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26-Oct2017

Thomas Cook's arm to invest in VCSPL, TSIPL

Thomas Cook India's arm - Quess Corp has received approval for acquisition of Vedang Cellular Services (VCSPL) (70% equity) with an investment of up to Rs 40 crore. It has also received approval for acquisition of Trimax Smart lnfraprojects (TSIPL) (51% equity) with an investment of up to Rs 2 crore.

Thomas Cook (India) (TCIL) 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.



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