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Centre to exit 3 ITDC hotels, handover stakes to state govts

2017-09-20 livemint
New Delhi: As part of the disinvestment exercise, the Centre on Wednesday decided to exit three India Tourism Development Corp (ITDC) hotels and handover them to the state governments.

Major bureaucratic reshuffle: 35 secretaries, additional secretaries in govt depts

New Delhi: Thirty-five IAS officers have been appointed as secretaries and additional secretaries in various central government departments as part of a major bureaucratic reshuffle.

India Tourism Development Corporation sees room for growth outside hotels

2017-06-08 business-standard
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Centre to pull out from three Ashoka Hotels

NEW DELHI : The Union Cabinet on Wednesday decided to pull out India Tourism Development Corporation (ITDC) from three Ashoka Hotels it were running in Bhopal, Bharatpur and Guwahati as part of the disinvestment policy.

Cabinet approves govt’s exit from three ITDC hotels

2017-05-03 thehindubusinessline
The Union Cabinet on Wednesday approved a proposal for the Centre to exit three Ashoka hotels of the India Tourism Development Corporation (ITDC) Ltd in Bharatpur, Bhopal and Guwahati.

ITDC to exit Ashok hotels in Bhopal, amnd Bharatpur

2017-05-03 livemint
The decision by ITDC to exit Hotel Lake View Ashok, Hotel Brahmaputra Ashok and Hotel Bharatpur Ashok was taken at the meeting of CCEA

Market Live: Sensex breaks 30000 in opening, Nifty falls further on weak Asian cues

2017-04-28 moneycontrol
10:25 am FII view: Michael Hartnett of Bank of America Merrill Lynch says 2017 total returns for both stocks and bonds have been impressive in the face of Donald Trump disappointment, European Union politics, peak PMI narrative.

ITDC up 10%, sign MoUs to transfer stake in JV to State govts

2017-04-28 moneycontrol
Shares of India Tourism Development Corporation (ITDC) rose 10 percent intraday Friday as the company has entered into MoU with state governments to transfer its stake in the joint ventire subsidiary companies.

ITDC seeks shareholders’ nod for divesting stake in hotels

2017-04-14 livemint
ITDC is looking to divest or offload its stake in all hotels run by it except Ashok and Samrat hotels in Delhi

India Tourism Development Corporation announces cessation of nominee director

2017-03-03 indiainfoline
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ITDC shares to be listed on NSE from Friday

2016-12-29 thehindubusinessline
India Tourism Development Corporation shares will be listed on the National Stock Exchange (NSE) from tomorrow.

Top buzzing midcap stocks to trade on September 26

2016-09-26 moneycontrol
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Reliance, India Tourism Development Corporation, GNA Axles, Oil and Natural Gas Corporation, Marksans Pharma, IFCI, Raymond, Shriram EPC, Vardhman Textiles, Kerala Ayurveda and Adlabs Entertainment.

Centre may wait for ITDC’s financial revival before stake sale

2016-07-14 thehindubusinessline
The government may not choose to go ahead with the planned disinvestment in India Tourism Development Corporation (ITDC) immediately as it wants to wait for an improvement in the public sector unit’s finances.

India Tourism Development Corporation announces change in directorate

2016-07-12 indiainfoline
The company’s standalone revenue stood at Rs. 544.72 crore, up 10.87% yoy but down 11.8% ...

Centre to dilute 12.03% stake in ITDC

2016-07-01 thehindubusinessline
The Centre plans to sell 12.03 per cent of its stake in India Tourism Development Corporation (ITDC) that could help raise close to ₹260 crore.

ITDC shares slump over 5% as govt begins stake sale process

2016-07-01 financialexpress
India Tourism Development Corporation (ITDC) slumped over 5 per cent on Friday after government began the process of 12.03 per cent divestment in the company, which could fetch around Rs 260 crore to the exchequer.

Govt kick-starts process to sell 12.03% in ITDC

2016-07-01 thehindubusinessline
The 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.

ITDC shares fall 5% as govt mulls divestment of stake via OFS

2016-07-01 moneycontrol
The Government of India has considered divesting 12.03 percent stake in the company through OFS route, reports CNBC-TV18.

India Tourism Development Corporation standalone net profit declines 18.08% in the March 2016 quarter

2016-06-03 indiainfoline
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ITDC posts profit for 4th consecutive year

2016-05-31 financialexpress
Recently awarded with “Fastest Growing Mini Ratna PSU” award for 2015; India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism; posted a strong performance for the financial year 2015-16. The corporation recorded a turnover of Rs 465.69 crore whereas, profit before tax (PBT) stood at Rs 32.42 crore and profit after tax (PAT) was recorded at Rs 22.

ITDC Q4 net down 18%

2016-05-31 thehindubusinessline
India Tourism Development Corporation, the public sector undertaking under the Ministry of Tourism, has reported an 18 per cent drop in standalone net profit at ₹18.07 crore for the fourth quarter of financial year 2015-16 against ₹22.06 crore for the corresponding quarter previous fiscal.

Modi passionate about developing country: Mahesh Sharma

2016-04-22 moneycontrol
Under the Mana Navratana (non-manufacturing) category, ONGC bagged Maharatna of the year award, while Coal India got the for being the most efficient Maharatna of the year.