News Archive - Page 14 of 14 - India Tourism Development Corporation - The Ashok Group of Hotels

ITDC pledges towards ‘Eradicating Corruption – Build New India’

India Tourism Development Corporation Ltd. (ITDC) hospitality major under the aegis of the Ministry of Tourism, Govt of India will observe Vigilance Awareness Week during 29/10/18 to 03/11/18 with a pledge to implement various initiatives under “Eradicate Corruption-Build New India” theme across the organisation.

To mark the day, the oath taking ceremony today was presided over by Mr. Piyush Tiwari, Director Commercial & Marketing, ITDC in the presence of Mr. Pradip Das, Director Finance, ITDC and Mr. Vinayak Garg, Chief Vigilance Officer (CVO) with assembly of executives and staff from all divisions at Corporate Office, Scope Complex. Employees from remote places took the e-pledge by signing from the company’s website.

ITDC will undertake major activities/competitions like organising debates and quizzes on issues of anti-corruption at all office/units. ITDC is also organising vendor meet and session with GeM officials to improve procurement process during this period. The organisation will promote the concept of Citizen Integrity Pledge among persons the department deals with on a day to day basis. Display of hoardings, banners, and posters at prominent places with public interface will be undertaken. Organisation will also use digital media aggressively to promote the initiative.

ITDC as a responsible PSU has always stood to the cause of building “Corruption free India”.

About India Tourism Development Corporation:

ITDC was incorporated in 1966 with a mandate to develop and expand tourism infrastructure in the country. The Corporation has been moving ahead with consistent efforts on development, growth and world-class services and amenities to its guests. Apart from running Hotels, the ITDC has diversified into non-hotel sectors like Ticketing, Tours and Travels, Event Management, Duty-Free Shopping, Publicity & Printing Consultancy, Engineering Consultancy, mounting Sound & Light Shows, Hospitality education and skill development– all under one roof.

ITDC signs MoU with Amity University to train hospitality aspirants

New Delhi, October 25, 2018: India Tourism Development Corporation Ltd. (ITDC) hospitality major under the aegis of the Ministry of Tourism, Govt of India has today signed a Memorandum of Understanding (MoU) with Amity University Haryana Gurugram to offer Six months Certificate courses and One year Diploma in Hospitality trades through Ashok Institute of Hospitality and Tourism Management (AIH&TM), one of the premier PSU Hospitality Training Institutes of the country under ITDC.

The MoU was signed in the presence of Ms. Ravneet Kaur, IAS, Chairperson & Managing Director (C&MD), India Tourism Development Corporation Ltd. by Mr. Piyush Tiwari, Director (Commercial &Marketing), ITDC & Prof (Dr) Padmakali Banerjee – Pro Vice Chancellor, Amity University Haryana. Also present on this occasion were Mr. Pradip Kumar Das, director (F), Mrs. Anita Bimal (General Manager- HRD and Principal AIH&TM), Dr.Bhavana Adhikari, Deputy Dean (Academics), Amity University, Prof Arunangshu Bhattacharya, Professor and Head of School, Amity School of Hospitality, Amity University and senior officers from both the organisations.

Speaking at the signing ceremony, Ms. Ravneet Kaur, IAS, Chairperson and Managing Director (C&MD), ITDC said that “ITDC has always been paving road to success and change, driving growth of tourism in India. We believe tourism and hospitality are two important segments contributing to nation building and progressive development. AIH&TM, the ISO 9001:2015 certified HRD wing of ITDC, has trained more than 28, 000 candidates through its Hotels and industry partnerships. With an excellent past placement record, we believe that this collaboration of ITDC and Amity University Haryana will impart skills to students and contribute to the growth of tourism in India.”

ITDC holds 53rd AGM, announces 18.5% Dividend to the shareholders

India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, conducted its 53rd Annual General Meeting at the Group’s flagship hotel property, The Ashok, New Delhi. The meeting was chaired by Ms. Ravneet Kaur, IAS, Chairperson & Managing Director of India Tourism Development Corporation.

The Board of Directors present at the meeting were Ms Ravneet Kaur, IAS, Chairperson & Managing Director, ITDC; Sh. Piyush Tiwari, Director (Commercial & Marketing) ITDC; Shri Pradip Kumar Das, Director (Finance), ITDC. Government Nominee Director Ms. Meenakshi Sharma, IA & AS, Additional Director General, Ministry of Tourism & Independent Directors including Shri Ajay Swarup, Dr. Kamla Singh and Mr. K Padmakumar were also present in the meeting. Mr. Suman Billa, Joint Secretary, Ministry of Tourism represented President of India as the largest shareholder at the Annual General Meeting.

