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'''Thomas Cook (India) Ltd.''' is one of India’s largest integrated travel and travel related financial services company, with headquarters in [[Mumbai]], India.
'''Thomas Cook (India) Ltd (TCIL)''' is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include [[Foreign Exchange]], [[Travel|Corporate Travel]], [[Meetings, incentives, conferencing, exhibitions|MICE]], Leisure Travel, [[Insurance]], Visa & [[Passport]] services and E-Business. The company set up its first office in India in 1881.

TCIL’s footprint (exclusive of its subsidiaries) currently extends to over 233 locations (including 23 airport counters) in 92 cities across India, Mauritius & Sri Lanka and is supported by a strong partner network of 116 Gold Circle Partners and 112 Preferred Sales Agents in over 130 cities across India.<ref>[http://newznew.com/thomas-cook-finalises-additional-office-premises-in-mumbais-corporate-hub/ "Thomas Cook Finalises Additional Office Premises in Mumbai"], ''NewZNew''</ref>

ICRA has upgraded the long term rating of Thomas Cook (India) Limited’s non-convertible debenture programme to ‘ICRA AA/Stable’. CRISIL has assigned a long term rating of CRISIL AA-/ stable outlook to the non convertible debenture programme and long term banking facilities and short term rating of CRISIL A1+ to TCIL’s banking facilities<ref>[http://smartinvestor.business-standard.com/market/Smartmoves-325081-Smartmovesdet-Thomas_Cook_rises_on_NCD_rating_upgrade.htm#.VnUMT_l97IU "Thomas Cook Rises on NCD Rating Upgrade"], ''Smart Investor Business'', 21 July 2015</ref>. Further, ICRA has assigned a rating of ‘ICRA AA-/Stable’ to the company’s proposed preference share programme.<ref>[http://articles.economictimes.indiatimes.com/2015-07-21/news/64683376_1_thomas-cook-india-icra-crore-non-convertible-debenture "ICRA Upgrades Rating of Thomas Cook India"], ''Economic Times'', 21 July 2015</ref>


== History ==
== History ==

Revision as of 08:00, 19 December 2015

Thomascook.in
Company typePublic
NSE: THOMASCOOK;[1] BSE: 500413 [2]
IndustryTravel & Travel related services
Founded1881 (Incorporated as a Company on 21.10.1978)
FounderThomas Cook
Headquarters
Thomas Cook (India) Limited, Thomas Cook Building, Dr D. N. Road,
Fort,
Mumbai – 400001
,
India
ProductsLeisure Travel – Outbound, Inbound, Domestic, Foreign Exchange, MICE, Corporate Travel, Insurance, Visa & Passport Services, Centre of Learning (education & training)
RevenueINR 3,863 Million (2012)
Number of employees
2807 (July 2013)
Websitewww.thomascook.in

Thomas Cook (India) Ltd (TCIL) is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business. The company set up its first office in India in 1881.

TCIL’s footprint (exclusive of its subsidiaries) currently extends to over 233 locations (including 23 airport counters) in 92 cities across India, Mauritius & Sri Lanka and is supported by a strong partner network of 116 Gold Circle Partners and 112 Preferred Sales Agents in over 130 cities across India.[3]

ICRA has upgraded the long term rating of Thomas Cook (India) Limited’s non-convertible debenture programme to ‘ICRA AA/Stable’. CRISIL has assigned a long term rating of CRISIL AA-/ stable outlook to the non convertible debenture programme and long term banking facilities and short term rating of CRISIL A1+ to TCIL’s banking facilities[4]. Further, ICRA has assigned a rating of ‘ICRA AA-/Stable’ to the company’s proposed preference share programme.[5]

History

Thomas Cook & Son started its Indian operations in Mumbai in 1881 as a branch. It was subsequently converted into a public limited company, under the name of Thomas Cook (India) Limited in 1979. In 2012, Thomas Cook (India) Limited was acquired by Fairfax Financial Holdings Limited, a Canadian conglomerate, through its step-down subsidiary, Fairbridge Capital (Mauritius) Limited, and the promoter equity was diluted to 75% in June 2013, in keeping with SEBI regulations.

Milestones

Year Achievement
1881 Thos. Cook & Son opens its first branch office in Mumbai
1978 Conversion of the branch office into a private limited company
1983 Listing of Thomas Cook (India) Limited on BSE pursuant to an Initial Public Offering
1998 Commencement of Operations in Mauritius
2000 Commencement of operations in Sri Lanka
2005 100% acquisition by Dubai Financial (LLC) of TCIM
2006 100% acquisition of Travel Corporation (India) Limited by Thomas Cook (India) Limited[6]
2007 Merger of LKP Forex with Thomas Cook (India) Limited
2008 Acquisition of 74.9% stake by Thomas Cook UK and TCIM in Thomas Cook (India) Limited[7]
2009 Issue of 50,650,699 shares through a rights issue by Thomas Cook (India) Limited[8]
2010
  • Execution of a seven year arrangement with New Delhi International Airport[9]
  • Launch of nine foreign exchange and travel counters
2011
  • Signed an agreement for marketing and distribution of borderless prepaid multicurrency foreign exchange card
  • Incorporation of TC Visa Services(India) Limited in Maharashtra, a wholly owned Subsidiary of Travel Corporation (India) Limited, which is a 100% Subsidiary of the Company[10]
2012
2013 Thomas Cook acquires stake in Quess Corp (formerly known as Ikya Human Capital Solutions. [12]
2015 Acquisition of Kuoni Group's travel business in India, Hong Kong by Thomas Cook (India) Limited

Products and Services

Thomas Cook (India) Limited offers a range of products and services including Outbound travel, Inbound travel, Domestic travel, MICE, Corporate Travel Management, Foreign Exchange, Travel Insurance, Visa & Passport Services and Centre of Learning (travel & tourism education & training vertical)

Awards and Recognition

.

