Thomas Cook to acquire Kuoni's India, HK biz for Rs 535 cr

The company has entered into an agreement with Kuoni group to buy 100 per cent stake in Kuoni Travel (India) Pvt Ltd, Thomas Cook India said in a statement.

Thomas Cook India acquires Sri Lanka-based Luxe Asia

Travel company Thomas Cook India has acquired Sri Lanka-based destination management firm, Luxe Asia, for an undisclosed sum.

Thomas Cook India arm Quess Corp to acquire 49% stake in TSQ

Thomas Cook India's footprint currently extends to over 234 locations (including 23 airport counters) in 96 cities across Mauritius, India and Sri Lanka.

Thomas Cook working on small outlet model to reach clients

To tap into the growing middle class, travel services provider Thomas Cook is working on a model to reach out to its customers by setting up small outlets in high footfall areas such as malls and markets.

China giant Fosun takes 5% stake in Thomas Cook

Chinese conglomerate Fosun International announced Friday it had bought a five percent stake in UK-based tour operator Thomas Cook in its latest foray into the travel market.

Thomas Cook says CEO Harriet Green to step down

The company said on Wednesday the leadership change would take place with immediate effect, explaining that Green`s remit had been to overhaul the firm.

Thomas Cook's arm to acquire 49% stake in MFXchange Holdings

Travel firm Thomas Cook India today said its arm IKYA has entered into a definitive agreement with Fairfax Financial Holdings Ltd to acquire 49 percent stake in MFXchange Holdings, Inc (MFX), a wholly owned subsidiary of Fairfax.

Thomas Cook, Sterling Holiday merger deal gets BSE, NSE nod

The deal would give Thomas Cook access to Sterling Holiday's 19 properties in 16 holiday destinations across India.

Thomas Cook (India) Apr-Jun quarter Net up 11% at Rs 36.06 crore

Thomas Cook (India) today reported 11 percent growth in net profit for the April-June period at Rs 36.06 crore, compared to the same period of last year, on the back of strong performance of core businesses of travel and foreign exchange.

Thomas Cook seeks rationalisation of entertainment tax structure

The industry is hopeful of prioritisation towards key issues like safety and infrastrucure and swift implementation of the electronic visa authorisation/e-visa.

German tour operators cancel all trips to Egypt

German travel and tourism groups TUI and Thomas Cook said on Friday they are cancelling all holidays to Egypt until mid-September in face of the escalating violence in the country.

Thomas Cook India raises Rs 184 crore via IPP route

The company currently operates in over 101 cities across over 253 locations (including 27 airport counters).

Promoter stake in Thomas Cook India reduced to 75% via IPP

This is in compliance with the conditions prescribed by SEBI vide its letters dated March 8, 2013 and April 15, 2013 respectively, it added.

Thomas Cook India to raise Rs 200 cr via NCD route

The company's board of directors has approved raising of Rs 200 crore by issuance of non convertible debentures (NCDs) on a private placement basis with/without security, Thomas Cook India said in a filing to BSE.

Fairbridge Capital Mauritius becomes promoter of TCIL

Fairbridge Capital (Mauritius) Ltd has now become a promoter of Thomas Cook India Ltd (TCIL) following completion of acquisition of 76.69 percent stake of the travel firm from its erstwhile UK-based parent.

Thomas Cook Q2 net up 44.50% at Rs 31 cr

The company had posted a net profit of Rs 21.46 crore for the corresponding period of previous fiscal, Thomas Cook India (TCIL) said in a filing to BSE.

Thomas Cook seeks shareholders' nod for India ops stake sale

The general meeting will take place on August 9, it added.

Thomas Cook partners with Expedia to offer visa services

Thomas Cook's (India) business division Thomas Cook Visa & Passport Services has tied up with online travel company Expedia India to provide a range of visa assistance services to its customers in the country.

Thomas Cook sees over Rs 830 crore goodwill charge on India biz sale

Travel firm Thomas Cook Group Plc Thursday said it has recorded goodwill impairment charges of 96 million pounds (over Rs 830 crore) related to the sale of its India business.

Thomas Cook sells Indian arm stake to Fairbridge for Rs 817.4 cr

The Group will grant Fairbridge a licence over the Thomas Cook brand for 12.5 years in the countries in which TCIL currently operates, it said.