DSIJ Mindshare

India’s leading integrated travel services company, Thomas Cook (India) announced on Tuesday that it has partnered with Payback India to offer attractive loyalty benefits to its customers thereby, enabling them to earn and redeem points on every Thomas Cook holiday purchase.

The consolidated net sales reported in Q1FY21 came in at Rs 359.53 crore, which declined by 60.56 per cent YoY from Rs 911.52 crore in Q1FY20. 

Ramco Systems informed the bourses on Tuesday that it has entered into a multi-million dollar agreement with leading utilities and infrastructure group with diversified businesses in Malaysia

On Tuesday, the Sensex and Nifty opened comfortably in green and then slid twice into red zone during the volatile trading session. The Sensex managed to close at 38843.88 levels, up by 44.80 points or 0.12 per cent. Nifty closed at 11472.25 levels, up by 5.80 points or 0.05 per cent. The Mid-Caps and the Small-Caps once again outperformed the markets.

The management of the company mentioned that many of its suppliers invoked force majeure clause (which allows temporary relief from contractual obligations in uncertain & uncontrolled situations such as pandemic).