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    • Margins should improve next year: McLeod Russel

      The largest bulk tea company in the world, McLeod Russel reported a marginal increase of 3% in its net profit at Rs 230.31 crore for the second-quarter. Kamal Baheti, CFO, McLeod Russel told CNBC TV-18 the reasons for low production in Q2 and why a further wage hike will not hamper the profits of the company.

    • Mcleod Russel seeking Africa land acquisitions

      Mcleod Russel, the world's biggest tea producer, is seeking to buy land in Africa to develop tea plantations, the Times of London reported on Monday.

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