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ITDC News

Cabinet meeting

04 Dec 2019

Cabinet approves land monetisation for a five-star hotel at Pragati Maidan

The land will be transferred in favour of special purpose vehicle (SPV) that will be formed by India Tourism Development Corporation (ITDC) and Indian Railway Catering and Tourism Corporation (IRCTC).

03 May 2017

ITDC to exit 3 hotels, hand over properties to states

The Cabinet on Wednesday gave approval to disinvestment of three ITDC hotels at Bhopal, Bharatpur and Guwahati.

03 May 2017

Cabinet approves initiation of the process of disinvestment of ITDC properties

The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the initiation of the process of disinvestment of hotels/properties of the India Tourism Development Corporation Ltd. (ITDC).

23 Sep 2016

Government planning for disinvestment of ITDC hotels, says Mahesh Sharma

Dr. Mahesh Sharma, Minister of State for Tourism and Culture, said that the government would shortly come out with a plan for disinvestment of hotels functioning under the Indian Tourism Development Corporation (ITDC).

12 Jun 2015

ITDC appoints Umang Narula as CMD

Narula has succeeded Girish Shankar, Additional Secretary, Ministry of Tourism, who also held additional charge as ITDC's Managing Director, according to release issued here.

01 Jun 2015

Govt mulling to sell 8 ITDC hotels to strategic investors

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.

24 May 2015

Govt to privatise 8 sick ITDC hotels, will retain Ashok

Government will soon privatise eight loss-making hotels run by India Tourism Development Corporation (ITDC) as it plans to "offload" all the sick units, Tourism Minister Mahesh Sharma said.

05 Dec 2014

Sebi finds 22 PSUs violating norms; SBI files for settlement

Others include SAIL, ITDC, HMT, Shipping Corporation, NTPC, NHPC, STC, Nalco, EIL, REC and Neyveli Lignite.

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