Itdc

The Northern Railways will hand over the reins of the Parliament canteen to India Tourism Development Corporation (ITDC) on November 15, bringing an end to its 52-year-old legacy of serving food to parliamentarians.

In an effort to showcase the unique and vibrant culture of India, ITDC organised a three-day Arunachal food festival in collaboration with the Government of Arunachal Pradesh.

Union Tourism Minister Alphons Kannanthanam today said 14 out of 16 loss-making hotels owned by state-run ITDC will be sold off to private parties as running money-making hotel business is not a government job.

Vijay Chopra, MD & CEO of Enoch Ventures recommends buying BHEL, ITDC, JSPL and Dredging Corporation of India.

The Narendra Modi-led Cabinet Committee on Economic Affairs today gave in-principle approval for the closure of ITDC's Janpath Hotel in New Delhi. The property "can be considered" for setting up government offices as part of the government's disinvestment policy.

On September 2, the company's board had decided to send an application to NSE regarding listing of its shares with the bourse, the firm added.

Government has kick-started the process of 12.03 per cent stake sale in India Tourism Development Corporation (ITDC), which could fetch around Rs 260 crore to the exchequer.

Fourteen out of sixteen perennially loss-making hotels owned by state-run India Tourism Development Corporation (ITDC) will be sold off and the process to privatize them has already started, Tourism and Culture Minister Mahesh Sharma said on Sunday.

Fourteen out of 16 perennially loss making hotels owned by state-run ITDC will be sold off and the process to privatise them has already started, Tourism and Culture Minister Mahesh Sharma said today.

After draping Air India crew members operating Air India One - the official aircraft for flying the President, Vice President and Prime Minister - in 'khadi' uniform, it is now the turn of Tourism Ministry to use some of the indigenous fabric in its various India Tourism Development Corporation (ITDC) hotels.

The Centre has identified five ITDC-run hotels, including Hotel Janpath in the national capital, for privatisation as part of its plan to disinvest eight such loss-making properties.

India Tourism Development Corporation has posted a stable performance for the first quarter of the current financial year with a total turnover standing at Rs 105.96 crore - an increase of 2.24 per cent over the corresponding period last year.

SBI Capital Markets, ICICI Securities and Yes Bank were the only three that expressed interest in managing sale of the group of five companies in the 'Basket One', which also included Oil India (OIL), MMTC, Container Corporation of India (Concor) and India Tourism Development Corp (ITDC).

Officials from Tourism Ministry and the department of disinvestment in the Finance Ministry are expected to meet soon to decide the way forward, official sources said.

India Tourism Development Corporation (ITDC) posted a nearly five-fold increase in standalone net profit at Rs 22.06 crore for the quarter ended March, 2015.

The Northern Railways will hand over the reins of the Parliament canteen to India Tourism Development Corporation (ITDC) on November 15, bringing an end to its 52-year-old legacy of serving food to parliamentarians.

In an effort to showcase the unique and vibrant culture of India, ITDC organised a three-day Arunachal food festival in collaboration with the Government of Arunachal Pradesh.

Union Tourism Minister Alphons Kannanthanam today said 14 out of 16 loss-making hotels owned by state-run ITDC will be sold off to private parties as running money-making hotel business is not a government job.

Vijay Chopra, MD & CEO of Enoch Ventures recommends buying BHEL, ITDC, JSPL and Dredging Corporation of India.

The Narendra Modi-led Cabinet Committee on Economic Affairs today gave in-principle approval for the closure of ITDC's Janpath Hotel in New Delhi. The property "can be considered" for setting up government offices as part of the government's disinvestment policy.

On September 2, the company's board had decided to send an application to NSE regarding listing of its shares with the bourse, the firm added.

Government has kick-started the process of 12.03 per cent stake sale in India Tourism Development Corporation (ITDC), which could fetch around Rs 260 crore to the exchequer.

Fourteen out of sixteen perennially loss-making hotels owned by state-run India Tourism Development Corporation (ITDC) will be sold off and the process to privatize them has already started, Tourism and Culture Minister Mahesh Sharma said on Sunday.

Fourteen out of 16 perennially loss making hotels owned by state-run ITDC will be sold off and the process to privatise them has already started, Tourism and Culture Minister Mahesh Sharma said today.

After draping Air India crew members operating Air India One - the official aircraft for flying the President, Vice President and Prime Minister - in 'khadi' uniform, it is now the turn of Tourism Ministry to use some of the indigenous fabric in its various India Tourism Development Corporation (ITDC) hotels.

The Centre has identified five ITDC-run hotels, including Hotel Janpath in the national capital, for privatisation as part of its plan to disinvest eight such loss-making properties.

India Tourism Development Corporation has posted a stable performance for the first quarter of the current financial year with a total turnover standing at Rs 105.96 crore - an increase of 2.24 per cent over the corresponding period last year.

SBI Capital Markets, ICICI Securities and Yes Bank were the only three that expressed interest in managing sale of the group of five companies in the 'Basket One', which also included Oil India (OIL), MMTC, Container Corporation of India (Concor) and India Tourism Development Corp (ITDC).

Officials from Tourism Ministry and the department of disinvestment in the Finance Ministry are expected to meet soon to decide the way forward, official sources said.

India Tourism Development Corporation (ITDC) posted a nearly five-fold increase in standalone net profit at Rs 22.06 crore for the quarter ended March, 2015.