Thomas Cook India not affected by British firm’s collapse, confirms company

Delhi: The 187-year-old travel agency Thomas Cook ceased operations on September 22, leaving as many as 22,000 without jobs and almost 1,50,000 tourists stranded.

The tourism giant’s board said on September 23 that it had no choice but take steps to enter into compulsory liquidation with immediate effect. This after their talks on a financial rescue failed. All Thomas Cook bookings have been cancelled, the UK Civil Aviation Authority said in a tweet.

However, Thomas Cook India has stated that it has not been affected. It is an entirely different entity as Fairfax Financial Holdings, a Canada based multinational, had acquired it via a 77% stake in 2012.

In a statement by Madhavan Menon, Chairman and Managing Director of Thomas Cook India, he said, “With the recent developments relating to the iconic British Travel Company, Thomas Cook PLC, it is imperative to highlight that Thomas Cook India Group is a completely different entity. It has been since August 2012, when the company was acquired by Fairfax Financial Holdings (Fairfax).”

Bhartendhu Sharma

A journalist by profession who has been into reporting from four years. Bhartendu Sharma has worked across all the three mediums -- Online, Print and Television. Previously, he has worked with PageScoop media (a Delhi-based website). Later, Bhartendu moved to Deccan Chronicle, Hyderabad, where he covered many national and International sports tournament. While at DC, he also went to Singapore to cover UFC bout.

Apart from that, he has covered Lok Sabha 2019 elections in Delhi, Uttar Pradesh and West Bengal while working for Tiranga TV. He has also reported on prominent cases of crime & courts during his stint with the TV channel which featured top journalists like Karan Thapar, Barkha Dutt.

Bhartendu loves traveling and capture world in his lens. In the past, he has also made few documentaries related to human interest.

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