Page 3 - Thomas Cook

As Thomas Cook goes bankrupt, thousands are left stranded across the world

It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation

178-yr-old company, Thomas Cook files for bankruptcy as bailout talks fail

In the space of little more than a year, Thomas Cook's business outlook degenerated from concern about the sales impact of a freak north European heatwave to a full-on fight for survival

Thomas Cook fails to find private investors, now relies on govt bailout

But ministers are unlikely to step in due to worries about the pioneering operator's longer-term viability

No connection with UK operator, our business is intact: Thomas Cook India

Thomas Cook India is a completely different entity post acquisition by Fairfax in 2012, UK operator hold no stake in the firm in India, says chairman

Ailing Thomas Cook in talks with UK govt and investors for rescue deal

The world's oldest travel company was fighting for its survival over the weekend after its lenders threatened to pull the plug on a rescue deal that has been months in the making

UK aviation watchdog prepares for possible Thomas Cook collapse

The Civil Aviation Authority is making contingency plans for the possibility of having to repatriate 'hundreds of thousands' of passengers stranded abroad

Thomas Cook says it's bullish about travel biz and open to new investments

The tour operator issued a statement on Tuesday in the backdrop of financial crisis faced by rival firm Cox & Kings

Club Med's chinese owner set to bid for Thomas Cook unit: Report

Thomas Cook's airline business wouldn't be part of the deal

Thomas Cook to invest Rs 300 mn by 2020 to expand footprint in India

Looks at opening 50-60 new offices pan India over the next 2 years

Thomas Cook okays corp revamp, shareholders to get shares in HR firm Quess

Thomas Cook, which bought 49% in Ikya (now Quess) in 2013, got it listed in 2016, will cease to be its promoter; new Quess shares go to Thomas Cook shareholders

Thomas Cook to spin off Quess in a year to simplify business structure

Fairfax-owned Thomas Cook runs travel, foreign exchange, vacation ownership business (through Sterling Holidays) in addition to Quess

Tata Capital sells travel, forex units to Thomas Cook

The sale will allow Tata Capital to exit non-core business segments

A new map for Thomas Cook

Old travel brand reinvents itself to cater to changing customer expectations

Thomas Cook expands footprint, acquires Kuoni business in 17 countries

The move marks its big foray into inbound travel segment, gives it a pricing edge over competition

Thomas Cook firms up on robust Q1 earnings

The company reported 56% growth in consolidated net profit at Rs 62 crore for the quarter ended June 30, 2016

Thomas Cook India inks pact with Matrimony Bazaar

The company however did not disclose any financial details about the partnership

Thomas Cook (India) gains as arm plans IPO

The company's arm Quess Corp is planning to raise Rs 400 crore through IPO

Thomas Cook Q4 net loss at Rs 71 crore

Travel firm Thomas Cook (India) today reported a consolidated net loss of Rs 70.78 crore for the quarter ended March 31, 2016. It had posted a net profit of Rs 2.25 crore for the corresponding period of the previous fiscal, the company said in a filing to BSE. Consolidated total income stood at Rs 1,298.75 crore for the quarter under consideration as against Rs 864.86 crore in the year-ago period. The consolidated profit before tax declined from Rs 170 crore during the 15-month period ended March 31, 2015 to Rs 28.5 crore during the year ended March 31, 2016 on account of exceptional one time provisions, including Rs 93.9 crore in Sterling Holidays, the company said. This was primarily due to adoption of a more pragmatic and prudent approach towards vacation ownership receivables and write-off of capital work in progress, as also a Rs 7.3 crore receivable write-off in the inbound business, it added. Thomas Cook (India) Chairman and Managing Director Madhavan Menon said, "We are ..

Thomas Cook: Better late than never

A digital ad campaign of Thomas Cook India aims to encourage older people to travel and also move the younger generation to push their older relatives out of their comfort zones

Thomas Cook elevates Mahesh Iyer to COO post; expands roles of key executives

Iyer will be responsible for day to day business management, in addition to managing the visa and foreign exchange business in India, Mauritius and Sri Lanka