Madhavan Menon

The domestic tourism market will return to pre-pandemic levels by the July-September period, says Menon.

US travel bookings remain weak due to visa concerns: Thomas Cook

Speaking to CNBC-TV18, Madhavan Menon, MD, Thomas Cook said the company was affected by demonetisation for a short period and bookings for 2017 summer season is back to normal.

Thomas Cook says demand visible in South East Asia, Oz

Demand is visible in South East Asian countries and Australia. The demand for long weekends in short haul packages has also risen, which is a complete new trend for Thomas Cook.

Brexit won't hit biz; Quess IPO key for growth: Thomas Cook

The company‘s forex and inbound businesses are doing well largely, which makes Thomas Cook CMD Madhavan Menon expect this year‘s growth at par with last year.

Thomas Cook reports Q3 net loss of Rs 13.53 cr

The integrated travel and related financial services company's total income from operations was at Rs 1,044 crore during the quarter under review, up 40.86 percent from Rs 741.12 crore like period of 2014-15.

See benefit of acquisitions coming through in CY16: Thomas Cook

Thomas Cook has seen growth in outbound tourism in Q42015 and they have already started bookings for summer 2016, said MD, Madhavan Menon.

Thomas Cook India elevates Madhavan Menon as CMD

The board of directors of the company has appointed "Madhavan Menon as Chairman and re-designated him as Chairman and Managing Director with effect from January 1, 2016," Thomas Cook India said in a filing to the BSE.

Thomas Cook completes acquisition of Kuoni Travel

Thomas Cook, along with its wholly-owned subsidiary Travel Corporation (India) Ltd, has completed the acquisition of 100 percent shareholding of Kuoni Travel, it said in a BSE filing today. The deal comes two days after the competition regulator CCI gave a go-ahead to the deal.

Acquired Kuoni at reasonable price: Thomas Cook

In an interview to CNBC-TV18, Madhavan Menon, MD of Thomas Cook spoke about acquisition of Kuoni Travels' India and Hong Kong business and the company's rationale behind the acquisition.

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.

Bookings higher by 20%; focus on UK, US: Thomas Cook

In an interview with CNBC-TV18, Madhavan Menon, MD, Thomas Cook says the company has its focus around Europe and the United States where growth has been 26 percent and 19 percent, respectively.

Domestic travel may grow by 50-60% this year: Thomas Cook

The subsidiaries of the company have performed well with Quess growing almost 83 percent.

To complete Sterling Holiday deal by year-end: Thomas Cook

Madhavan Menon also says that Ikya has worked out as an excellent acquisition. He expects Ikya to contribute more to company‘s profits and continue growing, led by policy changes.

To merge Sterling Holiday with arm: Thomas Cook MD

The combined value of the two organisations will exceed about Rs 3,000 crore, said Madhavan Menon.

Thomas Cook at 6-yr high, Sterling up 6.5% on merger plan

Thomas Cook (India) will first inject Rs 187 crore for a preferential allotment of a 23 per cent stake in Sterling. After that, it will buy stake from shareholders of the Chennai-based resort owner for Rs 176 crore.

Thomas Cook at 5.2-yr high on South India expansion

Investors are euphoric as the travel company launched a new branch outlet in Puducherry. The stock jumped 5 percent intraday on Wednesday.

Stable rupee to aid, aim double digit growth: Thomas Cook

Other subsidiaries of Thomas Cook have generated a sizeable growth on the PBT front despite the last quarter being a lean quarter for the tour and travel business, says Madhavan Menon, MD, Thomas Cook.

In no hurry to sell any realty, generate funds: Thomas Cook

In an interview to CNBC-TV18, Madhavan Menon, MD, Thomas Cook spoke about properties and the last two quarters being tough for the company.

Eye double-digit growth despite slowdown: Thomas Cook

The company reported a consolidated net profit of Rs 32.49 crore for the quarter ended June 30, 2013.

IPP proceeds to fund acquisition, capex: Thomas Cook

Thomas Cook India has got Securities and Exchange Board of India‘s (Sebi) approval for issuing nearly 3.5 crore shares or a 14 percent stake through the institutional placement route.

Thomas Cook to acquire 74% stake in Ikya for Rs 256cr

Travel services firm Thomas Cook (India) said it has inked a pact to acquire 74 per cent stake in Ikya Human Capital Solutions in a deal valued at Rs 256 crore.

Thomas Cook jumps 8% on IKYA Human Capital acquisition

Travel services company Thomas Cook (India) rose as much as 8 percent in early trade on Wednesday after acquisition of HR solutions company.

NCD issue: Thomas Cook aims broaden debt maturity profile

Thomas Cook India will raise Rs 200 crore by issuing non-convertible debentures (NCDs) on a private placement basis. Its promoter Fairfax has USD 30 billion invested worldwide and with the might of this new promoter the company is exuding confidence like never before.

Thomas Cook exudes confidence with new promoter Fairfax

Fairfax has USD 30 billion invested worldwide and with the might of this new promoter behind Thomas cook India, it is exuding confidence like never before.

Budget Reactions: Service tax hike will hurt tourism cos, says Thomas Cook

By Mr. Madhavan Menon – Managing Director, Thomas Cook (India) Ltd