The India Holiday Report 2025 reveals a surge in experiential travel among Indian tourists, fueled by increased disposable incomes and aspirational values. Travellers are prioritizing unique experiences like polar cruises and gastronomy tours, with a willingness to spend more and take longer holidays.
India Business News: MUMBAI: Dalal Street witnessed heightened volatility on Friday, with the sensex closing 880 points, or 1.1% down at 79,454 points as armed conflict be.
Zaggle Prepaid Ocean Services Ltd partners with Thomas Cook India and SOTC Travel to streamline corporate travel and expense management. Their collaboration integrates AI-powered expense tracking with expert travel services, enhancing efficiency, transparency, and automation for businesses.
Thomas Cook India Ltd. and group company SOTC Travel Ltd. have signed a joint-venture agreement with Tourism New Zealand. While announcing the deal on Thursday, Thomas Cook India's statement added that the aim of the venture is to boost demand during winter season—June to August— in the island country.
Stocks including Bharti Airtel, Zomato, ABB India, Paytm, Anant Raj, SBI Cards, GMR Airports, KIMS and Uno Minda more will be in the spotlight on Tuesday, February 14.
Buzzing Stocks Today, Stocks that will see action today: 18 February 2025 - Airtel, Godrej Enterprises, Choice Intl, SBI Cards, Uno Minda, KIMS, Gabriel India, Shakti Pumps, 360 One Asset, Zomato, Religare Enterprises, Thomas Cook, Anant Raj, Karnataka Bank, BEL
Thomas Cook released its Q3 earnings post-market hours on February 3, reporting an 8.87% rise in sales to Rs 2,061.01 crore from Rs 1,893.13 crore in the previous year. However, net profit plunged 39.82% to Rs 49.58 crore from Rs 82.39 crore in Q3 FY24. The sharp decline, despite higher sales, raises concerns over rising costs or shrinking margins impacting profitability.
Madhavan Menon will step down as executive chairman on 1 June to become non-executive chairman of Thomas Cook India. The company reported an 8% increase in operational income but a decrease in net profit to ₹47.2 crore in Q3.
They are optimistic that domestic travellers will flock to places such as Gulmarg, Auli and Pahalgam in the first three months of 2025 thanks to improved connectivity, better infrastructure, and more snow than last year.