Business Standard
Friday, Jun 01, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Thomas Cook India in 7-year deal with DIAL
Press Trust of India / Mumbai Jul 06, 2010, 12:45 IST

Travel services-provider Thomas Cook (India) will be the preferred currency exchanger in the Delhi international airport, under a seven-year revenue sharing contract it has signed with the airport company DIAL.

"We will have nine forex and travel counters in the airport which will not only offer forex services but also all travel and travel-related products to passengers," Thomas Cook (India) Managing Director Madhavan Menon told PTI here.

While the company would have nine counters, Central Bank of India will have two. "So we will enjoy the bulk of the business at the airport," Menon said.

Besides foreign exchange, its counters will also offer services such as air and rail ticket bookings, insurance, domestic and international travel packages and hotel bookings, among others, he said.

A revenue-sharing arrangement has been worked out with DIAL, Menon said, without disclosing more details.

In foreign exchange, the company would convert all possible currencies while travel services, though they may not generate a very high return in the immediate-term, hold an immense potential, he said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets slips to lows of the day
- Car makers post lacklustre May sales
- Mahindra auto May sales up 28%
- Panel set up to implement Dharmadhikari report: Govt
- Audi reports 10% growth in May sales in India
  Read Business news in 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Slowdown gets worse, GDP growth sinks to 9-year low
- Ambani of the Gulf bets big on Indian market
- India Inc ready to shift to other side of the dot on www
- M&M has a Rs 7,500-cr spending plan over three years
- Lines cleared for free nationwide roaming, govt to take final call
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us