The unrest in the hills has led to the tea sector losing its entire second flush, and Rs 200 crore of its annual earnings.
In the past, the firm also acquired the Zandu brand which opened up its presence in the balms business
Over 75 per cent of the bank's Rs 175 crore NPA arises from Uttar Pradesh, Madhya Pradesh and Maharashtra.
Out of the 745 gardens in Assam, which accounts for over 55 per cent of total tea production, an alert has been sounded for 88 gardens, while for West Bengal, out of the 377 gardens, 65 have been cautioned.
Unlike global majors like Lindt and Godiva no standalone Indian chocolate boutiques have expanded into a national chain yet. ITC plans to change that with its luxury chocolate brand Fabelle, says Avishek Rakshit.
Ironically, West Bengal, which has been seeking a postponement of the GST roll-out, has fared better among most other states.
Around 2,000 Gorkha Muslims staged a protest march supporting the Gorkha Jamukti Morcha cause.
As the BJP snaps at its heels, can the Communists stay relevant in the electoral game?
10 million out of 51 million small and medium businesses have presence on Google Search
The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax
According to Mitra, items such as foodgrain, vegetables, leather goods, footwear, cottage cheese, puffed and flattened rice, books and entertainment tax, among several others, should be in the zero-tax bracket.
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
The BJP doesn't want to focus entirely on an anti-Mamata campaign.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Reducing dependence on wholesalers will give the company better control over its inventory, besides offering greater visibility to new brands, reports Avishek Rakshit.
However, strong rupee, concerns over production at home may spoil the party
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
Group is planning to reduce its dependence on power generation business by expanding in other areas
With 13 properties on board, The LaLit is now keen to take its hospitality school -- The Lalit Suri Hospitality School -- in Faridabad, Haryana, to the next level.
The world-famous Darjeeling tea is losing its flavour even as it struggles with falling production, says Avishek Rakshit.
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