passenger data. IRCTC additionally affirmed that it had abandoned the tender.
IRCTC decided to withdraw the tender at the IRCTC annual general meeting on Friday, which was scheduled ahead of the summon in front of the committee.
The parliamentary committee led by a Congress MP also summoned Twitter during this time. The legislative commission, which a Congress MP led, reportedly questioned the microblogging service about its administration and membership.

A parliamentary panel led by Congress MP Shashi Tharoor on Friday questioned social media giant Twitter on a number of topics, including the protection of user data and the potential for breaches, in light of the irregularities claims made by a former employee named Peiter Zatko.

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