Thomas Cook (India)

Omnichannel travel services firm Thomas Cook India and its group company SOTC Travel on Tuesday partnered with LTIMindtree to launch 'Green Carpet', a global platform that will help companies to monitor and manage their business travel emissions. Markets regulator Sebi has mandated the top 1,000 listed companies in India by market capitalisations to make filings as per the Business Responsibility and Sustainability Reporting (BRSR) from 2023-24. A SaaS-based platform, "Green Carpet" is designed to address specific concerns faced by organisations, helping them capture, monitor, analyse and reduce their carbon emissions from business travel. It offers real-time insights related to Scope 3 emissions and helps organisations to significantly reduce their ESG reporting costs. "The Sebi (Securities and Exchange Board of India) BRSR mandate extends to the top 1,000 listed companies by market cap - starting from FY24. So this is an immediate need for these enterprises. "Of these 1,000 list

In a Q&A, group chairman Madhavan Menon says he sees business moving to overseas companies, which in itself will impact the tax collection opportunity for the govt

Travel services firm Thomas Cook (India) Ltd on Wednesday reported narrowing of its consolidated net loss to Rs 93.83 crore for the quarter ended June 30, 2021.

Travel services company Thomas Cook India on Friday said it has signed an agreement with group firm SOTC and Turkiye Tourism for promoting the West Asian country as a tourist destination in India

BoI, Devyani Intl, Eveready, FSL, Mahindra Life, Paytm, REC, Siemens, Sintex, SPARC, Tata Steel, Thermax and Vijaya Diagnostics are some of the prominent companies to announce results today.

Travel services provider Thomas Cook (India) Ltd on Thursday reported narrowing of its consolidated net loss at Rs 24.59 crore for the third quarter ended December 2021. The company had posted a consolidated net loss of Rs 66.24 crore in the same quarter last fiscal, Thomas Cook (India) said in a regulatory filing. Consolidated total income from operations stood at Rs 750.25 crore, as compared to Rs 271.42 crore in the year-ago quarter. Total expenses jumped to Rs 786.69 crore from Rs 360.75 crore earlier. The lockdowns and restrictions imposed from time to time on various activities due to the COVID-19 pandemic have posed challenges to all the businesses of the company and its subsidiaries and associates, Thomas Cook (India) said. While initial restrictions such as cessation of air traffic and other forms of public transport and closure of hotel operations have been relaxed over the past few quarters, the second and third waves of the pandemic have been a serious hindrance to ...

Any positive development in the travel industry may boost related stocks.

The domestic air passenger traffic increased around 67 per cent year-on-year in October

The travel services firm on Friday reported narrowing of its consolidated net loss

In addition to its holiday business, Thomas Cook India has observed increased uptick from the wedding and honeymoon segment

Increased occupancy coupled with upward revision in fare bands by the government has translated into higher fares during the festive season

Travel services provider Thomas Cook India has reported widening of consolidated net loss to Rs 20.23 crore for March quarter 2020-21, impacted by the pandemic. The company posted a net loss of Rs 13.90 crore for the year-ago period, Thomas Cook said in a late night regulatory filing on Thursday. Total income from operations stood at Rs 401.64 crore in the quarter under review. It was Rs 1,109.02 crore in the same period a year ago. For 2020-21, the company posted a net loss of Rs 295.19 crore as against a loss of Rs 17.65 crore in the previous year, Thomas Cook India Ltd (TCIL) said. Total income from operations stood at Rs 945.74 crore in the year. It was Rs 6,948.30 crore in 2019-20, it added. "We are already seeing positive signs with the tapering of infection rates globally and travel reopening in select countries, albeit in an understandably careful and calibrated manner," TCIL Chairman & MD Madhavan Menon said. This augurs well for the revival of the sector, with ...

Integrated travel services company Thomas Cook India limited its loss at a consolidated level to Rs 68 crore in Q4 FY21, compared with Rs 89 crore in the previous quarter

At the bourses, 'unlock trade' has been playing out well over the past few weeks with stocks from the related sectors on a run

The weekly chart of Thomas Cook shows a consolidation breakout above Rs 40, indicating a positive outlook from a medium-term scale

The travel services firm said it plans to raise up to Rs 450 crore via the issue of Optionally Convertible Cumulative Redeemable Preference shares (OCCRPS) through private placement

Promoter PNB said that it will not participate in PNB Housing Finance's capital raising plans

The size of the issue is up to Rs 450 crore subject to the approval of regulatory, statutory authorities and the shareholders of the company

Thomas Cook India said its reported cash and bank deposits had dropped by Rs 146 crore to Rs 245 crore during the three months to June 2020.

The company had posted a net profit of Rs 8.60 crore for the corresponding period previous fiscal, Thomas Cook said in a BSE filing