When London-based Thomas Cook Group UK collapsed under a pile of debt on Monday, investors beat down the shares of an unrelated company thousands of miles away in India, ignoring multiple clarifications that it isn\u2019t in any way related to the UK firm. <\/p>\n
Thomas Cook India resorted to a communication blitz in the past few days to clarify that the collapsed UK firm exited the Indian company seven years ago. <\/p>\n
It’s too early to decide on brand acquisition, says Thomas Cook India <\/p>\n
Even so, the stock fell 1.8 per cent to close at Rs 153.65 on the BSE. The UK firm’s shares slumped 23 per cent on Friday, before it filed for insolvency.<\/p>\n","protected":false},"excerpt":{"rendered":"
When London-based Thomas Cook Group UK collapsed under a pile of debt on Monday, investors beat down the shares of an unrelated company thousands of miles away in India, ignoring multiple clarifications that it isn\u2019t in any way related to the UK firm. Thomas Cook India resorted to a communication blitz in the past few days to clarify that the collapsed UK firm exited the Indian company seven years ago. It’s too early to decide on brand acquisition, says Thomas Cook India Even so, the stock fell 1.8 per cent to close at Rs 153.65 on the BSE. The UK […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-293335","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293335"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293335\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}