Thomas Cook (India) Limited
Thomas Cook offers a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Visa & Passport services, and E-Business. The company set up its first office in India in 1881.The Thomas Cook India Group spans over 25 countries across 5 continents with a team of over 8388 peopleThe company has 19 brands under its name for eg: SITA, TCI, and Distant Frontiers.
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Thomas Cook India (TCIL) is demerging its Resorts & Resort Management business into Sterling Holiday Resorts (SHRL). This strategic move aims to unlock value for TCIL shareholders and create a focused, separately listed entity in the fast-growing hospitality sector. SHRL will list on BSE & NSE. TCIL shareholders will receive...
Thomas Cook India (TCIL) announced a major restructuring: it is spinning off its Resorts & Resort Management business into Sterling Holiday Resorts (SHRL) to unlock value for shareholders and facilitate SHRL's future listing. TCIL shareholders will receive 81 SHRL shares (FV Rs.10) for every 100 TCIL shares (FV Re.1). The...