It's too early to decide on brand acquisition, says Thomas Cook India

The company was awaiting clarity from the UK and would weigh all factors before taking any decision on acquisition

When London-based Thomas Cook Group UK collapsed under a pile of debt on Monday, investors beat down the shares of an unrelated company thousands of miles away in India, ignoring multiple clarifications that it isn’t in any way related to the UK firm.
 
Thomas Cook India resorted to a communication blitz in the past few days to clarify that the collapsed UK firm exited the Indian company seven years ago.
 

Even so, the stock fell 1.8 per cent to close at Rs 153.65 on the BSE. The UK firm's shares slumped 23 per cent on