tea producer

Novel project uses papyrus to protect Kenyan lake


September 21st, 2012 - 1:14 pm ICT by IANS
London, Sep 21 (IANS) A novel project comprising floating islands of recycled plastic bottles and papyrus plants will help protect the ecosystems of Naivasha, a renowned lake in Rift Valley, ... Read more...

Posted in Uncategorized |

India’s tea production dips 11.4 percent Jan-May


July 14th, 2012 - 12:19 am ICT by IANS
Kolkata, July 13 (IANS) India's total tea production January-May 2012 stood at 215.82 million kgs, which is 11.41 percent less than the same period last year.Total tea production of the ... Read more...

Posted in Business |

Rs.1.25 crore prize money year-ending PGTI Championship at RCGC


April 12th, 2012 - 11:51 pm ICT by IANS
Kolkata, April 12 (IANS) The Rs 1.25 crore prize money Mcleod Russel Tour Championship - the country's highest prize purse golf event - will be played at the age-old Royal ... Read more...

Posted in Sports |

Indian tea makers fear lacklustre exports


March 28th, 2012 - 2:39 pm ICT by IANS
Kolkata, March 28 (IANS) Indian tea exporters see little chance of a rise in the export of the brew in 2012 compared to last year, with the continuing Iran payment ... Read more...

Posted in Business |

Tea firm McLeod Russel’s net profit dips 13 percent


January 31st, 2012 - 12:31 am ICT by IANS
Kolkata, Jan 30 (IANS) McLeod Russel India Ltd., the world's largest tea producer, Monday reported a 13 percent dip in its standalone net profit at Rs.1.17 billion in the quarter ... Read more...

Posted in Business |

Gulf turmoil hit Indian tea exports


November 13th, 2011 - 2:09 pm ICT by IANS
Kolkata, Nov 13 (IANS) Political turmoil in the Middle East and confusion over the mode of payment for imports by Iran have taken a toll on India's tea exports, which ... Read more...

Posted in Business |

Mcleod Russel’s Q1 net profit Rs 37.33 crore


July 29th, 2011 - 9:35 pm ICT by IANS
Kolkata, July 29 (IANS) At Rs.37.33 crore, Mcleod Russel India Ltd, the world's largest tea producer, Friday announced a near 100 percent jump in net profit for the first quarter ... Read more...

Posted in Business |

Bengal industry disagrees with land panel’s recommendation


June 18th, 2011 - 11:45 am ICT by IANS
Kolkata, June 18 (IANS) West Bengal's industry has strongly opposed the recommendations of an expert committee that government will have no role to play in land acquisition ... Read more...

Posted in Business |

McLeod Russel’s 2010-11 net profit up 7 percent


May 30th, 2011 - 10:32 pm ICT by IANS
Kolkata, May 30 (IANS) The world's largest tea producer, McLeod Russel India Limited Monday announced that it has posted a consolidated net profit of Rs.246.47 crore last fiscal (2010-11) compared ... Read more...

Posted in Business |

Tea firm McLeod Russel to invest $6 mn in Africa


May 30th, 2011 - 10:18 pm ICT by IANS
Kolkata, May 30 (IANS) World's largest tea producer, McLeod Russel India Limited will be investing $2 million this fiscal in Uganda to upgrade its factories and $4 million in Rwanda ... Read more...

Posted in Uncategorized |

Ban on exports of tea leaves to impact tea industry in Darjeeling


February 27th, 2011 - 5:45 pm ICT by ANI
Darjeeling/Siliguri, Feb 27 (ANI): The announcement of a ban on the exports of tea leaves by the regional Gorkha Janmukti Morcha (GJM) in West Bengal will hit the world famous tea industry ... Read more...

Posted in National |

Mcleod Russel’s net dips by 2 percent in Q3


January 31st, 2011 - 11:43 pm ICT by IANS
Kolkata, Jan 31 (IANS) World's largest tea producer Mcleod Russel India Limited Monday reported a two percent dip in its net profit (standalone) to Rs.135.31 crore for the quarter ended Dec 31, ... Read more...

Posted in Business |

‘Santa Claus’ with gifts robs office in Papua New Guinea


December 1st, 2010 - 5:31 pm ICT by ANI
Melbourne, Dec 1 (ANI): Two men, one dressed as Santa Claus and the other carrying a box supposedly full of presents from a local coffee and tea producer, robbed an unsuspecting office ... Read more...

Posted in World |

Indian tea prices firming up, exports up, production down


September 9th, 2010 - 1:37 pm ICT by IANS
By Syed Zarir Hussain Guwahati, Sep 9 (IANS) The beleaguered Indian tea industry is on a comeback trail with exports increasing and prices firming up in the weekly auctions despite adverse climatic conditions ... Read more...

Posted in Business |

McLeod Russel sees Rs.150 a kg price realisation


August 2nd, 2010 - 5:42 pm ICT by IANS
Kolkata, Aug 2 (IANS) The world's largest tea producer McLeod Russel India sees average price realisation of tea in the current fiscal (2010-11) to be at Rs.150 per kg, up from Rs.137 ... Read more...

