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Citco News

Chandigarh: CITCO lost ₹10 crore in 3 years due to poor planning, says CAG report

The audit estimates that maintaining workforce without any business activity resulted in a loss of <span class='webrupee'>₹</span>1.4 crore over two years. (HT FILE)

Updated 5 days ago

7 years after bizmen fled without paying ₹19 lakh bill, their rusting cars lose value; CITCO’s hopes of recovery bleak

The bizmen’s Audi Q5 and a Chevrolet Cruze were valued at <span class='webrupee'>₹</span>70 lakh in 2018 but their reserve price has now dropped to a combined value of around <span class='webrupee'>₹</span>5 lakh. (Ravi Kumar/HT)

Published 169 days ago

Chandigarh: CITCO to pump in ₹5.5 crore to give two hotels a facelift

The first phase of the renovation will focus on 25 of the 155 rooms at Hotel Mountview and 40 of the 108 rooms at Hotel Shivalikview. (HT File Photo)

Published 540 days ago

Chandigarh: CITCO inaugurates modernised petrol pump at Sector 56

The newly upgraded outlet boasts significant enhancements aimed at improving service quality and reducing fuelling time. (HT FIle photo)

Updated 610 days ago

CITCO orders eviction of unauthorised occupants in Mauli Jargan shed complex

Rent arrear to the tune of <span class='webrupee'>₹</span>27.33 lakh is also pending against an occupant from April, 2023 to October, 2024. (HT File Photo)

Updated 642 days ago

Cash-strapped CITCO loses ₹85L, thanks to official apathy

CITCO managing director Hari Kallikkat was not available for comments despite multiple attempts to reach him via calls and messages. (HT File)

Updated 718 days ago

₹1.7-cr rent for Hotel Parkview flats still unpaid, Chandigarh admn puts CITCO on notice

Last year in July, the Chandigarh Estate Office had handed over the flats to the health department after CITCO failed to construct a convention centre/banquet hall there despite having a grant of <span class='webrupee'>₹</span>9.5 crore. (HT Photo)

Updated 737 days ago

Chandigarh excise dept shuts down bars at CITCO hotels over lack of fire NOCs

A senior officer of Chandigarh Industrial and Tourism Development Corporation Limited said, all the bars of the hotels have shut after the directions from the excise department. (Getty image)

Updated 856 days ago

Chandigarh: CITCO hotels high on bar permits but fire safety a burning concern

Mandated by the National Building Code (NBC), 2016, the fire NOC is to be renewed every three years. (HT)

Updated 857 days ago

Now, CITCO to take charge of Chandigarh’s unsold liquor vends

There will also be a reason for cheer for consumers, as there will be no increase in rates of different categories of liquor in Chandigarh. (HT File PHoto)

Updated 899 days ago

CITCO refuses to refund ₹9.5 crore to Chandigarh administration

After CITCO failed to utilise the grant for the construction of a convention centre, the UT administration handed over the flats to the health department in July and also directed CITCO to refund the complete amount with interest. (HT File)

Updated 992 days ago

Chandigarh: 3 suspended CITCO staffers reinstated

The orders issued by CITCO said the decision was taken in exercise of the powers conferred under the Central Services (Classification, Control and Appeals) Rules, 1965. (HT)

Updated 994 days ago

Chandigarh: 3 CITCO officials indicted for fraudulent withdrawal of ₹35 lakh bank guarantee

Additional district and sessions judge BR Bansal (retd) conducted the inquiry and implicated CITCO’s commercial manager Anil Sharma, clerk Balwinder Kaur and junior assistant Rikkhi Ram. (iStock)

Updated 1023 days ago

With no MD for 18 months, CITCO works suffer

CITCO chairperson Nitin Yadav said the UT administration has already forwarded the name of a Punjab cadre officer to the ministry of home affairs (MHA) for final approval. (HT File)

Updated 1070 days ago

Chandigarh: 48 flats near Hotel Parkview to be used as medical staff hostel

Currently, the flats are lying abandoned, resulting in financial loss and deterioration of infrastructure. (HT Photo)

Updated 1132 days ago

CITCO announces Father’s Day photography contest

Winners of the photography contest will be announced in the first week of July and notified directly via social media. (HT File)

Updated 1146 days ago

Bank guarantee scam: CITCO officials kept sitting on file for 18 months

As per the case, the firm, OSCAR Security and Fire Service is accused of encashing <span class='webrupee'>₹</span>35 lakh bank guarantee submitted with CITCO on a fake document. (HT File Photo)

Updated 1154 days ago

CITCO to privatise Sukhna Lake restaurant

A total of 10 companies had shown interest in the proposal. As per CITCO records, Sukhna Lake restaurant earns roughly between <span class='webrupee'>₹</span>25 lakh and <span class='webrupee'>₹</span>30 lakh per month, not enough to break even. (HT File Photo)

Updated 1179 days ago

Rent for Hotel Parkview rooms not paid for 7 years, Chandigarh admn puts CITCO on notice

Originally, Hotel Parkview, then known as Yatri Niwas, had three blocks of apartments, including 24 each in two blocks and 48 officers’ apartments in the third block. (HT Photo)

Updated 1194 days ago

9 years on, CITCO says Hotel Parkview land not viable for convention centre

A senior CITCO officer said the site in Sector 24, Chandigarh, was not viable, as it was in a low-lying area, besides the premises were already being used for hotel operations. (HT Photo)

Updated 1201 days ago

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