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Luxury Travel Market Size, Share, Trends Analysis, Segmentation & Report 2024-2032

Luxury Travel Market Size, Share, Trends Analysis, Segmentation & Report 2024-2032
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Quess shares fall on allegation of being used by co-promoter Prem-Watsa owned Fairfax Financial to manipulate profit

Prem Watsa, known as the Warren Buffett of Canada, is the founder of Fairfax Financial Holdings. Fairfax has been increasing stakes in Indian companies, prominent among them apart from Quess Corp are Thomas Cook and Bangalore International Airport.

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Global Luxury Travel Market Report 2023-2028: Analysis by Type of Tour, Age Group, Type of Traveller, and Region

/PRNewswire/ -- The "Global Luxury Travel Market Report by Type of Tour, Age Group, Type of Traveller, and Region 2023-2028" report has been added to...

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Fairbridge Capital completes offer for sale of Thomas Cook India shares valued at INR 5.58 Bn

Fairbridge Capital completes offer for sale of Thomas Cook India shares valued at INR 5.58 Bn
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Fairbridge Capital sells 40mn shares of Thomas Cook at INR 5.58 bn; reduces stake

Fairbridge Capital sells 40mn shares of Thomas Cook at INR 5.58 bn; reduces stake
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Share Market Highlights 05 December 2023: Indices hit record highs; Nifty closes abvoe 20,850

Share Market Highlights 05 December 2023: Indices hit record highs; Nifty closes abvoe 20,850
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Share Market Highlights 04 December 2023: Sensex skyrockets nearly 1,400 points, Nifty hits record high on BJP's state election triumph

Share Market Highlights 04 December 2023: Sensex skyrockets nearly 1,400 points, Nifty hits record high on BJP's state election triumph
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Thomas Cook shares rally 4% as promoter Fairbridge Capital completes OFS valued at ₹558 crore

Fairbridge Capital (Mauritius) Ltd continues to be the majority shareholder and promoter of Thomas Cook (India) Ltd and holds 30 crore shares — which is higher than the number of shares it held prior to the funds injected in March 2021 (24.8 crore shares), while increasing the floating stock available to minority shareholders.

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Thomas Cook Promoter Offloads 8.5% Stake Via OFS

Thomas Cook (India) Ltd.'s promoter entity Fairbridge Capital (Mauritius) Ltd. cut 8.5% stake in the company via an offer for sale.

The promoter sold 4 crore equity shares of Thomas Cook, with a face value of Rs 1 each on Nov. 30 and Dec. 1, an exchange filing said.

Post the stake sale, the promoters' stake will be reduced from 72.34% to 63.84%.

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