McLeod Russel India Limited: World’s Largest Tea Company

[Ed. Note – This article does not meet our new editorial guidelines, nor does the company mentioned meet our investment criteria. It will be removed from the site in the future.]

McLeod Russel India Limited (BSE:532654) is a┬ámidcap (33710 million rupees) India-based company belonging to the Williamson Magor group. It is India’s┬álargest exporter of tea and also the largest tea planter and producer in the world, with tea estates in Assam and West Bengal as well as in Vietnam, Uganda and Rwanda.… Read more

Venus Remedies Secures a Patent for Its Antibiotic From Mexico

[Ed. Note – This article does not meet our new editorial guidelines, nor does the company mentioned meet our investment criteria. It will be removed from the site in the future.]

Venus Remedies (BSE:526953) (NSE:VENUSREM) has secured a patent from Mexico for its new antibiotic product Potentox. The patent has been granted by the Mexican Institute of Industrial property, and it safeguards the composition of Potentox.… Read more

NMDC Enters Into a Strategic Alliance with A Zimbabwean Firm

[Ed. Note – This article does not meet our new editorial guidelines, nor does the company mentioned meet our investment criteria. It will be removed from the site in the future.]

NMDC (NSE:NMDC) has entered into the memorandum of understanding with the MOSI OA TUNYA DEVELOPMENT COMPANY of Zimbabwe. The company is under the administrative authority of Ministry of Tourism and Hospitality Industry, Government of Zimbabwe.… Read more

Just Dial, Gives India Its Biggest IPO for 2013

[Ed. Note – This article does not meet our new editorial guidelines, nor does the company mentioned meet our investment criteria. It will be removed from the site in the future.]

Just Dial Ltd. (NSE:JUSTDIAL) (BSE:535648) that operates the India-specific local business listings site Justdial.com listed its equity shares on the BSE and the NSE on Wednesday, June 5, 2013. The issue price was fixed at Rs 530 per share, but the company decided to offer Rs 47 discount to the retail investors.… Read more

Speciality Restaurants Ltd Appears to be Overpriced

[Ed. Note – This article does not meet our new editorial guidelines, nor does the company mentioned meet our investment criteria. It will be removed from the site in the future.]

Speciality Restaurants Limited (BSE:534425; NSE:SPECIALITY ) is a midcap (market cap Rs 2120 million ) Indian company, in fine dining business with popular multiple brands, and an aggressive growth strategy.… Read more