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TEA WARREN TEA
Tea stocks rally up to 16% as tea prices likely to soar furtherTea stocks soar as prices spike due to heatwave and floods, reaching new highs. India's struggling tea industry could benefit from the surg...- Dhunseri Tea to buy three tea estates of Warren Tea in AssamThe board of DTIL on Monday approved the acquisition proposal, the company said in a stock exchange filing.
- BR Shetty set to buy Assam company for over Rs 700 croreAbu Dhabi-based businessman’s BRS Investment is estimated to have bid more than Rs 700 crore for the company incorporated back in 1839, sig...
- Assam company faces the risk of liquidation on legal inflexibilityThe resolution professional, T Kannan of LSI Resolution, and the committee of creditors seeking to recover Rs. 1,400 crore have refused to ...
- Ashok Kumar Bhargava re-elected as chairman of Indian Tea AssociationAs chairman of Indian Tea Association Ashok Kumar Bhargava will concurrently hold the chairmanship of CCPA, the apex body of Tea Plantation...
- Tea stocks get tastier after production shortageSmall-cap tea stocks flared up on Tuesday in anticipation of an increase in prices due to shortage in production.
- Lower Pakistan sales tax boosts tea exportsPakistan has reduced the rate of sales tax to 5% on the import of black tea from the standard rate of 16% to discourage smuggling.
- Orthodox tea prices fall on Iran payment crisisAverage price of orthodox tea is down by Rs 20 per kg over the last year after orders from Iran dried up due to the payment crisis
- Buy Jay Shree Tea from a medium term perspective: CK Narayan"The chart of Jay Shree Tea is fairly neutral to bullish. It has been into a consolidation for a while."
- J Thomas & Company bets on tea bull runJ Thomas & Company, largest tea auctioneer in the world, is hoping to auction 200 mn kg of tea in the current fiscal. The auction house thi...
- Starbucks in talks to sell Darjeeling teaStarbucks, the world's largest coffeehouse chain, may soon be serving Darjeeling tea in its more than 17,000 outlets across 49 countries.
- Heavy rains & pest attack vex tea producersTea majors such as McLeod Russel India, Goodricke Group, Rossell Tea Warren Tea and Assam Company are worried over crop loss due to heavy s...
- Dry spell takes a toll on global tea productionGlobal tea production is heading towards a shortfall in January-March quarter of 2009 due to prevailing dry spell in major tea producing na...
- Tea stocks sizzle on prices hike; Parry Agro up 7.61%Tea stocks were in the limelight on Friday following reports leading branded tea players like Hindustan Unilever and Tata Tea have increase...
- Govt clears subsidy scheme for tea growersIn a bid to shore up tea exports, the Finance Ministry has cleared a subsidy scheme for orthodox tea producers. Orthodox tea is mainly cons...
- Smooth sail for Indian tea to Pak post new protocolThe tea industry has set a mid-term goal of achieving a 20 million kg of tea exports to Pakistan in two-to-three years.
- Indian Tea majors to visit Pakistan to clinch business dealsA 14 member delegation of Indian Tea majors and merchant exporters led by Tea Board chairman Basudeb Banerjee to visit Pakistan.
- Indian tea firms brew Egypt plan on low import dutyWith Egypt deciding to reduce import duty on Indian tea from 5% to 2%, leading tea companies like McLeod Russel, Apeejay Tea Group, Jay Shr...
- Starbucks looks for cup full of Indian teaStarbucks of the USA has increased its tea-buying activity in India. The Seattle-based coffee company, which lifts some of the finest teas ...
- Tea industry takes the Pak route to boost exportsFor the Indian tea industry, it’s ‘Mission Pakistan’! The objective is to virtually double annual tea exports to Pakistan from the present ...
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