ITDC pays Rs 18.88 crore dividend to the government

ITDC pays Rs 18.88 crore dividend to the government

Chairman & Managing Director of India Tourism Development Corporation (ITDC) Umang Narula, on behalf of ITDC and Kumarakruppa frontier Hotels Pvt. Ltd., handed over two cheques amounting to Rs 18.88 crore to Union Tourism Minister, Mahesh Sharma, towards dividend payment to the Government of India for the year 2014-15. Present on the occasion were Secretary – Ministry of Tourism –Vinod Zutshi, Joint Secretary, Suman Billa, Ministry of Tourism, V.P. (Finance), P K Aggarwal, ITDC alongwith other Sr. officials of MOT & ITDC. The ceremony took place at Minister’s office at Transport Bhawan, New Delhi. The decision for the payment of Dividend was taken during ITDC 50th Annual General Meeting held at the Group’s flagship hotel, The Ashok, New Delhi.

You might also like

Aviation

Virgin Atlantic celebrates 25 years of flying in India

Virgin Atlantic celebrates 25 years of flying to India and its ongoing commitment to growth in the region. Since first launching flights between London Heathrow and Delhi in July 2000,

Latest

Cypriot & Greek investment schemes the most popular among Indian investors

Become official residents of the European Union in 60 days only Acquire residence in Cyprus and Greece with Leptos Estates; offers the most cost-effective residency-by-investment schemes Cyprus’ largest developer, Leptos

Cruise

Norwegian Bliss becomes largest Passenger Ship to Traverse Panama Canal

Norwegian Bliss completed yet another milestone, as she makes her way to her home port of Seattle, becoming the largest passenger ship to transit the Panama Canal since the completion