GOODRICKE GROUP
Article Abstract:
The Goodricke group's plantations are chiefly located in Eastern India with the company operating 12 gardens in Dooars, two gardens in Assam and three gardens in Darjeeling. Group companies operate around 17 gardens in Darjeeling and the north eastern region. Tiru Tea, a subsidiary, operates seven plantations of the total 17. For the second quarter of 1998-99, the company posted 20 percent growth in sales with net profit growing by around 1.5 percent. Goodrick group is the only multinational in the tea sector with the Lawrie Group plc of UK owning 74 percent of the company's paid up equity via its associate companies. The Goodricke Group focuses on premium Darjeeling tea. (tsm)
Comment:
The Goodricke group's plantations are chiefly located in Eastern India with the company operating 12 gardens in Dooars, two gardens in Assam and three gardens in Darjeeling.
Publication Name: Financial Express Investment Week
Subject: Business, international
ISSN: 0015-2005
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
WELCOMGROUP
Article Abstract:
The ITC Hotels (IH) runs its Welcomgroup brand hotel in Baroda having 102 rooms, the Mughal Sheraton having 287 rooms in Agra and the Chola Sheraton having 101 rooms in Madras. IH runs its hotels under licence from ITC Ltd. It pays 10-12 percent of its turnover as licence fee to ITC Ltd. IH also runs hotels under licence from ITC Ltd at Kota, Bikaner, Gwalior and Port Blair. IH is building a 340-room hotel in Mumbai. Its Maurya Sheraton hotel in Delhi is being expanded. It is renovating 8 hotels at a cost of Rs250 million. (gs)
Comment:
Runs its Welcomgroup brand hotel in Baroda having 102 rooms & the Mughal Sheraton having 287 rooms in Agra
Publication Name: Financial Express Investment Week
Subject: Business, international
ISSN: 0015-2005
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: GOODRICKE GROUP LIMITED WEAK BREW FOR ME AND YOU
- Abstracts: IPCA LABORATORIES LIMITED BURROUGHS WELLCOME SALES UP. RECKITT PIRAMAL SETS Rs240 CRORE AS SALES TARGETS
- Abstracts: KG DENIM NET UP 29% MAXWELL TO VENTURE INTO DENIM MARKET RAM RAMBO
- Abstracts: VISION PLAN TO PERK UP POWER SECTOR INKED. KARNATAKA TO SET UP POWER REGULATORY COMMISSION
- Abstracts: BEST FORGOTTEN. RAMA GROUP: DISPARATE DIVERSIFICATION