कोशिश गोल्ड - मुक्त

Makaibari estate owner ups branded play with British buyout

Business Standard

|

July 11, 2025

The acquisition of Brew Tea, a British tea brand, would help Luxmi Group—owner of the iconic Makaibari tea estate in Darjeeling—expand its branded portfolio and strengthen its presence in the international market, the Indian firm said.

- Ishita Ayan Dutt

Luxmi Group announced the acquisition of a majority stake in Brew Tea last week. Founded in Manchester by Phil and Aideen Kirby, Brew Tea Co prides itself on using rolled whole-leaf teas, no dust, no mass-market short-cuts. With a digital-first model, it now reaches about 10,000 homes across the UK.

Phil and Kirby would retain a 20 per cent stake and continue to lead Brew Tea Co as part of the arrangement, while Luxmi would have 80 per cent.

For Luxmi, the Brew Tea deal ticks key boxes in its strategy, mainly focusing on quality and branding.

Brew Tea offers some of the finest Assam, Darjeeling, and African orthodox leaf teas, says Rudra Chatterjee, managing director, Luxmi Group.

“These are among the highest quality teas in the black tea category. The premium pricing reflects this, as whole leaf teas command a premium over CTC and broken leaf varieties,” he said.

Business Standard से और कहानियाँ

Business Standard

Business Standard

Maruti, Hyundai grip wheel in a turning market

Exports, lean costs, and tax cuts keep growth engines humming, but next bend will call for sharper steering

time to read

2 mins

November 03, 2025

Business Standard

Fighting the Raj from America

In the years before World War I, a wave of Indian immigrants arrived in the United States (US) seeking work.

time to read

4 mins

November 03, 2025

Business Standard

Business Standard

Your credit is easier to steal than your money

TRUTH BE TOLD

time to read

3 mins

November 03, 2025

Business Standard

Govt taps IISc to boost critical minerals research

The Ministry of Mines has recogni-sed the Indian Institute of Science (IISc), Bengaluru, as one of the centres of excellence (CoE) under the National Critical Minerals Mission, a ₹16,300-crore initiative to bolster the country’s self-reliance in minerals essential for clean energy, defence and advanced technologies.

time to read

1 min

November 03, 2025

Business Standard

Trump threatens military action against Nigeria over ‘killing of Christians’

President Donald Trump threatened possible US military action against Islamist militants in Nigeria if the country's government doesn't halt the groups' \"killing of Christians\".

time to read

1 min

November 03, 2025

Business Standard

TFCI's growth drivers: Hotels, real estate, MSME solar

The Tourism Finance Corporation of India (TFCI) is seeing strong demand for hospitality and real estate funding and plans to expand into new areas, such as micro, small, and medium enterprise (MSME) solar financing for the tourism sector, said Anoop Bali, managing director and chief executive officer of TCI, in an interview with Harsh Kumar in New Delhi.

time to read

2 mins

November 03, 2025

Business Standard

Saudi Arabia's flyadeal to start India flights in Q1 of 2026: CEO

Bullish on the fast-growing Indian aviation market, Saudi Arabia's no-frills carrier flyadeal will start flights to Indian cities, including Mumbai, from the first quarter of 2026.

time to read

1 min

November 03, 2025

Business Standard

Use passive funds to build stable, diversified, long-term core portfolio

Avoid need to chop and change funds due tounderperformance; supplement with active funds in satellite portion

time to read

3 mins

November 03, 2025

Business Standard

Dubai's kids entertainment brand to debut in India in '26

Kids' luxury entertainment space, Boo Boo Laand, which is present in Dubai Mall, is expected to enter India by 2026, with its first launch in Mumbai's Jio World Plaza, a luxury shopping mall.

time to read

1 min

November 03, 2025

Business Standard

GST cut sees 2W owners upgrade to Maruti small cars

The share of small cars in Maruti Suzuki India has gone up sharply after the GST reforms, with the country’s largest carmaker witnessing a new profile of customers this festival season, who want to upgrade from two-wheelers to their first car buoyed up by the recent tax cuts.

time to read

2 mins

November 03, 2025

Listen

Translate

Share

-
+

Change font size