Company Overview and News
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.
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.
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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.
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.
The decision by ITDC to exit Hotel Lake View Ashok, Hotel Brahmaputra Ashok and Hotel Bharatpur Ashok was taken at the meeting of CCEA
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.
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 is looking to divest or offload its stake in all hotels run by it except Ashok and Samrat hotels in Delhi
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India Tourism Development Corporation shares will be listed on the National Stock Exchange (NSE) from tomorrow.
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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.
The company’s standalone revenue stood at Rs. 544.72 crore, up 10.87% yoy but down 11.8% ...
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.
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.
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.
The Government of India has considered divesting 12.03 percent stake in the company through OFS route, reports CNBC-TV18.
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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.
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.
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.
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