Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.
The Economic Times
Stock Analysis, IPO, Mutual Funds, Bonds & More
Thomas Cook refutes allegations of a forex enquiry

"Thomas Cook (India) is an authorised foreign exchange dealer (under the RBI AD II licence) and is hence strictly compliant with the rules of the Reserve Bank of India and the laws of the land," it added.

Travelling abroad? Don't forget your passport and etiquette

Should you split a bill in Beijing? Should you give a tip in Tokyo? Should you say Merry Christmas in Maryland? As Indians increasingly travel abroad — to both East and West, for business and pleasure — they have to navigate a minefield of manners and be mindful of local customs. India Inc tells you what to do and lets you in on its own learnings.Thou Shalt Not Order One-by-Two Soup: Shiladitya Mukhopadhyaya knows the old Indian soup trick: order a bowl and say 1 by 2, that charmed code word for the server to divide one portion for two people. The 35-year-old sales director at mobile marketing platform Clever-Tap knows that is par for the course in India where dishes are shared in a spirit of casual camaraderie and congenital thrift.Last month, he was introduced to a set of Swedish rules while he was out at a restaurant with his friends in Stockholm. “We got seven bills for our table,” he recalls. The server asked each one of them what they had ordered and issued separate bills.In countries like China, Japan and South Korea, however, the most senior or the richest person at the table often picks up the tab. Sometimes it is even considered impolite to offer to pay in the presence of a senior person.What to Do: Get a sense of the restaurant etiquette of a country before you traipse along for dinner. Have a split pea soup but do not split the pea soup.

Cox & Kings to take steps to fix temporary cash flow mismatch; to approach lenders

In a regulatory filing, Cox & Kings said: "The company is taking all required measures to resolve the temporary cash flow mismatch."

Foreign tourist arrivals rise 5 per cent to 1.05 crore in 2018: Report

The foreign exchange earnings through them also went up 9.6 per cent to Rs 1.94 lakh crore last year.

Cox & Kings defaults on payments of Rs 150 crore

The company was required to pay Rs 200 crore, however Cox & Kings was able to pay only Rs 50 crore.

Travel & tourism industry eyes easing of tax burden in Budget 2019

Travel company Cox & Kings Group CEO Peter Kerkar urged the government to speed up tourism projects in destinations that have the carrying capacity to absorb tourists in large numbers.

Sporting bonanzas abroad attracting more Indians now

About 15 lakh people were expected to visit Russia around the World Cup last year with Indians accounting for more than 20% of the number.

India to generate over 2 million outbound tourists annually by 2020: Report

According to figures published ahead of the 7th Annual MICE India and Luxury Travel Congress (MILT), the tourism market is expected to reach USD 9 billion by 2025.

Short-haul destinations turn hot this summer season

Travel to destinations like Thailand, Malaysia, Mauritius, Cambodia and the Maldives is picking up with the airlines of some of these countries also enticing travellers with attractive offers.

Travelling abroad? 7 ways you could get robbed of your money

By Shipra SinghIt was the perfect spring break in Tanzania for Delhi-based professional Priya Nanda. That is till she was duped out of Rs 9,000 by a smooth-talking scammer. This was in 2010. Since then, thousands of people travelling abroad on work or pleasure have been robbed of their money and valuables by frauds who only seem to have become more innovative with time.Nanda was cheated as she looked for a money changer. A tourist suggested a commission-free place he claimed to have used himself. He introduced her to a “cashier”, who handed her a wad of notes in exchange for dollars. “He counted the money really fast and counted twice. Since the pile was big and I wasn’t familiar with the local currency, I left without recounting it,” says Nanda. What she got was actually half the amount she should have. While you can be cheated anywhere, the chances are more in some countries. “The most notorious destinations are those with a high footfall like Thailand, Singapore and Europe,” says Sharat Dhall, COO (B2C), Yatra.So how do you protect yourself? To start with, carry a photocopy of your passport instead of the original when stepping out. Don’t hand your card to strangers at ATMs and acquaint yourself with the place before the trip starts. This will save you from the most common frauds. Remember, no insurance policy will cover travel scams.

Travellers headed toward Europe are facing a shortage of euros

Travellers headed toward Europe are facing a shortage of euros

According to Cox & Kings, about five lakh Indians travel to Europe between April and July – the peak summer holiday season at home.

Sterling Holidays appoints Ramesh Ramanathan as CMD

Sterling Holidays appoints Ramesh Ramanathan as CMD

Currently, Ramesh Ramanathan is the managing director of the company, and will now lead the company as Chairman and Managing Director (CMD).

Cox & Kings owned Meininger Hotels signs pact to open fourth property in France

Cox & Kings owned Meininger Hotels signs pact to open fourth property in France

"Meininger's number of prospective beds in France grows to over 2,600," Cox & Kings said in a statement.

Cox & Kings ties up with RCI in India

Cox & Kings has over 170 offices across India The company it also has a 24X7 call centre to facilitate all the RCI inquiries. sees opportunity in India, will invest more: CEO sees opportunity in India, will invest more: CEO

Tans, who rides a bike to work everyday, spoke about Oyo’s overseas expansion and its business model, hospitality industry and the OTAs and overtaking Airbnb in homestay business.

Load More...

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service