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    • Forward bookings for upcoming season up by 20%: Thomas Cook

      "Thomas Cook India's outbound business recorded strong growth with an increase of 15% over Q2 of the previous financial year. Our focus on domestic vertical has also delivered a sales growth of 10 percent over Q2 of 2012," said Mr. Madhavan Menon, managing director at Thomas Cook (India) on its quarterly results

    • 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.

    • 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.

    • Do not see significant downside to margins: Thomas Cook

      With Thomas Cook's new promoter Fairbridge Capital holding 87% stake, Madhavan Menon, MD, Thomas Cook India informed that there have been no discussions yet with the new promoters regarding reducing stake.

    • Difficult to say if company will get delisted: Thomas Cook

      Thomas Cook India managing director Madhavan Menon told CNBC-TV18 it was too early to comment on whether the company would be delisted.

    • Nostro licence to fetch Rs 2-3cr more per qtr: Cox & Kings

      Until now, Thomas Cook has been enjoying its monopoly as the only travel company to have an authorised dealer licence also known as a Nostro licence. Peter Kerkar the director says the advantage is it will give them between Rs 2-3 crore of net profit per quarter through the year.

    • To conclude stake sale process by mid '12: Thomas Cook

      Thomas Cook India expects the stake sale process of parent company, Thomas Cook PLC, to be completed by mid 2012.

    • 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.

    • Expect 15% higher revenue, profit in Q4CY11: Thomas Cook

      Madhavan Menon, managing director of Thomas Cook speaks to CNBC-TV18 about the growth in the holiday goers and his outlook for the company.

    • Thomas Cook sees strong forward booking for winter season

      Inspite of the poor global scenario, the holidaywallas, Thomas Cook maintain a positive outlook for the current year. “We are witnessing much higher volumes of business on a year on year basis” said Madhavan Menon, managing director of the company.

    • If rupee remains stable, Thomas Cook sees active business

      With the holiday season setting in, the leisure industry, the travel and tourism industry is expected to bring the cheer in.

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