Tag Archives: Piyush Tiwari

Ashok Institute of Hospitality and Tourism Management (AIH&TM), the Human Resource Development division under India Tourism Development Corporation (ITDC), has been certified with ISO 9001:2015 certification for imparting quality education in hospitality and tourism management. To ensure that various activities undertaken by the institute are standardised with latest quality policy Ashok Institute of Hospitality and Tourism Management (AIH&TM) has now upgraded to ISO 9001:2015 Certification. Besides conducting short duration customised training programmes for hotels and restaurants, AIH&TM has offered hospitality-related training consultancy for Ministry of Tourism, President House, Prime Minister’s House, State Bhawans, Indian Foreign Services, Shri Mata Vaishno Devi Shrine Board, public sector organisations and State Tourism departments. Commenting on the certification, Piyush Tiwari, Director Commercial & Marketing, ITDC, said, “ITDC stands for change and development in tourism and hospitality and assist in building a better nation. Also, we ensure that we are parallel to the advancements in terms of quality and technology. The ISO 9001:2015 certification confirms our capability to deliver knowledge and training in the best possible way to help build a skilled India.”  

India Tourism Development Corporation (ITDC), conducted its 52nd Annual General Meeting at The Ashok, New Delhi. Chairing the meeting, Ravneet Kaur, IAS, Chairperson & Managing Director, ITDC, announced that corporation closed the year with a turnover of Rs. 495.14 crore during 2016-17. The net profit before tax has been recorded to Rs.17.52 crore during 2016-17. Also, the board declared and approved a dividend of 13.30 per cent amounting to Rs.11.41 crore approximately in the meeting held on May 30, 2017. Other Board of Directors present during the meeting included Piyush Tiwari, Director (Commercial & Marketing), Pradip Kumar Das, Director (Finance), government nominee directors and independent directors. The CMD announced that ITDC has shown a significant improvement in the operational efficiency. Overall occupancy during 2016-17 was 58 per cent as against 52 per cent during 2015-16 with flagship Hotel ‘The Ashok’ recording highest turnover of Rs. 152.91 cr during 2016-17. The board said that 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.

India Tourism Development Corporation (ITDC) has posted a growth of 6.32 per cent with a total turnover at Rs 495.14 crore as compared to Rs. 465.69 crore in last financial year. Revenue from operations stood at Rs. 473.15 crore as compared to Rs. 437.13 crore in the last fiscal. Corporation posted profit before tax (PBT) of Rs.17.52 crore and profit after tax (PAT) of Rs.12.05 crore in 2016-17 against Rs. 32.42 crore and Rs. 22.55 crore respectively in the previous year. The results were announced in the Board Meeting held on May 30, 2017, at the Group’s flagship hotel, The Ashok, New Delhi. Piyush Tiwari, Officiating Chairman & Managing Director and Director (Commercial & Marketing), India Tourism Development Corporation (ITDC), said, “FY 2016-17 has been a motivating year for ITDC as it was the golden jubilee year for the organisation. The profit is result of several proactive initiatives taken by the organization to improve productivity and efficiency at the beginning of the year. Besides posting continuous profit year after year, ITDC has maintained its status of Mini Ratna and its commitment towards the shareholders through announcing consistent dividends for last four consecutive years.” Hotel The Ashok, Ashok International Trade division and Ashok events division of ITDC were other contributors to the profit for FY 2016-17. The Ashok hotel posted a highest ever turnover amounting to Rs. 152.91 crore.

In a bid to create awareness about digital payments and cashless banking in the wake of demonetisation, India Tourism Development Corporation (ITDC) organised an interactive awareness program for its employees in association with State Bank of Hyderabad. During the awareness program, various available modes of cashless transactions such as POS machines, e-wallet, mobile banking, online banking, using apps such as SBI Buddy, SBI Freedom etc. were demonstrated and explained in detail. Umang Narula, Chairman and Managing Director, ITDC, said, “It’s a matter of great satisfaction and pride that this workshop was organised. The government is promoting cashless transactions to overcome the acute shortage of lower denominations. In my opinion, this is a good move as digital transactions ensure transparency and proper payment of taxes.” He appealed to the employees and the young trainees to join the digital system of operations at the earliest as the nation is moving towards the cashless mode of transactions. The program was also graced by Piyush Tiwari, Director Commercial and Marketing, ITDC, Pradip Kumar Das, Director Finance, ITDC, and Vinayak Garg, Chief Vigilance Officer, ITDC.

India Tourism Development Corporation (ITDC) opened its new Duty Free Shop at Kakinada Deep Water Seaport, Andhra Pradesh. The shop was inaugurated by Piyush Tiwari, Director (Commercial and Marketing), ITDC in the presence of S. Narasimha Reddy, Jt. Commissioner, Customs, Lt. General. (Retd.) Dr A S Rao, CEO, Kakinada Seaport, senior port authorities and other officials of Govt. of Andhra Pradesh. With the opening of this Duty Free Shop, ITDC has established its presence at Coimbatore Airport and 9 Seaports in the country. Strategically located inside the Port at Kakinada, the latest duty free shop has been aligned with ITDC’s aim of providing shoppers with an incredible shopping experience. Talking about the launch and ITDC’s duty free business, Tiwari said, “Kakinada Deep Water Seaport is an important port as it is the major port of Andhra Pradesh. ITDC launching its 9th Duty Free shop at this port is a major step undertaken by the corporation in its business of Seaport Duty Free Shops.  Moving forward, our aim is to further expand our seaport business, covering all major ports in the country in coming years.”