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
FICCI GITB-2018 concludes with an overwhelming response from Foreign Tour Operators
10th edition of The Great Indian Travel Bazaar (GITB) ended with an overwhelming response from the Foreign Tour Operators. The ‘buyers’ and ‘sellers’ from International and Indian market expressed great
flydubai uses new structures to finance its fleet of MAX aircraft
Dubai-based flydubai announced that it has closed two new financing structures: a Japanese Operating Lease with a Call Option (JOLCO) and an Aircraft Finance Insurance Consortium (AFIC) insured debt financing
Making India a Preferred MICE Destination
India is relatively a new entrant in the Global Convention business. Most of the Convention business in India is generated from the domestic market and as per the International Congress
