- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
CRISIL reaffirmed Thomas Cook India's long-term rating at 'AA/Stable' and short-term rating at 'A1+' for its bank facilities, corporate credit, and commercial paper. The reaffirmation is driven by robust support from parent Fairfax and TCIL's strong market leadership in travel and forex. Improved financials, healthy operating margins, strong liquidity (cash/bank balance of Rs 2,346 Cr), and a comfortable capital structure underpin the decision.