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We are looking at a better year, says McLeod Russel CMD Aditya Khaitan
At the company's annual general meeting (AGM) on Monday, Khaitan gave an overview of operations and the future roadmap for the company
McLeod Russel India lenders likely to discuss Carbon Resources proposal
The contours of the proposal are like this: of an outstanding bank debt of Rs 1,650 crore, the upfront payment being offered is Rs 1,245 crore
McLeod promoter to move NCLAT challenging NCLT order on insolvency
The appeal is listed for hearing on August 25
Eveready powers up for life after debt, but the question of control remains
After hefty provisioning for inter-group loans, the Khaitan-managed company says it is back on track. But who will be in control from here on remains an open question
McLeod Russel seeks shareholders' nod on chairman's pay, recovery waiver
The move comes at a time when the company is facing severe financial stress and is approaching the banks for loan restructuring
McLeod Russel's subsidiary to shed stakes in two Rwanda tea companies
Separate memoranda of understanding (MoUs) have been executed with Rwanda Tea Investments for the Rs 140-crore deal (approximate)
McLeod sells 6 more gardens; courting Alibaba, others to sell tea online
The firm is also in talks with Alibaba and other e-commerce companies to launch packet tea on the online platform globally
