India

Karuturi flower farm assets' sale begins
- The Star
- 18 August 2021
3,000 former workers of the once flourishing Naivasha based flower farm have been gien two months notice to move out and pave way for the sale of the staff quarters.
4 foreign funds invested in Adani firms have history of wrong bets: Report
- The Week
- 28 July 2021
Elara India Opportunities Fund, which Indian lawmakers suspect may be linked to Gautami Adani, was the largest foreign shareholder in Karuturi Global Ltd, owning 3.25% of the company in 2018.
Karuturi for sale
- Citizen News
- 26 July 2021
Banks receive nod to auction Karuturi assets in Kenya
End of an era for Karuturi farm as court okays auction of assets
- The Standard
- 22 July 2021
Seven years after the farm was placed under receivership due to debts owed to Kenya Revenue Authority and a local bank, the final nail has been hammered on its coffin. Workers now worry for the Sh300 million they are owed in salary arrears, union dues and savings.
Stanbic to auction Karuturi assets over Sh1.8bn loan
- Business Daily
- 19 July 2021
Stanbic Bank, in Kenya, is now free to auction assets of Karuturi Ltd over a debt of USD 16.6 million after the Supreme Court dismissed an appeal by its shareholders and guarantors.
Karuturi Global - Updates on liquidation
- Moneycontrol
- 27 February 2021
In an order dated January 25, 2021, Honorable NCLT Bengaluru has initiated liquidation proceedings in the matter of Karuturi Global Ltd.
La contractualisation entre des maraîchers des Niayes et Senegindia citée en exemple
- APS
- 05 February 2021
Après avoir accumulé 2 000 ha à Mbane pour la production des pommes de terre, la société Senegindia passe à l'agriculture sous contrat
Karuturi stadium swallowed by the lake
- Kenya Citizen TV
- 15 November 2020
"On the other side is Karuturi flower farms - it has also been taken away"
Two Karuturi directors file suit against receivers over property
- The Standard
- 31 October 2020
Two directors of the bankrupt Karuturi flower farm have moved to court accusing the company’s creditors and receivers of destroying a property they had been using as a wildlife and bird-watching lodge for "high value" visitors
Land conflicts flare across South-East Asia during coronavirus lockdowns
- The Star
- 18 May 2020
The pandemic has opened an opportunity for activities such as illegal logging and land grabs across Asia-Pacific because of less oversight and accountability.
FGV to start direct presence in India’s food, agri-based products market
- Malay Mail
- 08 May 2020
Malaysia's Felda Global Ventures is forming a joint-venture with Hyderabad-based Pre-Unique India to expand its operations in India, including the operation of agricultural plantations.
Commercial farms’ domino effect on banks
- Addis Fortune
- 16 April 2020
The Development Bank of Ethiopia suspending loans for commercial farms because of the failure of numerous farms in Gambella, where the Bank was even tricked into giving two loans for a single agriculture project.