Year Name of the Award Awarded By Ref(s)
2015 Gold Award for Thomas Cook India's Travel Quest PATA Gold Awards 2015 [13]
2015 Favourite Outbound Tour Operator Outlook Traveller Awards [14]
2015 Best Tour Operator - Outbound CNBC AWAAZ Travel Awards [15]
2015 Best Company providing Foreign Exchange CNBC AWAAZ Travel Awards [16]
2015 Exemplary Achievements in Visa Diamond Award [17]
2015 Favourite Tour Operator Condé Nast Traveller Readers Awards [18]
2014 Best Company providing Foreign Exchange CNBC AWAAZ Travel Awards [19]
2014 Best Tour Operator - Outbound CNBC AWAAZ Travel Awards [20]
2014 Favourite Tour Operator Condé Nast Traveller Readers Awards [21]
2014 India's Leading Tour Operator World Travel Awards [22]
2013 Best Tour Operator - Outbound CNBC AWAAZ Travel Awards [23]
2013 Favourite Specialist Tour Operator Condé Nast Traveller Readers' Travel Awards 2013 [24]
2013 Best Tour Operator Lonely Planet Travel Awards [25]
2013 Best Tour Operator - Outbound CNBC AWAAZ Travel Awards [26]
2013 Retailer of the Year – Leisure & Holidays ET NOW [27]
2013 Favourite Tour Operator Condé Nast Traveller Readers Awards [28]
2012 The Most Trusted Brand in travel services The Brand Trust Report™, India study 2012 [29]
2012 Favourite Specialist Tour Operator Condé Nast Traveller Readers' Travel Awards [30]
2012 Best Corporate Travel Management Company World Travel Brands [31]
2012 Favourite Tour Operator Condé Nast Traveller Readers Awards [32]
2011 – 2012 Tour Operator Promoting Niche Segments other than Adventure and MICE National Tourism Awards [33]
2012 “Top 10 South Asia IATA Authorized Training Centres” for Thomas Cook India’s Centre of Learning IATA [34]
2011 - 2012 Consumer Superbrand Superbrands [35]
2011 Favourite Specialist Tour Operator Condé Nast Traveller Readers' Travel Awards [30]

Directors

  • Chairman - Mr. Mahendra Kumar Sharma

References

  1. ^ NSE
  2. ^ BSE
  3. ^ "Thomas Cook Finalises Additional Office Premises in Mumbai", NewZNew
  4. ^ "Thomas Cook Rises on NCD Rating Upgrade", Smart Investor Business, 21 July 2015
  5. ^ "ICRA Upgrades Rating of Thomas Cook India", Economic Times, 21 July 2015
  6. ^ [1]
  7. ^ [2]
  8. ^ [3]
  9. ^ [4]
  10. ^ [5]
  11. ^ [6]
  12. ^ "Thomas Cook to acquire 74% stake in Ikya Human Capital Solutions for Rs 256 cr". New Delhi: The Indian Express. Press Trust of India. February 6, 2013.
  13. ^ [7]
  14. ^ [8]
  15. ^ [9]
  16. ^ [10]
  17. ^ [11]
  18. ^ [12]
  19. ^ [13]
  20. ^ [14]
  21. ^ [15]
  22. ^ [16]
  23. ^ [17]
  24. ^ Favourite Specialist Tour Operator Awards 2013
  25. ^ Best Tour Operator at the Lonely Planet Travel Awards 2013
  26. ^ Best Tour Operator - Outbound at the CNBC AWAAZ Travel Awards 2013
  27. ^ Retailer of the Year – Leisure & Holidays, by ET NOW in 2013 -
  28. ^ [18]
  29. ^ The Most Trusted Brand in travel services by The Brand Trust Report [19], India study 2012
  30. ^ a b Favourite Specialist Tour Operator at the Condé Nast Traveller Readers' Travel Awards 2011 & 2012 - [20]
  31. ^ Best Corporate Travel Management Company by World Travel Brands 2012
  32. ^ [21]
  33. ^ National Tourism Awards 2011-2012, TCIL was honoured with 3 prestigious awards: Special Award for endeavors in launching new tourism products and exemplary performance during the year 2011-12; Tour Operator Promoting Niche Segments other than Adventure and MICE and Award of Excellence: Best Tourism Promotion Publicity Material. [22]
  34. ^ Thomas Cook India’s Centre of Learning has received IATA accreditation as “Top 10 South Asia IATA Authorized Training Centres”, 2012 & 2013 [23]
  35. ^ “Consumer Superbrand” 2011-2012 by Superbrands -
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