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WILLIAMSON TEA HOLDINGS
Megha Engg, Nalwa Steel, 15 others keen on McNally BharatMcNally Bharat, an engineering, procurement and construction (EPC) company promoted by the Khaitan family of Williamson Magor Group, was ad...
Two top lenders file petitions against McNally Bharat in NCLTA consortium of banks that include public sector lenders, private sector banks and foreign banks are owed around ₹4,000 crore by the compan...
McLeod Russel lenders meet tomorrowBanks to consider debt resolution optThe group of lenders includes a combination of private and public-sector banks, such as Axis Bank, UCO...
IndusInd Bank sells part of pledged shares of Eveready Industries, McLeod RusselOn Saturday, the bank had said it has acquired equity shares of battery maker Eveready Industries India Ltd and tea producer McLeod Russel ...
Burman family increases holding in Eveready Industries to 9.26%Eveready Industries is part of the Williamson Magor Group, which also owns McLeod Russel and McNally Bharat Engineering.
India 122/5 on opening day after rains wash out final sessionThe rain swept in seconds after the players had left the field for the tea break and, despite the skies clearing, umpires Aleem Dar and Ric...
Duracell wins battle of bunnies for EvereadyPips Energizer in race to buy co’s battery and flashlight business for Rs 1,600-1,700 crore.
Warren Buffett's Duracell, Energizer in race to charge up EvereadySome bulge bracket PE firms like Blackstone, KKR, Kedaara too are expected to put in bids.
BM Khaitan rolls out sale plan for flagship EvereadyKhaitans are reviewing the Rs 1,500-crore business — when sales in the core battery operation is slowing — as part of a group-level rejig t...
Bargain hunters grab stocks of holding companies in recent fallSome stocks rallied between 10% and 20% in the past month against a 1% gain in Sensex.
Eveready Industries & McLeod Russel to jointly manage the groups' packet tea businessWilliamson Magor Group plans to trasnform EIIL's wholly owned subsidiary Greendale India Ltd (GIL) into a 50:50 JV with both EIIL and McLeo...
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Williamson Magor Group patriarch Brij Mohan Khaitan devises asset distribution formula for his groupCollective management of the assets conceived by the 87-year old group patriarch ensures that the family stays together and guides the comp...
- Income Tax department defends retrospective tax in McLeod case
The 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 laws
McLeod Russel has become the first Indian corp to challenge the govt's widely criticized retrospective amendments to tax laws.
- McLeod Russel to buy 72% stake in Moran Tea
The Brij Mohan Khaitan group-controlled McLeod Russel India (MRIL), the largest integrated tea conglomerate in the world, on Friday announc...
- Out of BIFR net, Kilburn wants to keep supply going
Kilburn Engineering, a mid-sized company that makes equipment for the process industry, is at a negotiation stage to tie up with global maj...