Credit rating agency, ICRA has upgraded the rating of Thomas Cook India’s Rs 200.0 crore Non-Convertible Debenture (NCD) Programme, from ‘AA-‘ to ‘AA’. The outlook on the rating is stable.
Thomas Cook is the largest 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.