Thomas Cook is a leading travel and forex company offering global services with a focus on innovation. Expanding into resorts and souvenir imaging solutions through acquisitions. Sales are rebounding post-Covid, with long-haul leisure travel and other segments expected to drive 17.2 percent revenue growth by FY26.
In the recent times, we can see a lot of foreign parent companies cashing out from their Indian counter-parts at higher valuations
Promoter Fairbridge Capital plans to sell up to a 8.50 percent stake in Thomas Cook through the OFS.
Customers will need to add "Thomas Cook Forex" as a contact on WhatsApp using the number +918879142236, just like adding any other contact.
The impact of 20 percent Tax Credited at Source on international credit card payments will be minimal for Thomas Cook, says Arihant Capital
TCS will have a short-term impact and domestic travel will become the flavour for a month or two, said Thomas Cook India CEO. He added that the Go First issue is a challenging situation as there is no clarity on the airline resuming operations.