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Thomas Cook’s arm successfully subscribes to 49% stake of TCI-Go

21 Jun 2017 Evaluate

Thomas Cook India’s wholly owned subsidiary - Travel Corporation (India), has successfully subscribed to 49% of equity share capital of TCI-Go Vacation India, a joint venture company with DER Touristik Group.

Earlier in May, Travel Corporation (India) had entered into Joint Venture (JV) Agreement with DER Touristik Group to form a Joint Venture Company ‘TCI Go Vacation India’ to be operational from Delhi NCR. 

Thomas Cook 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.


Peers
Company Name CMP
Thomas Cook (India) 104.05
IRCTC 461.25
TBO Tek 1688.20
Le Travenues Techno 159.30
Yatra Online 105.30
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