Thomas Cook Plc

Thomas Cook (India) has gained further today on the buzz that Thomas Cook Plc will sell its India unit stake.

Thomas Cook locked at 20% upper circuit

Thomas Cook Plc has started formal process to sell India unit stake, reports CNBC-TV18, quoting Reuters.

Parent co has no plan to sell Indian arm: Thomas Cook

Putting to rest rumours, Madhavan Menon, the managing director of Thomas Cook India tells CNBC-TV18 that the parent company, Thomas Cook PLC, has no plans to sell off its Indian arm.

Thomas Cook (Ind) moves up smartly

Thomas Cook Plc has open with 50% gain after company agreed on new emergency loan facility, reports CNBC-TV18, quoting Reuters.

Demand strong now; Re fall to hurt in 6-months: Thomas Cook

Despite the free fall in the Indian currency over the week, Madhavan Menon, managing director at Thomas Cook India said that the company has seen no great decline in the demand. However, he held that it takes about 6 months for demand to react to currency fluctuations.

Thomas Cook (Ind) gets cooked after parent company lost 60%

Thomas Cook Plc was down 60% on the London Stock Exchange. The parent company is holding 77% stake in Thomas Cook (India), reports CNBC-TV18.