Itdc

Exclusive: Govt likely to seek extension of exemption from minimum public shareholding for 10 PSUs

Currently, some 16 listed PSUs, excluding banks, are not meeting the MPS requirement of 25 percent. A blanket exemption was given to some PSUs from MPS till August 2024.

ITDC registers highest-ever turnover of Rs 458.08 cr in FY23: Statement

This represents an increase of over 58 per cent compared to the previous fiscal, a statement from the Mini Ratna public sector undertaking under the Ministry of Tourism said.

ITDC hits upper circuit after govt fixes Rs 7,409 crore indicative value for 'The Ashok' hotel

During late trading hours, shares of ITDC were trading 20 percent high at Rs 404.60 apiece on BSE and Rs 404.55 apiece on NSE.

Hotel Ashok monetisation: Indian Hotels, DLF among 22 entities to show interest in bidding

The Ashok and the neighbouring Hotel Samrat are two of the eight ITDC properties included in the National Monetisation Pipeline

Hiring celebrity chef, improving kitchens to match five-star standards: ITDC's plan for Parliament canteen

The ITDC will start operations with around 125-150 people from November 15, but due to the COVID-19 pandemic, it will limit itself to serve tea, coffee, and packaged snacks for now.

ITDC jumps 9% on merger with Kumarakruppa Frontier

The Government of India holds 90.09 percent shareholding in Kumarakruppa and 87.03 percent stake in ITDC.

Ashok and Samrat hotels would not to be disinvested, says minister Mahesh Sharma

The Union cabinet, in September, approved the transfer of Hotel Jaipur Ashok and Lalitha Mahal Palace Hotel, Mysore, to the governments of Rajasthan and Karnataka respectively

ITDC Q1 net profit jumps two-fold at Rs 18.75 cr

The company had posted a net profit of Rs 9.41 crore during the same period of previous fiscal, ITDC said in a BSE filing.

Govt may exit ITDC, sources say; stock zooms 15%

Sources privy of this development tell CNBC-AWAAZ that the government might announce its exit from ITDC in the next 4-5 weeks and has listed 3 ways in which it may do so.

ITDC makes NSE debut at Rs 229

Shares of India Tourism Development Corporation today got listed at Rs 229 and settled at Rs 211 on its debut trading day on NSE.

ITDC Q2 net loss at Rs 3.40 cr

India Tourism Development Corporation (ITDC) today reported standalone net loss of Rs 3.40 crore for the second quarter ended September 30, 2016-17.

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

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

Govt to sell off 14 ITDC hotels

The Minister said the Finance Ministry is taking forward the disinvestment plan to totally offload government's stakes in all the ITDC-run hotels except the Ashoka and Samrat hotels in the national capital.

Will divest 8 lossmaking ITDC hotels: Tourism Minister

Shares in India Tourism Development Corporation (ITDC) zoomed 20% following its robust earnings last week and as tourism minister Mahesh Sharma confirmed to CNBC-TV18 the government is looking to divest some of its hotels.

ITDC's hotel assets on govt's divestment agenda

With the FM hinting at possible sale of hotel assets, CNBC-TV18‘s Sajeet Manghat takes a look at what ITDC - the company controlling those assets, has to offer.