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the Group commenced its operations in Mauritius and also acquired the Sri Lanka business from Thomas Cook Overseas Ltd. Thomas Cook started its India operations. politicians. the who's who of the era . As the years passed by. The world got around and by the early 1900s. it was christened Thomas Cook (India) Ltd. As it expanded its horizons across the subcontinent. And on 21st October 1978. Driving innovation in the business. the Company introduced the world to a whole new concept of leisure and business travel. But it wasn't until the early 1860s that he began the travel firm. it connected continents and presented the people an economic and state mode of travel across them. He went on to introduce a railway tour of Europe. only to make its first public issue in February 1983. the Company came to be known as Thomas Cook Overseas Ltd. with its first office being set up in Kolkata. The Company also started operations for military transport and postal services for England and Egypt during the 1880s. which included tours of the USA.Company Profile Thomas Cook(History) In 1841. And it marked the beginning of a chapter in history. Thomas Cook & Son. In the year 2000. bishops and professors patronised Thomas Cook's travel itinerary.kings. In 1881. young Thomas Cook arranged an 11-mile train journey for a motley group of passengers from Leicester to Loughborough. UK. .
The Company launched its Indian operations in 1881 and is celebrating its 127 years of world-class service in India. and Insurance. Leisure Travel. namely: Leisure Travel Corporate Travel Management MICE. Thomas Cook (India) operates in the following areas of business. Foreign Exchange SWIFT Network Travel Insurance Credit Cards Pre-Paid Cards Life Insurance and E-Business .Company Profile Thomas Cook (India) Ltd. Corporate Travel. is the largest integrated Travel and Travel related Financial Services Company in the country offering a broad spectrum of services that include Foreign Exchange.
On March 7th 2008. Recently. Thomas Cook (India) acquired LKP Forex Limited and Travel Corporation (India) Pvt. Thomas Cook (India) Limited (TCIL) is a part of Thomas Cook Group plc UK (TCG). The company has overseas operations in Sri Lanka which is a branch of TCIL and Mauritius which is a subsidiary of Thomas Cook (India). The Company employs over 2. over the years has received several prestigious awards such as the Golden Peacock Award for excellence in Corporate Governance and the Pacific Asia Travel Association (PATA) Golden Award for Best Travel. Thomas Cook Group plc is one of the largest travel groups in the world with a market capitalization of approximately US$6 Billion. TCIL presently operates in over 72 cities across over 180 locations. Ltd. Post March 31st 2008. In June 2006.200 resources and is listed on both the Bombay Stock Exchange as well as the National Stock Exchange. TCG announced its decision to acquire TCIL from Dubai Investment Group. the Company won the Best Tour Operator at the CNBC Awaaz Travel Awards 2008 and was also accredited the P1 rating which is the highest financial rating given by Crisil. Thomas Cook (India). (TCI). .
TCI is a member of AFTA. TCI is one of India s largest outbound operators and is the G. JATA. TCI's core activities are Inbound Tourism. Japan and Australia. Korea. . conferences and air charter / cruise ship ground operations.S. Greyhound.S. for the Palace on Wheels and the Deccan Odyssey. (TCI) is India s premier travel and tour organisation. China. Business Travel and Leisure Travel. Over 1000 professionals at TCI offer expert guidance and take care of your every requirement. UK. ICCA. ASTA. giving you optimum value for money. TCI is a leader in the inbound tourism field and works closely with tour operators worldwide. TCI specialises in special interest and incentive tours. established in 1961. It has 25 offices in India and a total of 11 offices in USA. IATO. Europe. IATA. TAAI. Canada. Japan Rail and a PSA of Costa Cruises. Travel Corporation (India) Ltd.A.A. in India for Globus & Cosmos Tours. Rail Europe. Besides tours to popular destinations in India and neighbouring countries. Amtrak.Travel Corporation Of India Ltd. PATA. It operates its own Taj Tour and Delhi City Tour and is a G. UFTAA and USTOA. TCI organises customised vacations and package tours to worldwide destinations.
000 travellers annually.50. TCI's strong resources deliver the best in the industry.com. TCI TravelNet offers travel services through toll free numbers and on-line secure bookings on www. TCI s Corporate Travel Management Services include implant operations. foreign exchange. . conferences and incentive tours for multinationals and leading companies in India.Travel Corporation Of India Ltd.tcindia. besides annual awards and recognitions. TCI has a widely distributed network of over 2000 travel agents and tour operators worldwide and service over 2. travel insurance. TCI has won the National Tourism Award for Excellence in the Tourism Industry in Category I every year since 1976. In keeping with worldwide trends.
. Mr. the complementary strengths of both the companies will leave the group well placed to meet any challenges". In view of the increase in inbound tourism that the country is witnessing. which is in line with our objective to establish Thomas Cook India as among the largest players in India. (TCI). Jehangir Katgara. Mr. The all cash deal is worth Rs. Friday December 01. 2006: Thomas Cook (India) Ltd (TCIL).45 crores. 182.During the Merger Mumbai. the country's leading travel solutions company today announced its decision to acquire Travel Corporation (India) Pvt. Udayan Bose. Chairman Thomas Cook India said "The combination of Thomas Cook India and TCI would bring together two very successful and customer focused companies. Ltd. who are committed to providing travelers across India with very best travel products and services". The company proposes to acquire the entire shareholding of TCI. Director TCI said "Mergers and acquisitions are strengthening organizations all over the world and India is no exception. The acquisition is subject to the approval of the hareholders of Thomas Cook India. which post acquisition will be a wholly owned subsidiary of Thomas Cook India. for us to be able to offer two platforms for inbound traffic will be a big advantage in the market". In view of the future of the travel industry. He further added "The TCI acquisition will consolidate our position in the inbound travel segment.
Mr. TCI also has 11 offices abroad and these will now serve the Group as selling and distribution offices for the Group. TCI which will become a wholly owned subsidiary of Thomas Cook India but will continue to operate as a separate legal entity. making it the largest organization in terms of distribution capability. Bose said. LKP Forex and TCI will make this Group one of the largest travel and tour operators in India apart from being the largest in Forex. which will help the process of consolidation.During the Merger Mr. TCI's branches add up to 27. The total platform will have almost 200 branches and outlets. Katgara has accepted the request from Thomas Cook to continue on the Board of TCI. once the merger of the companies (currently pending with the Bombay High Court) is completed. . it will add 88 branches of LKP Forex. HSBC were the Advisor to Thomas Cook India and TCI was advised by Citigroup. The combined businesses of Thomas Cook. With its 68 branches in Thomas Cook.
200 staff and generated revenue of Rs. The company was acquired by Dubai Financial LLC at the beginning of the year. Thomas Cook has been present in India for 125 years and operates a total of 68 offices at various locations in the country and has operations in Sri Lanka & Mauritius. It employs around 1.5 million) in the 2004/05 financial year. 142. .1 crores (US$ 31.
It employs around 1. UK. It operates 27 offices at major tourist destination and cities in India and 11 offices in USA. China and Australia and is one of India's largest tour operators. Europe. .6 million) in the 2005/06.000 staff and reported an income of Rs. Canada. Korea.About TCI Travel Corporation (I) Pvt. Limited is one of India's premier travel and tour organization offering national and international travel and tour services. 40 crore (US$ 8. Japan.
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