Page 23 - Ishita Ayan Dutt

McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn

Subject to the completion of the sale, PBTCL would cease to be a subsidiary of BTHL and a step-down subsidiary of McLeod Russel

JSW Steel well placed to participate in India growth story: Jt MD & CEO

JSW Steel Jt MD & CEO Jayant Acharya, says India's growth story is playing out and the company may reach its goal of 50 mt capacity ahead of the timeline

JSW Steel reports Rs 2,760 crore net profit on the back of higher sales

The Bloomberg consensus estimate for revenue was Rs 42,539.9 crore and net income adjusted Rs 2,418.6 crore. Sequentially, revenue was up 4.93 per cent and net profit 18.04 per cent

Durga Puja's Unesco spark ignites pandal art, business and more

West Bengal's cultural extravaganza sees higher sponsorships, heightened creativity

Number of women in blue-collar jobs increasing across manufacturing sector

As companies move to be more gender inclusive

ITC Q2 results: Net profit up 6% at Rs 4.8K cr, rural green shoots visible

Says public investment strong, consumption demand relatively subdued

Speciality Restaurants to focus on oriental cuisine for expansion

Cloud kitchens, which expanded quickly during the pandemic, will continue to grow

Tea industry in hot water over financial stress and production woes

While tea prices remained stagnant, wages of tea garden workers increased significantly in the past five years

Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits

Combined value of deals reaches $32.9 bn in Q3 CY2023, the highest quarterly total since Q2 CY2022

Strong domestic demand, raw material cost, pushing up steel prices

A major producer attributed the increase in steel prices to the rising cost of raw materials over the past couple of months

Israel-Hamas war: Tea exporters worry conflict spillover to Iran

Tea export volumes to Israel are insignificant. But any repercussions on Iran, one of the top buyers of Indian tea, will impact the industry, exporters apprehend

Crisis brewing in Darjeeling's tea gardens; several owners looking to sell

In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background

Rs 6,907 cr due from GOI to West Bengal under MGNREGS: Amit Mitra

During a press conference, Mitra criticised the govt of India for not releasing the rightful dues to states, thus affecting rural employment opportunities for 25.4 mn job card holders in WB

Manipal Hospitals to add 750 beds in WB, Odisha under east expansion plan

Nationally, Manipal Hospitals boasts a capacity of 9,500 beds

Indian companies prep for EU's CBAM as transitional phase kicks in

Starting from October 1, the carbon border adjustment mechanism (CBAM) will be applicable to exports of cement, iron and steel, aluminium, fertilisers, and hydrogen to the EU

How to brew stronger exports? Tea board and tea producers differ

Anshuman Kanoria, chairman, Indian Tea Exporters Association (ITEA), says that India would be fortunate to touch 200 million kg exports this year

Global warming a problem but can't sacrifice growth, says CEA Nageswaran

Says global economy was going through a period of uncertainty

Eveready Industries India plugs in 'Ultima' to power up premium play

Suvamoy Saha, managing director of Eveready, pointed out that in India, device penetration was low and battery usage traditional

Emami enters into definitive agreement to acquire 26% of Axiom Ayurveda

Axiom has its own manufacturing facility in Ambala, Haryana and is setting up a fully automated new facility in Jammu (Kathua) at a cost of Rs 160 crore

Santiniketan chronicles: Unesco heritage status adorns the idyllic haven

A functioning educational institute, it will have to navigate the challenges the heritage label presents