Tag Archives: TTS

Nirmala Sitharaman, Finance minister, Government of India, has announced financial support to more than 11,000 registered tourist guides/travel and tourism stakeholders through the loan guarantee scheme for COVID-affected sectors. The scheme will cover 10,700 regional level tourist guides recognised by ministry of tourism and those recognised by state governments. It will also cover travel and tourism stakeholders (TTS) recognised by Ministry of tourism. Loans will be provided with 100 per cent guarantee up to Rs 10 lakh for TTS and Rs 1 lakh for tourist guides licensed at regional or state level. She also said that the first five lakh tourist visas that will be issued – once issuance is restarted – for free. These announcements are part of eight measures declared by the centre as relief for the COVID-hit national economy.

VFS Global has completed the acquisition of visa service provider TT Services (TTS). The transaction enables VFS Global to leverage on core competences and brands and to further enhance operating performance. UK-based TTS is a provider of integrated visa processing solutions with global presence and a comprehensive portfolio of services. The company operates 51 application centres in more than 35 countries and has 216 employees and offers a range of visa services for its client governments, partners and applicants. Zubin Karkaria, CEO of VFS Global Group, says, “TT Services has, like VFS Global, extended industry experience of more than 15 years and is a trusted service delivery partner for its clients. I see a strong fit by TTS joining VFS Global. This will enable us to further enhance and extend our services towards our client governments and visa applicants.” The change of control will have no bearing on the business operations of the parties and act as a catalyst to improved services and enhanced client and customer satisfaction.