tea board

 

Tea Board must become 'facilitator' instead of regulator:Chairman

Jun 26 2018

The ComMin has asked IIFT to look into the functioning of the Board and how its mandate can be altered to serve the interests of the stakeholders, Bezboruah told IANS.

Tea production down by 7.21 per cent in April

Jun 12 2018

India's estimated tea production fell by 7.21% to 85.74 mn kg in April 2018 from 92.41 mn kg produced in the year-ago month, according to data from Tea Board of India.

Tea exports rise by 7 percent during April-February FY18

Apr 06 2018

India's tea exports grew by nearly 7% to 221.54 mn kg during Apr-Feb period of FY18 as compared to 207.22 mn kg exported in the corresponding period the previous fiscal.

India's tea exports touch record 240.7 mkgs in 2017

Feb 07 2018

India's tea exports have touched a record high in 36 years at 240.7 million kilograms during calendar 2017, Tea Board data said.

Tea production declines in November 2017, shows data

Jan 02 2018

Tea production in the country suffered a decline in the month of Nov 2017 primarily due to crop loss in north India, according to Tea Board data.

Tea exports see marginal rise in first 10 months of 2017

Dec 27 2017

Exports of tea during the first 10 months of 2017 showed a marginal rise of 6.7 pc over the corresponding period a year ago, according to data released by the Tea Board.

Plan to merge Tea Board with others put on hold: Bezbaruah

Dec 06 2017

Bezbaruah said the government has put on hold the plan to merge all the commodity boards into one.

Tea prices likely to rise further on production decline

Nov 29 2017

Tea prices have started firming up and are likely to rise further on the back of declining production for a variety of reasons, experts say.

Tea Board proposes Rs 100 cr package for Darjeeling gardens

Oct 15 2017

The Tea Board has submitted a Rs 100 crore package proposal to the Centre for the Darjeeling tea industry.

Tea exports rise 4.58 percent in January-July period

Sep 20 2017

In value terms, tea exports increased to Rs 2,363.22 crore during January-July period.

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Global Markets

 

Stocks In News

 

BHARTI AIRTEL

Aircel moves SC to make Airtel clear dues

Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf

Bank guarantees have lapsed and Aircel wants Airtel to pay the money

Alleged that Airtel is trying to usurp the sum

Aircel says without the money it may get liquidated

ET reports

MAX INDIA

Bain joins KKR in race for Max Healthcare stake

PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn

ET reports

NAVNEET EDUCATION

To decide on buy back of shares on Aug. 20

JET AIRWAYS CLARIFIES

Co planning $400 Mn stake sale is speculative in nature

Jet Auditor BSR may quit if issues are not resolved is factually incorrect

Have been pro-actively working on multiple revenue enhancements

Evaluating various funding options to meet liquidity requirements on priority

Relationship with Etihad Airways very strong

No delays in discharging any loan obligations to any of the lenders

Default status in tabular statement only due to technical errors, rectified now

Clarifies that reports of stake sale are purely speculative

Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect

Seeks lenders help in bid to avoid default

Airline wants waiver of loan covenant on existing debt facility of $185mn

Co has to repay or refinance at least $500mn of existing debt to avoid default

Told lenders it won’t be able to meet min $50mn profit condition for FY19

Consortium of lenders yet to decide on Jet’s request

Airline’s total debt was Rs 9430 Cr as on 31st March 18

Mint reports

NSE TO JET AIRWAYS

Have noticed a difference in your responses dated August 9 & 10

Clarify whether mgmt extension from audit committee as per Aug 10 response

Or did Audit Committee not recommend results to board as per Aug 9 response?

In Aug 10 response, details of "Certain Matters Not Closed" not provided

Provide exact reasons for which audit committee has not approved results

Again ask you to give us date when board meet to consider results will be held

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