Thomas Cook India says it has nothing to do with collapsed Thomas Cook of UK

The collapse of 178-year-old holiday major Thomas Cook in the UK has sent shock waves in India too. The impact, however, is not in terms of holiday plans of desis’ going awry, but on an Indian firm by the same name that was once owned by the British giant. Thomas Cook India Ltd (TCIL) has in past few days been going all out to clarify it has nothing to do with the UK company since 2012 when it was acquired by Canada-based Fairfax Financial Holdings.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News

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