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News Live: Asia stocks shed gains after data shows slower China growth

2017-10-19 moneycontrol
US Secretary of State Rex Tillerson's address  — 'Defining Our Relationship with India for the Next Century' (4-0)

News Live: US welcomes India#39;s rise as a global power, says Tillerson

2017-10-18 moneycontrol
US Secretary of State Rex Tillerson's address  — 'Defining Our Relationship with India for the Next Century' (3-0)

News Live: RBI worried about rise in inflation

2017-10-18 moneycontrol
The BJP has released a list of 68 candidates for Himachal Pradesh Assembly elections. Prem Kumar Dhumal will contest from Sujanpur seat while Pramod Sharma  and Ratan Singh Pal will fight from Shimla Rural and Arki seats, respectively. (4-0)

News Live: BJP releases list of 68 candidates for Himachal Pradesh elections

2017-10-18 moneycontrol
Ajay Piramal-led Piramal Enterprises on Wednesday announced a qualified institutional placement (QIP) to raise up to Rs 4,996.2 crore. Listed companies use QIP to drum up capital by selling shares, fully and partly-convertible debentures and other instruments that can be converted in to stocks to a qualified institutional buyer.  (15-0)

Godfrey Phillips exits tea biz, sells 8 brands to Goodricke for Rs 20 cr

2017-10-18 business-standard
Tea producer Goodricke Group today said it has acquired eight tea brands of Godfrey Phillips India (GPI) for Rs 20 crore as part of its expansion of packaged tea business. Godfrey Philips is one the leading tobacco manufacturers in India. The deal will mark GPI's exit from the packaged tea business. 

News Live: Kamal Haasan apologises for supporting demonetisation in #39;a hurry#39;

2017-10-18 moneycontrol
Easy monetary policy gives euro zone governments a window of opportunity to enact the reforms needed to boost growth once interest rates have to rise, European Central Bank President Mario Draghi said on Wednesday. “ECB research finds no convincing evidence that high interest rates lead to more reforms,” Draghi told Reuters. “In fact, the opposite is more likely to be true: lower rates tend to promote reforms, since they lead to a better macroeconomic environment. (16-0)

Goodricke group acquires tea division of Godfrey Phillips

2017-10-18 moneycontrol
Tea producer Goodricke Group Limited has acquired the tea division of Godfrey Phillips Limited for a realisation of Rs 20 crore with a view to scale up its packet tea business.

Goodricke acquires Godfrey Phillips India’s eight tea brands for Rs20 crore

2017-10-17 livemint
Kolkata: Tea producer Goodricke Group Ltd on Tuesday acquired eight tea brands of Godfrey Phillips India Ltd for a consideration of Rs20 crore.

Goodricke Group acquires Godfrey Phillip's tea business for Rs 20 cr

2017-10-17 business-standard
Aiming to grow its tea retailing business from the current nine million kg (mkg) to 14 mkg in the near term, as well as expand its portfolio, Goodricke Group has entered into an agreement to acquire the brands of Godfrey Phillips India (GPI) for a consideration of Rs 20 crore.

Goodricke Group gained ~8.5% after agreement with Godfrey Phillips

2017-10-17 indiainfoline
Godfrey Phillips entered into an agreement with Goodricke Group Limited for the acquisition of selective brands.

Ethnic unrest leaves world's tea drinkers thirsty for $1,800 Darjeeling brew | Reuters

2017-07-06 reuters
MUMBAI/KOLKATA Ethnic unrest in India's Darjeeling hills has wiped out the harvest of the world's most expensive tea, disrupting supplies to European buyers and potentially pushing prices higher.

Ethnic unrest leaves world's tea drinkers thirsty for $1,800 Darjeeling brew

2017-07-06 in.reuters
MUMBAI/KOLKATA (Reuters) - Ethnic unrest in India's Darjeeling hills has wiped out the harvest of the world's most expensive tea, disrupting supplies to European buyers and potentially pushing prices higher.

GST fears pull down orthodox tea prices

2017-06-20 thehindubusinessline
The recent slump in the average price of orthodox teas at the Calcutta Auction Centre is being blamed on the upcoming GST regime.

Darjeeling strife hits tea industry

2017-06-20 thehindubusinessline
West Bengal Chief Minister Mamata Banerjee’s decision to take the Gorkha Janmukti Morcha (GJM) head on, has cost Darjeeling tea industry dear.

Drop in India, Kenya tea output brews price rises

2017-05-30 themalaymailonline
A worker shows tea dust at a factory in Colombo June 17, 2013. — Reuters picMUMBAI, May 30 — The price of tea is likely to climb further this year after dry weather slashed production of the commodity in key suppliers India and Kenya, while recent deadly flooding could disrupt shipments from Sri Lanka, another key exporter.

Final Results

2017-04-27 londonstockexchange
"2016 saw improved performance from all three of our trading divisions reflecting the increased focus arising from the managerial changes announced last year.  It also saw the decision to withdraw from our investment in Duncan Lawrie and the resultant disposals of the operating units of that business, the full financial impact of which will be recorded over two financial years, with the anticipated profit on the disposal of Duncan Lawrie Asset Management of £19.

Heavy rain helps Assam tea industry clear stocks, but production to decline

2017-04-05 business-standard
Even as tea plantations in Assam face a production drop facing excessive rains, the situation may prove to be a boon for the tea industry, as it will help sell off 24 million kg (mkg) carryover stocks with stable prices. Had there not been any carryover stock, prices could have jumped.

Bhopal: Goodricke Group opens second outlet on Boat Club Road

2017-02-28 freepressjournal.in
BHOPAL: Goodricke Group, a brand synonymous with the finest teas that are heralded the world over, has come up with its second outlet in Bhopal’s own picturesque Boat Club Road.

Stocks in news: GVK, Ujaas, Muthoot Fin, BEML, NALCO, NMDC, HPCL

2017-02-14 moneycontrol
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Stocks in news: SBI, Bharti, ACC, Fin Tech, IVRCL, GSK Pharma

2016-02-11 moneycontrol
SBI | Tata Motors | HUL | Bharti Airtel | Cipla | ACC | Ambuja Cements | Emami | NHPC | Aurobindo Pharma | Visa Steel | Ruchi Soya | Venus Remedies | Financial Technologies | Tata Global | BL Kashyap | Asahi India Glass | IVRCL | Alstom T&D India | GSK Pharma and Capital First are stocks, which are in the news today...

Goodricke Group to hold board meeting

2016-01-22 indiainfoline
On 11 February 2016

Tea sector: Outlook neutral despite optimism for FY17

2016-01-07 business-standard
Although tea prices on the domestic front has begun stabilising and exports price realisations are headed northwards, the industry is concerned about rising input costs - a factor which will echo on the sector's stocks in days ahead.Till September

Tea industry outlook remains neutral despite optimism in sector

2016-01-07 business-standard
Although tea prices on the domestic front has begun stabilising and exports price realisations are headed northwards, the industry is concerned about rising input costs - a factor which will echo on the sector's stocks in days ahead.Till September