Following are the highlights from 53rd AGM Address of C&MD to the shareholders on company’s performance during 2017-18:-

  • The Corporation closed the year once again with the remarkable performance. The Turnover of the Corporation during the Financial Year 2017-18 was Rs. 370.64 crore as against Rs. 356.11 crore in the Previous Year 2016-17 (As per Ind AS).
  • The net profit before tax has been recorded to Rs. 23.62 crore during 2017-18 as against Rs. 11.43 crore in Previous Year 2016-17 (As per Ind AS).
  • The board declared and approved a dividend of 18.5% amounting to Rs. 15.87 crore approximately.
  • The Corporation has shown a significant improvement in the operational efficiency. Overall occupancy during 2017-18 was 56% as against 58% during 2016-17 with Hotel division achieving a turnover of Rs. 269.33 crore during the year 2017-18 and earning a net profit of Rs. 1.45 crore during the year 2017-18.
  • A big push is being given to connect ITDC with new customers especially with younger generation through print and social media. Steps are being taken to make ITDC website more attractive and user friendly. ITDC is also in the process of launching its mobile app, integrated with payment gateways to make the corporation compatible with latest trends and technology.
  • During the year 2017-18, ITDC won many awards and accolades which include “National Tourism Awards for the year 2015-16”; Global Star Award 2018; KAUSTUBH Award for Best MICE Hotel and many more.
  • In the present dynamic and highly competitive environment a need has been felt to broaden the image of the company from hotel centric organization to an organization offering one stop solutions for all hospitality, travel and tourism related needs through its various verticals.
  • The company is conscious of various challenges; hence the board has approved to undertake development of a new business plan aligned with changing business and economic scenario. Request for Proposal (RFP) is being floated for appointment of consultant for formulating new business plan of the corporation.

ITDC Organized Vendor Interaction Meet in Association With MSME

India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of Ministry of Tourism, Government of India organized a vendor interaction meet in association with MSME (Ministry of Micro, Small and Medium Enterprises) at Hotel Samrat.

The meet was chaired by Shri Pyush Tiwari, Director (Commercial and Marketing) ITDC along with Shri Vijay Kumar, Director (MSME) and was attended by large number of MSE’s, senior officials from ITDC and MSME.

The event provided an exceptional platform for meeting the Micro and Small Enterprises (MSE) and disseminating information about ITDC’S procurement of goods and services for encouraging participation by them in tenders.

The Information was provided by MSME officials about Udyog Aadhaar and the benefits being provided to MSE’s. All queries raised by the participants were promptly addressed by ITDC & MSME Officials to their satisfaction.

About India Tourism Development Corporation:

ITDC was incorporated in 1966 with a mandate to develop and expand tourism infrastructure in the country. The Corporation has been moving ahead with consistent efforts on development, growth and world-class services and amenities to its guests. Apart from running Hotels, the ITDC has diversified into non-hotel sectors like Ticketing, Tours and Travels, Event Management, Duty-Free Shopping, Publicity & Printing Consultancy, Engineering Consultancy, mounting Sound & Light Shows, Hospitality education and skill development– all under one roof.

The Ashok is proud to be preferred hotel of Indian teams from Asian Games 2018

The Ashok, New Delhi (A flagship property of India Tourism Development Corporation (ITDC) Ltd.) takes privilege of being the preferred hotel of the Asian Games 2018 Indian teams who have made our country proud and cemented our place on such prestigious platform. The Ashok salutes the exemplary performance of the Indian teams at Asian Games.

India brought home a total of 69 medals – 15 gold, 24 silver and 30 bronze from the Asian Games 2018 in Indonesia to surpass the medal count from 2010 Games in Guangzhou, China. This is also India’s best ever overall medal tally, equalling country’s joint-best effort at the Asian Games since the inaugural edition in 1951. The total of 24 silver medals is also the highest ever in Asiad history for India.

The foremost of Delhi’s five-star hotels and the flagship hotel of the Ashok Group, The Ashok symbolizes the traditional grandeur of the historic capital of India. Set in a prime location in Delhi’s Diplomatic Enclave, the property is a distinctive landmark, its rose-pink walls and arched arc-turreted contours set it apart from the glass and concrete conformity of other hotels. The Ashok’s hospitality, high level comfort, quality services and catering to its distinguished clientele has made a name to reckon with in the country.

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