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    • Eveready Batteries' Chairman, MD resign post open offer from Burman group

      Eveready Batteries' Chairman, MD resign post open offer from Burman group

      The Burman group, through various entities had on Monday made a Rs 604.76-crore open offer to acquire around 1.89 crore shares of Eveready Industries, representing 26 per cent of the expanded voting share capital, at a price of Rs 320 per share, payable in cash.

    • Eveready to restructure tea biz, open for FMCG tie-up

      Eveready to restructure tea biz, open for FMCG tie-up

      The company was struggling with packet tea since long despite it leverages Williamson Magor group company McLeod Russel's strength, a major bulk tea player.

    • See high volumes in FY14, eye profits ahead: McLeod Russel

      See high volumes in FY14, eye profits ahead: McLeod Russel

      McLeod Russel's net profit grew by 5 percent to Rs 123.1 crore in the third quarter of FY13 from Rs 117.1 crore in a year ago period. Aditya Khaitan, MD of Mcleod Russel said staggered shipments led to weak Q3 performance. He expects to maintain profitability going forward.

    • Expect stronger sales figures in FY13, says Mcleod Russel

      Expect stronger sales figures in FY13, says Mcleod Russel

      In an interview with CNBC-TV18, Aditya Khaitan, MD, Mcleod Russel said that the crop loss has resulted in an increased price of tea. However, going into FY13, the company has a positive outlook and expects to increase sales on the back of rising demand.

    • Surge in crop during quality months helpful: McLeod Russel

      Surge in crop during quality months helpful: McLeod Russel

      Managing director of McLeod Russel Aditya Khaitan tells CNBC-TV18 that the surge in crop during the early months of the year helped raise their cumulative numbers for the past nine months.

    • Will cross Rs 1400cr in revenue this yr: McLeod Russel

      Will cross Rs 1400cr in revenue this yr: McLeod Russel

      In an interview with CNBC-TV18, Aditya Khaitan, the managing director of McLeod Russel talks about the latest happenings in his company and sector. He also outlines the company’s growth strategy for the rest of the year.

    • Expecting 8% increase in tea output in FY12: McLeod Russel

      Expecting 8% increase in tea output in FY12: McLeod Russel

      Aditya Khaitan, Managing Director, McLeod Russel tells CNBC-TV 18 that he expects the price of quality tea to go up by approximately 10-12%, and other types of tea by 5-7%.

    • McLeod Russel sees steady tea output from India ops in FY12

      McLeod Russel sees steady tea output from India ops in FY12

      McLeod Russel India, the world's largest tea producer, is hoping its output in India will remain steady and prices bouyant this fiscal, on the back of robust local and overseas demand, a top official said on Friday.

    • Indian tea prices to increase by 5-7% this year: McLeod

      Indian tea prices to increase by 5-7% this year: McLeod

      Speaking to CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, Aditya Khaitan, MD of McLeod Russel said he expects tea prices to firm up ahead. "India is running on inventory levels right now," he informs.

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