Satish Dhall, CEO - Tea Division, Assam Company in an interview with CNBC-TV18 said that he anticipates tea prices to increase from the current levels due to global shortage of tea.
Assam Company has bought a 70% interest in an oil block in Colombia for an undisclosed amount. In an interview Aditya Kumar Jajodia, MD, Assam Company spoke on the acquisition and the company's business plans going ahead.