Company Overview and News

 
Warren Tea looks to expand hotel business

11h livemint
Kolkata: Warren Tea Ltd, one of India’s oldest tea producers with seven prized tea estates in Assam, is looking to expand its hospitality business with substantial capital expenditure over the next three years, at a time of uncertainty, when plantation owners are faced with rising costs and contracting margins.

 
NCLT wants Assam Co. bidding norms revised

2018-04-28 livemint
Kolkata: A suitor for Assam Co. India Ltd—the country’s oldest surviving and perhaps most prized tea company (in terms of assets), now going through insolvency resolution—has successfully petitioned the National Company Law Tribunal (NCLT) to dilute eligibility conditions for bids.

 
Tata Global defers plans to sell 41% stake in Amalgamated

2018-02-09 livemint
Faced with political pressure from the Assam government, Tata Global Beverages Ltd has for the time being dropped its plan to sell its 41% stake in Amalgamated Plantations Pvt. Ltd, said key officials.

 
Deals Buzz: Singtel raises stake in Bharti Telecom, invests Rs2,649 crore

2018-02-05 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country.

 
Warren Tea, Dhunseri vie for Assam Co

2018-02-04 livemint
Kolkata: India’s oldest surviving and perhaps the most prized tea company (in terms of its assets) is set to go under the hammer. Even before the information memorandum has been circulated, the 179-year old Assam Co. India Ltd has several suitors: MK Shah Exports Ltd, Warren Tea Ltd and the Dhunseri Group to name a few.

 
Under insolvency process, ACIL may get bids form Dhunseri Tea, Warren Tea

2018-02-04 business-standard
Even as the expression of interest for Assam Company India Ltd (ACIL), which is facing the insolvency resolution process under the National Company Law Tribunal (NCLT), is yet to commence, at least two tea companies have expressed an interest in bidding for the firm. Both of these firms -- Dhunseri Tea & Industries Ltd (DTIL) and Warren Tea -- have been on the lookout for acquiring tea gardens in Assam and may place bids if offered the right valuation.

 
UFO Moviez, Bliss GVS results on Thursday

2017-11-29 thehindubusinessline
Advani Hotels & Resorts, Archies, Ashapura Intimates Fashion, Auro Laboratories, Bliss GVS Pharma, Cerebra Integrated Technologies, CHD Developers, Cravatex, Graviss Hospitality, KCP, Orbit Exports, Pee Cee Cosma Spoe, Rama Phosphates, Sat Industries, Shreyans Industries, UFO Moviez, Warren Tea and West Leisure Resorts will declare their Q2 and H1 results on Thursday.

 
Stressed tea estates in north keen to use land for other crops, real estate

2017-06-05 business-standard
Faced with spiraling cost of production and competition from bought leaf factories (BLF), estate holders in north India are exploring the possibility of converting a part of their plantation land for activities other than growing tea to contain falling profitability.

 
Tea stocks rally on hopes of firm prices

2016-06-09 indiainfoline
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