Luxmi Tea and M.K. Shah Exports have made binding bids for a part of McLeod Russel's tea plantations, more or less in line with the seller's expectations
2 min read4 Jun 2018There are lessons to be learnt from the IFC's failure to successfully support the model with its investment in Assam and West Bengal tea plantations
4 min read30 Apr 2018If the only way forward for Amalgamated Plantations is to enter the packet tea business, then it is better to set it free. And since bulk tea is a buyers' market, Tata Global will have no problem in meeting its procurement needs
2 min read16 Jan 2018If Binoy Tamang is able to secure minimum wage for tea workers, he will immediately the support of 300,000 people employed at tea plantations
1 min read20 Nov 2017Amalgamated Plantations is looking to launch its own label to market tea as it struggles to stay afloat as a pure play plantation company
1 min read30 Aug 2017A World Bank probe found that workers had not been given promised benefits by tea producer Amalgamated Plantations
3 min read8 Nov 2016In the tea town of Valparai, rains don't dampen the spirit of adventure
3 min read14 Jul 2016EPFO's Central Provident Fund Commissioner V.P. Joy said the body proposes to launch a system of 'One Employee one EPF Account' on 1 May
1 min read24 Apr 2016Warren promoters reach accord on ownership
3 min read22 Dec 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared