May 17, 2026
Headlines

Tea Industry

McLeod Russell Finalizes Debt Settlement with JCF ARC to Stabilize Operations

McLeod Russell Finalizes Debt Settlement with JCF ARC to Stabilize Operations

Business News Desk03 mins mins

McLeod Russell India Ltd, one of the world’s largest bulk tea producers, has officially accepted an One-Time Settlement (OTS) proposal from JCF ARC to resolve outstanding debt obligations totaling ₹150 crore. The agreement, finalized this week in Kolkata, stipulates that the settlement amount will be disbursed in structured tranches, with the final payment due by…

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India's Tea Production Stumbles in March Amidst Regional Output Disparities

India’s Tea Production Stumbles in March Amidst Regional Output Disparities

Business News Desk03 mins mins

Production Shifts Across Indian Tea Gardens India’s tea production experienced a marginal decline of 1.5% in March, totaling 66.86 million kilograms, according to the latest data from the Tea Board of India. The contraction stems primarily from North Indian estates, which struggled with adverse climatic and seasonal conditions, while the southern regions of the country…

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