Thursday, February 1, 2001
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Govt rejects 50 bids for ITDC hotels 

 
New Delhi, Jan 31: Around 125 bids have been shortlisted for disinvestment of eight hotels of the public sector India Tourism Development Corporation slated for privatisation next fiscal. Terming the response as phenomenal, sources said the government had received around 175 bids for the hotels under the public sector hotel chain. But the government has rejected 50 bids by various players for the properties.

(PTI)

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