The collapse of Thomas Cook in the UK has no impact whatsoever in terms of ownership, business, people, technology or processes to us at Thomas Cook India: Madhavan Menon, chairman & managing director, TCIL.
Thomas Cook has bought stake in Thomas Cook India from Dubai Financial Group for up to Rs 1,336 crore. The group is repurchasing Thomas Cook's brand business, earlier licenced to Dubai Financial Group.
UK-based travel services provider Thomas Cook Group plc will sell for Rs 817.4 crore (Rs 8.17 billion) its entire 77 per cent holding in the Indian arm to Fairbridge Capital (Mauritius) Ltd, a subsidiary of Fairfax Financial Holdings.
'Travellers are considering safer and more stable destinations.'
Travellers are keen to explore traditional Indian arts and crafts like Madhubani painting in Bihar, pottery and weaving workshops in Rajasthan, or Kathakali and Kalaripayattu training in Kerala.
'The culture of mankind has been spread by the travel gene which pushes one in five people to have the curiosity to move to unknown destinations.'
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
The company operated chartered flights from London Gatwick and Manchester airports to Goa between November and March and its closure will adversely impact local tourism.
Former England captain Cook, 34, who retired from international cricket this year, was his country's most-capped Test player and record test run scorer.
Travel companies Cox & Kings and Thomas Cook explore initiatives aimed at tapping the niche market of travel packages for kids and the disabled.
'With the current situation in the global job market, students come back with an added burden of educational loans.'
The demand is the highest for the India-Pakistan match at Old Trafford in Manchester on June 16 and also for the final at Lords on July 14.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The United States and the United Kingdom, citing terrorism concerns, on Tuesday barred passengers on some international flights from mostly Muslim-majority countries, from carrying large electronic devices like cameras and laptops as cabin baggage.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
...He'd be running a successful aviation business, says Anjuli Bhargava.
The US has already eased the procedure for issuing visa to attract a million Indian tourists by 2015
A foreign holiday has now become non-negotiable for Indian consumers.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
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