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US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
Maine sex scandal, Trump's sway: What to watch in Tuesday's US primariesVoters in Maine, South Carolina, Nevada, and North Dakota cast ballots today. Key races include a Democratic Senate primary in Maine where ...
Bundled vs standalone travel insurance: Which works best for your trip? Comparing costs, coverage, and claimsSince both serve specific purposes and needs, pick the one that suits your travel itinerary and circumstances
IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
Thomas Cook India to demerge resort biz into Sterling Holidays; plans subsidiary listingThomas Cook India is demerging its resorts and resort management business into Sterling Holiday Resorts Limited. This move will streamline ...
Financial turmoil at Thomas Cook PLC not to impact Thomas Cook IndiaThomas Cook UK had ceased to be the promoter of Thomas Cook (India) after it transferred its entire stake in 2012 to Fairfax, a Canada base...
Thomas Cook completes acquisition of Kuoni DMS businessWith this move, The Thomas Cook India Group’s travel business network will now have added 17 new countries, increasing its footprint to now...
Thomas Cook India to buy 24% stake in Sita World Travel LankaThe balance 76 per cent is held by SOTC Travel Service Pvt Ltd, a subsidiary of Thomas Cook India and Travel Corporation of India Ltd.
Thomas Cook-owned Sterling acquires Nature Trails ResortsThomas Cook-owned Sterling Holiday Resort has signed an agreement to acquire full stake in Mumbai-based adventure holiday company Nature Tr...
Sterling Holidays to build a 3-star resort at Jalpaiguri Eco-tourism hubGajoldoba, a little-known destination on the bank of Teesta river in Jalpaiguri district, offers a clear view of Mount Kanchenjunga.
Quess's IPO hits road block due to differences of opinion between Prem Watsa’s India team & promotersQuess chairman & CEO Ajit Isaac, 48, said his company is just a month away from the IPO provided it receives approval from the Thomas Cook ...
Thomas Cook India acquires Sri Lanka-based Luxe AsiaThe buyout has been done through its wholly-owned subsidiary, Thomas Cook Lanka Pvt Ltd, and post acquisition Luxe Asia will be operated as...
Thomas Cook's arm to acquire 49% stake in MFXchange HoldingsThe integration of MFX with IKYA will result in the formation of the GTS Group marking IKYA's entry into the IT Services and Solutions.
Thomas Cook India gains majority holding in Sterling Holiday ResortsThomas Cook India's footprint currently extends to over 233 locations (including 22 airport counters) in 99 cities across India,Mauritius &...
Prem Watsa backed Thomas Cook set to take over Sterling Holidays & ResortsPost merger, Fairfax will own 67% of Thomas Cook India, Bay Capital will own 9% and rest by shareholders of both the companies.
- Tata Capital not in race for Thomas Cook India unit
Tata Capital has today said that it has not participated in the official bidding process for Thomas Cook's India business.
- Thomas Cook short-lists three bids for sale of India unit; Travelex out of the fray
The three short-listed bidders include Carlyle, TA Associates and a third contender whose identity could not be independently verified.
- Tata Capital joins race for Thomas Cook India unit
Tata Capital is likely to be among bidders shortlisted to buy Thomas Cook India, in which parent company Thomas Cook PLC owns a 77.1% stake.
- Carlyle, TA Associates emerge frontrunners for Thomas Cook India unit
Buyout firms Carlyle and TA Associates have emerged as frontrunners for the purchase of Thomas Cook PLC’s Indian unit, two people briefed o...
- Thomas Cook close to buying LKP Forex
Travel and tourism major, Thomas Cook is close to acquiring LKP Forex, a wholly-owned subsidiary of LKP Merchant Financing.