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BORELLI TEA HOLDINGS
From Tata to tech giants, Indian companies tighten grip on UK economyIndian businesses are significantly expanding their UK presence, with company numbers soaring by nearly 60% and combined revenues exceeding...- McLeod Russel to sell Vietnam tea unit for USD 2.15 millionMcLeod Russel India Ltd., a bulk tea manufacturer, announced that it would sell Phu Ben Tea Company Ltd., its Vietnam subsidiary, for USD 2...
- Stocks in the news: SBI Life, Biocon, L&T, Dr Reddy's Labs and Manpasand BeveragesPower Grid said it has bagged an inter-state power transmission project under a tariff-based competitive bidding.
- Income Tax department defends retrospective tax in McLeod caseThe department says it can tax with retrospective effect & amendments in Finance Bill 12 were clarifications, & not arbitrary.
- McLeod Russel first to challenge India's retrospective tax lawsMcLeod Russel has become the first Indian corp to challenge the govt's widely criticized retrospective amendments to tax laws.
- Tea companies: M&As add to team's growth confidenceAccording to the statistics released by the Tea Board of India, tea prices have almost doubled in the past five years due to a stagnation i...
- Mcleod Russel acquires stake in Gisovu Tea; stk upIt touched a high of Rs 221 and low of Rs 213.50 in trade so far. Around 38,000 shares were traded in the counter.
- Indian companies get into commercial farming in AfricaAnd it’s not just large Indian companies, small and medium enterprises in sectors ranging from spices and tea to chemicals are looking at e...
- Jay Shree close to buying tea estates in AfricaThe BK Birla group-controlled Jay Shree Tea & Industries is close to acquiring tea estates in Uganda and Rwanda.
- McLeod buys Uganda tea co for Rs 118 crThe tea major's UK arm will have to pay an additional $5 mn by way of debt to acquire Rwenzori Tea Investments.
- MRIL completes 100% buyout of Phu Ben TeaMcleod Russel India Ltd (MRIL) on Wednesday completed its 100% buyout of Phu Ben Tea Co of Vietnam for a consideration of $2 million (Rs 10...
- McLeod Russel to acquire Vietnam tea co for Rs 32 crThe Brij Mohan Khaitan group-controlled McLeod Russel India (MRIL), the largest integrated tea conglomerate in the world, on Friday announc...
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