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Brij Mohan Khaitan
Business  /  Published 22.07.20

Eveready finds white knight in Burmans

The mighty Burmans of Dabur may step in as a white knight to the debtladen Khaitan family in dry cell battery maker Eveready Industries Ltd. The Burmans have already emerged as the single largest sha...
By Sambit Saha in Calcutta

Business  /  Published 28.10.19

Khaitan control wanes

Promoters’ holding in two key manufacturing companies of Williamson Magor Group — Eveready Industries and McLeod Russel India Ltd — witnessed a sharp decline in the first six months of the fisc...
By Sambit Saha in Calcutta

Business  /  Published 26.09.19

Plea to junk Eveready battery unit sale plan

The proposed sale of the battery business hung heavy on the annual general meeting of Eveready Industries India Ltd (EIIL) as minority shareholders pleaded with the management not to go ahead with the...
By Our Special Correspondent in Calcutta

Business  /  Published 09.09.19

Khaitan admits McNally Bharat a misadventure

The bet on the infrastructure business had gone wrong that took a toll on other group firms, the majority shareholders and promoters of Calcutta-based Williamson Magor Group admitted on Monday.The Bri...
By Our Special Correspondent in Calcutta

Business  /  Published 21.07.19

Deloitte drops Magor duo audit jobs

Deloitte Haskins & Sells has resigned as the statutory auditors of McLeod Russel India Ltd & McNally Bharat Engineering Co Ltd, weeks after raising a stink on the annual financial statements o...
By Sambit Saha in Calcutta

Business  /  Published 30.06.19

Auditor finds gaps in McLeod Russel books

The auditor to India’s largest bulk tea producer, McLeod Russel, has raised questions about the company’s ability to continue as a “going concern” unless lenders agree to a financial restructu...
By Sambit Saha in Calcutta

Business  /  Published 31.05.19

Recast key to McNally future

McNally Bharat Engineering Company Ltd, the troubled spot within Brij Mohan Khaitan’s business empire, may go bust unless the lenders to the company agree to a debt recast plan put forward by the co...
By Sambit Saha in Calcutta


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