A man removes five and ten pound sterling banknotes from a wallet in this arranged photograph. (Photographer: Chris Ratcliffe/Bloomberg)

Forex Business To Remain Thomas Cook’s Priority

The Indian tourism industry has seen a big spurt in the past couple of months with an increased number of inbound and outbound travellers. And this opens up more business opportunity for travel and financial services company Thomas Cook.

The foreign exchange business, which contributes the most to the company’s revenue, will remain the primary focus area as the company eyes a 10-12 percent growth per annum, Madhavan Menon, chairman and managing director of Thomas Cook told BloombergQuint in an interview.