{"id":303899,"date":"2019-12-03T11:40:47","date_gmt":"2019-12-03T06:10:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303899"},"modified":"2019-12-03T11:48:13","modified_gmt":"2019-12-03T06:18:13","slug":"thomas-cook-india-signs-agreement-with-thomas-cook-uk","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/thomas-cook-india-signs-agreement-with-thomas-cook-uk\/","title":{"rendered":"Thomas Cook India signs agreement with Thomas Cook UK"},"content":{"rendered":"<p>Fairfax&#8217;s Thomas Cook (India) on Tuesday announced that it has signed an agreement with Thomas Cook United Kingdom (UK) to acquire the rights to the Thomas Cook brand in India, Sri Lanka and Mauritius for a one-time payment of approximately Rs 13.9 crore.<\/p>\n<p>The company in a statement said that it signed am agreement with AlixPartners, which is appointed Special Managers, to acquire the rights. <\/p>\n<p>Two months ago, Thomas Cook UK went bankrupt leaving several of their customers in trouble. <\/p>\n<p>TCIL was previously contracted to pay an annual brand licence fee of Rs 2 crore to TCUK until 2024 for usage of the brand.  Thomas Cook (India) Limited has operated the Thomas Cook brand name uninterrupted in India since 1881.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fairfax&#8217;s Thomas Cook (India) on Tuesday announced that it has signed an agreement with Thomas Cook United Kingdom (UK) to acquire the rights to the Thomas Cook brand in India, Sri Lanka and Mauritius for a one-time payment of approximately Rs 13.9 crore. The company in a statement said that it signed am agreement with AlixPartners, which is appointed Special Managers, to acquire the rights. Two months ago, Thomas Cook UK went bankrupt leaving several of their customers in trouble. TCIL was previously contracted to pay an annual brand licence fee of Rs 2 crore to TCUK until 2024 for [&hellip;]<\/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":[130],"tags":[],"class_list":["post-303899","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303899","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=303899"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303899\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}