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Which company announced the acquisition of the wholly-owned subsidiaries of Tata Capital Limited, Tata Capital Forex Limited(foreign exchange) and TC Travel and Services Limited (travel services)? 
  • a)
    Thomas Cook India
  • b)
    Expedia
  • c)
    Travelocity India
  • d)
    Top Travels
  • e)
    Ezeego 1
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which company announced the acquisition of the wholly-owned subsidiari...
Answer – 1. Thomas Cook India
Explanation

Thomas Cook India announced the acquisition of the wholly-owned subsidiaries of Tata Capital Limited, Tata Capital Forex Limited(foreign exchange) and TC Travel and Services Limited (travel services). The acquired companies will be hereafter referred as TC Forex Services Ltd. and TC Travel and Services Ltd. Value of the transaction was not shared.
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Which company announced the acquisition of the wholly-owned subsidiaries of Tata Capital Limited, Tata Capital Forex Limited(foreign exchange) and TC Travel and Services Limited (travel services)?a)Thomas Cook Indiab)Expediac)Travelocity Indiad)Top Travelse)Ezeego 1Correct answer is option 'A'. Can you explain this answer?
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