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Thomas Cook India records highest ever profits in FY24

TFW Bureau May 16, 2024 - 1 min read

Travel services provider Thomas Cook (India) Ltd has reported a consolidated net profit of Rs 58.17 crore for the fourth quarter ended March 2024. Reportedly, the company had posted a consolidated net loss of Rs 10.22 crore in the same quarter a year ago, Thomas Cook (India) said in a regulatory filing. Its consolidated total ...

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‘The World,’ Gujarat’s largest all-suite 5-star hotel unveiled by Royal Orchid Hotels

TFW Bureau May 14, 2024 - 1 min read

As per reports, the 288 all-suite hotel offers spacious accommodations for up to 6 guests, ensuringcomfort and convenience.The hotel boasts an array of innovative services and facilities, including large banqueting rooms,sprawling lawns, meeting facilities, and a signature Spa offering extensive wellness and yogaexperiences. Additionally, guests can enjoy an in-house Co-Working space and ...

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ENHANCING TRAVEL EXPERIENCE: ‘INDIA ASSIST’ EXPANDS ITS FRANCHISE MODEL TO J&K

TFW Bureau Apr 29, 2024 - 1 min read

As per reports, India Assist, the pioneer in real-time travel assistance services, has announced the expansion of its franchise model to Jammu and Kashmir, in a bid to enhance traveller experience. India Assist will collaborate with key travel agents across prominent areasto provide seamless and reliable travel assistance to explorers, tourists, and travellers. The franchise ...

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PayU gets RBI’s in-principle nod to operate as payment aggregator

TFW Bureau Apr 24, 2024 - 1 min read

Fintech firm PayU has received an in-principle approval from the Reserve Bank to operate as a payment aggregator, the company said on Wednesday. In January 2023, RBI had returned applications of Prosus Group firm PayU and asked it to resubmit them within 120 days. With in-principle approval in place, PayU can now onboard new ...

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South Indian Bank has entered into a MOU with Ashok Leyland to facilitate dealer financing

TFW Bureau Apr 18, 2024 - 2 min read

L to R: C. Neelakantan, Head-Treasury, Ashok Leyland Limited and Ms. Biji S S, Senior General Manager & Group Business Head, South Indian Bank with signed MOU Under this partnership, the Bank will provide unmatched dealer finance options to the dealers of Ashok Leyland Limited.With this tie-up, South Indian Bank aims to help the dealer ...

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Lemon Tree Hotels announces the appointment of Vilas Pawar as the CEO, Managed & Franchise Business

Beny Sachdeva Apr 03, 2024 - 2 min read

Vilas Pawar has been promoted from CEO, Franchise Business, Lemon Tree Hotels to lead the company as CEO of Managed & Franchise Business in its next phase of growth and development. With his extensive experience in Hospitality industry, Pawar brings a wealth of knowledge and leadership to the role. Pawar lead the franchise division with ...

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Royal Orchid Hotels plans to open 35 new properties, boasting a total of 2,000 rooms, by the end of FY25.

TFW Bureau Apr 02, 2024 - 1 min read

Royal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India, according to its Chairman and Managing Director Chander K Baljee. The company, which operates hospitality properties under the Royal Orchid and Regenta brands, is also looking to expand its ...

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