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Caveat
on trade in tea futures:
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The
Multi Commodity Exchange (MCX) is set to complete the feasibility
study on the Rs.3,000-crore tea industry on its prospects
in futures trade in the next three to four months to pave
way for trade on the bourses...More
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Tea
Board to discard IBM software for e-auction:
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As
part of the complaints about the software from the auctioneers
alleging it to be faulty Tea Board officials replaced the
software developed by IBM for electronic auction. …More
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Rain
brightens prospects for Nilgiris tea:
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Continuous
rains in Nilgiris have helped the bushes to develop healthy
`two leaves and a bud' structure which the planters cherish
the most. More
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100
crore sought for tea research
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The
Tea Research Association (TRA) has urged the Union Commerce
Ministry to set aside a corpus of at least Rs.100 crore for
research activities on tea to ensure the production of quality
tea.Also the TRA has decided to organize a two-day engineering
and manufacturing symposium on November 10 and 11, 2006 to
concentrate on the quality of tea....More
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Over
12 lakh kg of tea on offer at Coonoor
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The
second largest volume for 2006,12.2 lakh kg tea has been offered
for sale at Coonoor. Types of tea selling from here are leaf
grade teas, orthodox tea and dust grade teas.…More
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Mr.
Siganporia reelected as ITA Chairman
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The
top team of Indian Tea Association (ITA) has remained unchanged.
Mr. P.T. Siganporia, Managing Director of Tata Tea to continue
as ITA Chairman along with Mr. Aditya Khaitan, Managing Director
of McLeod Russel India Ltd. Kolkata, 25 October 2006. Read
more….More
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Retail
price of packet tea to move up
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:Retail
price of packet tea to move up due to the rise in transport
cost and tax to Rs.8 per kg in Mumbai...More
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Indian
tea fails to make most of Kenyan drought
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The
Indian tea is now facing tight competition with Sri Lanka
in exporting due to the high cost of production. The drought
in Kenya is also not becoming a boon to Indian tea industries…….More
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India's
tea exports to Egypt rise after duty cut
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The
district magistrates of Darjeeling and Jalpaiguri have been
asked to find out the reasons behind the several recent closures
tea planters and industry. While some plantations have closed
down due to worker unrest, others have locked out or have
been abandoned by the management on economic grounds. At least
13 tea estates have closed down in the Terai and Dooars regions
in the past 2 months…More
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