Posted in Business |

McLeod Russel plans blending unit in Dubai


August 2nd, 2010 - 4:59 pm ICT by IANS
Kolkata, Aug 2 (IANS) The world's largest tea producer, McLeod Russel India, plans to set up a tea blending unit in Dubai to offer a new range of products to its customers, ... Read more...

Posted in Business |

McLeod expects biofuel project to bear fruit in a year


May 31st, 2010 - 10:31 pm ICT by IANS
Kolkata, May 31 (IANS) The world's largest tea producer McLeod Russel India Limited expects its investment in D1 Williamson Magor Biofuel Ltd to start bearing fruit within the next one year when ... Read more...

Posted in Business |

McLeod acquires six tea gardens in Uganda


December 23rd, 2009 - 8:58 pm ICT by IANS
Kolkata, Dec 23 (IANS) The world's largest tea producer, the city-based McLeod Russel, Wednesday said it was close to acquiring six gardens in Uganda. "We expect to hike production at these gardens to ... Read more...

Posted in Business |

McLeod Russel expects tea price to go up


October 27th, 2009 - 9:31 pm ICT by IANS
Kolkata, Oct 27 (IANS) The world's largest tea producer McLeod Russel India expects the average tea price to go up this fiscal to Rs.135 a kilogram against Rs.110 last year, the company ... Read more...

Posted in Business |

Harrisons Malayalam opens new tea factory in Kerala


September 12th, 2009 - 5:02 pm ICT by IANS
Wayanad (Kerala), Sep 12 (IANS) Tea producer Harrisons Malayalam Ltd (HML) Saturday opened a new tea processing facility at its existing unit in Chundale here. With the new plant, set ... Read more...

Posted in Business |

McLeod Russel’s unit acquires 75 percent stake in US firm


August 25th, 2009 - 4:19 pm ICT by IANS
Kolkata, Aug 25 (IANS) Borelli Tea Holdings Ltd, the Britain-based subsidiary of Indian tea producer McLeod Russel, has acquired 75 percent equity stake in Olyana Holdings LLC of the US for $2.75 ... Read more...

Posted in Business |

McLeod Russel eyeing tea plantations in Africa (Lead)


July 28th, 2009 - 7:43 pm ICT by IANS
Kolkata, July 28 (IANS) The world's largest tea producer, McLeod Russel India is eyeing plantations in Africa, a top company official said here Tuesday. "Logically, I would love to go to Africa because ... Read more...

Posted in Business |

McLeod Russel eyeing plantations in Africa


July 28th, 2009 - 6:19 pm ICT by IANS
Kolkata, July 28 (IANS) The world's largest tea producer McLeod Russel India is eyeing plantations in Africa, a top company official said here Tuesday. "Logically, I would love to go to Africa because ... Read more...

Posted in Business |

Assam tea industry battles slowdown


March 7th, 2009 - 8:20 pm ICT by ANI
By Apem Guwahati, Mar 7 (ANI): Unfavorable weather conditions for tea plantations coupled with global slowdown have badly affected tea exports of Assam. Statistics say that India, the second-largest tea producer in ... Read more...

Posted in National |

2008 was good for Indian tea, with exports rising


December 31st, 2008 - 11:11 am ICT by IANS
Guwahati, Dec 31 (IANS) The beleaguered Indian tea industry is on a comeback trail after nearly a decade-long recession with exports increasing and prices firming up in the weekly auctions, officials here ... Read more...

Posted in Business |

India tea exports rise, prices firm up at auctions


September 29th, 2008 - 5:39 pm ICT by IANS
Guwahati, Sep 29 (IANS) The beleaguered Indian tea industry is on a comeback trail with exports increasing and prices firming up in the weekly auctions despite competition from several countries producing cheap ... Read more...

Posted in Business |

Chocolate, tea combination for exquisite gastronomic experience


September 11th, 2008 - 3:22 pm ICT by IANS
New Delhi, Sep 11 (IANS) Indian food lovers can look forward to enjoying a sinful combination of chocolate and exquisite tea with the coming together of a tea producer and a speciality ... Read more...

Posted in Uncategorized |

McLeod Russel hopes to become debt-free in three years


July 29th, 2008 - 8:24 pm ICT by IANS
Kolkata, July 29 (IANS) Bulk tea producer McLeod Russel India hopes to become a debt-free company in two to three years, a top company official said here Tuesday. "We have a total ... Read more...

Posted in Business |

Corporate tea estates in Sri Lanka are withering


March 5th, 2008 - 12:47 pm ICT by admin
By P.K. Balachandran Colombo, March 5 (IANS) Sri Lanka exported $1.3 billion worth of tea in 2007, the highest in the 141-year history of the crop in the island country. This has brought ... Read more...

Posted in South Asia |

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