Karuturi faces Stanbic hammer
- Business Daily
- 06 Mar 2018
The auction of Karuturi, one of the largest flower firms in the country, marks yet another dark chapter in the company’s dramatic fall from grace
The auction of Karuturi, one of the largest flower firms in the country, marks yet another dark chapter in the company’s dramatic fall from grace
Park Agrotech, which is part of the Skylark Group, has established a poultry farm, feed mill and a fruits, vegetables and cereals farm on 4,000 acres of land at Lake Volta in the Eastern Region of Ghana.
Indian businessman Sai Ramakrishna Karuturi has been booked for allegedly sexually harassing a 23-year-old woman staffer of a spa centre in Bengaluru and abusing policemen who rushed to her help.
Le Directeur National de l’horticulture a félicité cette société indienne pour les performances agricoles qu’elle a enregistrées dans sa zone d’intervention située à Mbane.
A $5 billion Exim Bank of India fund to support Africa's agriculture development through the "Feed Africa" project seems to fit into the Africa Development Bank's plans to improve the agriculture sector
Karuturi Flower Farm in Naivasha has started negotiations for an out of court settlement with its creditors. The move is expected to kick-start the revival of the flower farm which was put under receivership in 2014.
To censure activism and opponents, Indian corporates have been using legal protection against journalists and campaigners but the debate on this issue has not taken off, possibly because of fear.
Fed up with local officials denying their demand for land, 40 women decided to form a collective and start farming a plot near their village of Pallur, India’s southern state of Tamil Nadu. As of March 2017, about 300,000 women were farming more than 51,000 hectares of land in collectives.
Des associations de la communauté anuak exhortent les gouvernements éthiopien et indien à arrêter leurs négociations avec Karuturi Global Ltd et à faire en sorte que l’entreprise quitte définitivement Gambela et les autres régions d’Éthiopie.
Anuak organisations, with the strong support of international civil society, call on the governments of Ethiopia and India to cease negotiations with Karuturi Global Ltd and to ensure that the company fully exits Gambela and other parts of Ethiopia.
The company plans to spend $300 million over the next five years, mostly on increasing processing and production, as well as expanding into farming in Africa, Kazakhstan and Ukraine, Dhawan said.
Le groupe émirati Phoenix a annoncé, le mardi dernier, un investissement de 205 millions $ dans le développement de ses activités au Mozambique, au Bénin, en Côte d’Ivoire et en Inde
A new wave of land grabs strikes Tanzania
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