Thomas Cook (India) Limited , a leading omnichannel travel services company, has achieved significant recognition at the prestigious Adam Smith Awards Asia. The company has been named a Highly Commended Winner in two categories: Best Risk Management Solution and Best Investing Solution.

Prestigious Recognition

The Adam Smith Awards Asia, now in its 12th year, are widely regarded as the industry benchmark for corporate treasury achievement. This year's awards saw a record standard of submissions from across the region, making Thomas Cook India Group's dual commendation even more noteworthy.

Award-Winning Solutions

Best Investing Solution

The award-winning investing solution was developed through a collaborative effort with Bank of America, State Bank of India, and IndusInd Bank. This recognition highlights Thomas Cook India Group's innovative approach to creating impactful investing practices that deliver measurable results.

Best Risk Management Solution

The Risk Management award acknowledges the company's overhaul in risk assessment, management, and monitoring. This new approach has been adopted by the Foreign Exchange Dealing Room Mid office (DMO) and the Treasury Mid Office (TMO), showcasing the company's commitment to robust financial practices.

Leadership Perspective

Mahesh Iyer, Managing Director and Chief Executive Officer of Thomas Cook (India) Limited, expressed his pride in the company's achievements: "These awards are a powerful endorsement of the core principles that drive our financial strategy — disciplined risk management and innovative investing. At Thomas Cook India, these aren't just financial practices, they're enablers of trust, resilience and growth for our stakeholders."

Upcoming Recognition

The awards ceremony is scheduled to take place at a black-tie gala dinner at the Four Seasons Hotel, Singapore, on November 10. As part of the recognition, Thomas Cook India Group's award-winning entries will be featured in an upcoming case study series by the Treasury Today Group, further solidifying the company's position as a leader in corporate treasury practices.

About Thomas Cook India Limited

Thomas Cook (India) Limited, established in 1881, is a leading travel company offering a broad spectrum of services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Value Added Services, and Visa Services. The Thomas Cook India Group spans 28 countries across 5 continents, making it one of the largest travel service provider networks headquartered in the Asia-Pacific region.

This latest recognition at the Adam Smith Awards Asia underscores Thomas Cook India's continued leadership in building innovative, resilient financial practices that support sustainable growth for its stakeholders.

Thomas Cook (India) Limited's wholly owned subsidiary, Sterling Holiday Resorts Limited, has announced the launch of two new properties: Sterling Hibis Vellore in Tamil Nadu and Sterling Darshan Guruvayur in Kerala, strengthening its presence in both states.

Vellore Property

The new 40-key Sterling Hibis Vellore is strategically located on a 5.3-acre estate off Tiruvannamalai Road. It features:

• 36 Classic Rooms and 4 Suites with a villa-style layout
• Orchid Restaurant, showcasing Arcot Nawabi heritage flavors and global cuisines
• Iris Bar, offering signature cocktails and light bites
• A full-service spa and fitness center
• A 2,500 sq. ft. swimming pool with a dedicated kids' section

Event Facilities

The resort caters to various events with its:

• Grand Banquet Hall accommodating up to 150 guests
• Expansive party lawn for up to 600 people

Strategic Location

Sterling Hibis Vellore is well-connected, situated:

• 3 hours from Chennai Airport
• 20 minutes from Vellore Cantt Railway Station
• 30 minutes from Katpadi Junction

Guruvayur Property

Sterling Darshan Guruvayur, the company's second property in the pilgrimage town, features:

• 30 rooms
• Proximity to the Sri Krishna Temple
• Annapoorani Restaurant
• Spiritual experiences
• Kalyan Mandapam venue with capacity for 300 guests for weddings and events

Expansion and Presence

• Sterling now has 9 resorts in Tamil Nadu and 11 in Kerala
• The company operates over 65 properties across 55 destinations in India
• Total operational keys exceed 3,400
• Sterling becomes the national brand with the largest number of keys in Guruvayur
• 10 properties now in pilgrimage destinations

Management Perspective

Vikram Lalvani, MD & CEO of Sterling Holiday Resorts, commented on the expansions:

"Sterling Hibis Vellore embodies our vision of offering urban travellers the best of both worlds—a tranquil resort setting within city limits, tailored equally for leisure and business. From pilgrims and medical visitors to families and corporates, this property is designed to meet every need with warmth and authenticity."

Regarding the Guruvayur property, Lalvani noted that the expansion aligns with increasing spiritual tourism trends.

These launches underscore Sterling Holiday Resorts Limited's commitment to expanding its footprint in key destinations across India, catering to a wide range of travelers and their diverse needs. As part of Fairfax Financial Holdings Limited, the company continues to strengthen its position in the Indian hospitality sector with these strategic expansions.