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
More than 100 villagers from communities affected by land grabbing in Koh Kong’s Sre Ambel district demonstrated outside a factory owned by Koh Kong Sugar Industry Co. Ltd.
Harvard bet the farm in Brazil and lost. The university, which invested at least $150 million in a mega farm project in country's northeast, is now exiting, according to people familiar with the matter.
Abu Dhabi-based Jenaan Investment has a new joint venture with the government of Sudan to farm 10,000 ha there to produce fodder for livestock in the UAE.
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.
The president of the African Development Bank says that this year it will launch the Africa Investment Forum as a transactional platform to leverage global pension funds and other institutional investors to invest in African agriculture
Since 2000, governments, financial investors, and corporations have been involved in land deals covering over 38.9 million ha of land in developing countries, with many of these constituting illegal “land grabs” in violation of international law.
China started to buy aggressively agriculture land abroad and already directed interest to the French wheat. In France, the authorities learned lately about the acquisition of 1,700 hectares of cereal crops in central France thanks to clever attorney’s tricks.
Over the past four years Hu Keqin, owner of the Reward Group, has quietly snapped up 3,000 hectares of wheat fields in the central Indre and Allier regions of France.
A Chinese tycoon's purchase of vast wheat fields in France highlights China's increasing acquisition of foreign farmland as the Asian giant seeks to keep up with its massive population's growing appetite.
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.
Groups once again publicly denounce the alarming increase in violence and violations of rights of the communities in the Cerrado in Piauí, part of the region where the federal government is implementing its Matopiba Agricultural Development Plan