ITDC

The India Tourism Development Corporation has signed a pact with the Ministry of Ayush for promotion of medical tourism in the field of Ayurveda and other traditional systems of medicine. Under the agreement, the ITDC will promote "Heal in India Medical Value Travel in Ayurveda, Yoga and other Indian traditional systems of medicine", a statement said. It will also as assist in establishing the country as the number one destination for medical value travel in consultation with the Ayush and Tourism ministry, the ITDC statement said. Medical value travel, also known as health tourism or medical tourism is defined as travel for the purpose of maintaining, improving or restoring health through medical intervention. Under the Memorandum of Understanding, ITDC will explore establishing Ayurveda and yoga centres in hotels run by it. The pact was signed in the presence of Pramod Kumar Pathak, special secretary- MoA, SRK Vidyarthi, director, MoA, and Piyush Tiwari - director, commercial a

Rao, a 1990 batch IAS officer from Kerala cadre, was previously the managing director of the Indian Tourism Development Corporation

The government has fixed an indicative value for Delhi's iconic 'The Ashok' hotel at Rs 7,409 crore under the national monetisation programme.

India and other developing countries under the G24 grouping have objected to the proposal of making sovereign commitments to not introduce any future digital services tax like equalisation levy

The government has pitched for the PPP mode after India's recent good performance in the Tokyo Olympics

WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers

In the past seven trading days, BEML stock has advanced 36 per cent

The Andhra Pradesh government and India Tourism Development Corporation have agreed to partner with each other to build a skill ecosystem in hospitality and tourism in the state

Shares of India Tourism Development Corporation (ITDC) have zoomed 50 per cent in the past four trading sessions

The firm can look to partner IHCL and introduce a guest loyalty programme

This is the first-of-its-kind project for the state-owned ITDC, which bagged the project beating several private contenders

In past four weeks, the stock zoomed 84% as compared to 0.85% rise in the S&P BSE Sensex.

The stock hit 52-week high of Rs 422 in intra-day trade, rallied 59% in past seven trading days.

The stock hit a high of Rs 326, rallied 84% since December 28, as compared to 3.9% gain in the S&P BSE Sensex.

Which could fetch around Rs 260 crore to the exchequer

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

The stock locked in upper circuit of 20% at Rs 187 on the BSE.