Care ratings on 1st July 2019 has assigned new ratings to C and K as above.
Can any one explain why one CP is rated D and another A4? Bank facility also downgraded to only BB Stable inspite of default in CP payments?
Their website is unable to book anything, this company is frozen
No tweet since 20 June, looks like this bird is never going to fly, again!
https://twitter.com/coxandkingsIN
R.I.P. / Ram-naam-satya-hai, it was a long 300 year innings, Abki baar … bas aur nahin!
Employees have also not been paid for three months.
On Monday, it asked hundreds of staff to leave, sparking protests at its Mumbai office. Now, even customers are facing the music for its financial crisis.
Suspected Fraud Detected in Cox and Kings
Cox & King
More revelation
Loan received from Bank was diverted to a firm run by Company’s senior employee including internal auditor
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The Enforcement Directorate (ED) is carrying out searches at various locations of travel firm Cox & Kings in Mumbai in connection with the Yes Bank money laundering case. The raids, started this morning, are aimed at finding proof of dealings between Yes Bank co-founder Rana Kapoor and Cox & Kings, sources said.