Thomas Cook rises on launching digital tool FX-Now for foreign exchange services
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Thomas Cook (India) is currently trading at Rs. 61.20, up by 1.00 points or 1.66% from its previous closing of Rs. 60.20 on the BSE.
The scrip opened at Rs. 61.00 and has touched a high and low of Rs. 61.60 and Rs. 60.15 respectively. So far 18992 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 91.35 on 13-Apr-2022 and a 52 week low of Rs. 53.75 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 63.00 and Rs. 56.00 respectively. The current market cap of the company is Rs. 2878.73 crore.
The promoters holding in the company stood at 70.58%, while Institutions and Non-Institutions held 10.29% and 19.14% respectively.
Thomas Cook (India) has launched FX-Now - a pioneering digital tool that empowers its corporate segment with convenient, customizable and contactless end-to-end foreign exchange services. Foreign exchange procedures require careful documentation and approvals - resulting in complex/cumbersome processes. In an initiative to simplify the process, yet maintain necessary checks and balances, Thomas Cook India’s FX-Now ushers in a digitized foreign exchange model that ensures speed, accuracy and seamless services for its on-the-go business travellers.
Benefits of FX-Now for business travellers are simple, swift, convenient and contactless online process, in-built with traveller documentation and KYC for multiple usage, streamlined approval processes saving time and effort, auto recommendation of optimal card to currency mix and smooth coordination with foreign exchange provider.
Benefits of FX-Now for corporate enterprise are incorporates travel policy and approval matrix - customizable per corporate, digital upload of employee master and approval matrix for quick authorization, automation of critical documentation and data storage, simplified online approval process - single or multiple levels and on-the-go, digitized process ensuring accuracy, Comprehensive MIS capabilities and Audit trail.
Thomas Cook (India) is India’s leading integrated travel services company.
