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ITDC HOTEL
ITDC shares rally 40% in two days, skyrocket 67% in seven sessions. What’s behind the surge?ITDC shares surged over 16%, extending a sharp multi-day rally of more than 67%, driven by reports of asset monetisation, including the div...- 'The Ashok' to be leased out to private companies, 7 other ITDC hotels to be monetised in 4 yearsIndia Tourism Development Corporation (ITDC), a PSU under the Tourism Ministry, runs hotels, restaurants at various places for tourists, be...
- ITDC hands over Hotel Janpath to MoHUAHanding over of the land measuring 4.41 acre of Hotel Janpath, New Delhi to MoHUA took place through exchange of documents on October 31, I...
- Centre to exit 3 ITDC hotels, handover stakes to state governmentsThe Centre today decided to exit three ITDC hotels including Jaipur Ashok and handover them to the state governments concerned.
- ITDC shares rally 20% as FM announces sale of 3 more hotelsFinance Minister Arun Jaitley made the announcement after the Cabinet meeting.
- Hotel Janpath to close down; to be used for government officesThe decision to close down Hotel Janpath was taken by the government within a month of deciding to exit three ITDC hotels at Bhopal, Guwaha...
- ITDC to exit three hotels, hand over properties to statesITDC would offload its 50 per cent equity in Ashok Bhopal and Brahmaputra Ashok Guwahati in favour of the state governments of Madhya Prade...
- Govt mulling to lease, transfer management control in ITDC hotelsAccording to sources, the government is chalking out a plan under which ITDC hotels that are owned and run by the central government would ...
- Government initiates transfer of ITDC hotels to state governmentsHotel Lalitha Mahal Palace (Mysore) will be transferred to Karnataka government, Hotel Jaipur Ashok to Rajasthan, Hotel Lake View Ashok (Bh...
- ITDC indentifies five hotels for disinvestmentThe Centre has identified five ITDC-run hotels, including Hotel Janpath in the national capital for privatisation as part of its plan to di...
- Janpath Hotel likely to be put on saleJanpath Hotel, a facility run by public sector undertaking India Tourism Development Corporation (ITDC), is likely to be put on sale throug...
- Tourism Ministry to offload 12.6% in ITDC HotelsThe tourism ministry is learnt to have decided on these three hotels and the 12.6 per cent disinvestment formula at a meeting held last wee...
- Govt mulling to sell 8 ITDC hotels to strategic investorsThe government is mulling to sell eight loss-making ITDC hotels to investors and will soon work out the modalities of valuation and mode of...
- Government to privatise 8 sick ITDC hotels, will retain AshokThe Ashok alone incurred a loss of about Rs 13 crore in 2014-15, while other ITDC hotels together ran up losses of about Rs 15 crore.
- Mahesh Sharma Sharma advocates new approach for reviving ailing ITDC hotelsMahesh Sharma today asked ITDC to put forward "entrepreneur's approach and vigorous marketing" to revive its ailing hotels.
- ITDC ties up with Assam university to offer hospitality courseITDC will provide its expertise in developing the curriculum for the course, enabling students to understand new trends in hospitality sect...
- Many ITDC hotels running in lossesMany Indian Tourism Development Corporation (ITDC) hotels are running in losses, the Lok Sabha was informed today.
- ITDC may rope in private hotels, realtors as partnersHotel-cum-tourism PSU, Indian Tourism Development Corporation (ITDC) plans to make private hotel companies and real estate players its fran...
- Govt plans Rs 237-cr capex for ITDC hotelsAiling public sector unit India Tourism Development Corporation (ITDC) may get fresh lease of life as government plans to infuse equity cap...
- ITDC registers 1346% jump in profitsThe Puri hotel of ITDC, which is not operational now, would be revived through public-private partnership.
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