Are Indian Companies “Land Grabbing” in Africa?
11:42 May 20 2013 from Global Voices Online
...there? Sethi didn't think there was a simple answer to that, and referred to the controversy surrounding Indian company Karuturi Global, which has been heavily criticised for its operations in Ethiopia: Well, I think that a lot of developing countries are...
http://globalvoicesonline.org/2013/05/20/are-indian-companies-land-grabbing-in-africa/
When the levee breaks: Karuturi’s defence
08:04 May 18 2013 from The Hindu
...of land in our concession is a flood plain. There is little data available of past flooding and rainfall,” said Ram Karuturi, Karuturi Global’s Chairman, adding the company was developing a flood-management plan and was growing a large crop of flood-resistant...
http://www.thehindu.com/opinion/lead/when-the-levee-breaks-karuturis-defence/article4727839.ece
When the levee breaks
07:09 May 18 2013 from The Hindu
...modern, food-sufficient Ethiopia, but detractors characterise as an exploitative, neo-colonial land-grab. In January 2008, Karuturi Global was trading at Rs. 39 on the NSE; the company had a flourishing floriculture business headquartered out of Kenya and...
http://www.thehindu.com/opinion/lead/when-the-levee-breaks/article4727827.ece
Karuturi Global divests itself from noncore ISP business
08:06 Apr 22 2013 from Moneycontrol.com
...ISP business with immediate effect. Post your opinion here Like this story, share it with millions of investors on M3 Karuturi Global has divested from the noncore ISP business with immediate effect. Post your opinion here Keep me signed in Copyright © e-Eighteen.com...
Karuturi Global's bond holders agree to restructure FCCBs
11:37 Mar 07 2013 from MyIris.com
...Global received approval from bond holders for restructuring of outstanding FCCBs amounting to USD 39 million through a written resolution. The written resolution involves extension of maturity of the current FCCBs, part redemption of the FCCBs and part refinance...
http://www.myiris.com/newsCentre/storyShow.php?fileR=20130307160734102&dir=2013/03/07&source=rss
Karuturi Global consolidated Dec '12 sales at Rs 167.68 crore
04:41 Feb 15 2013 from Moneycontrol
Karuturi Global has reported a consolidated sales turnover of Rs 167.68 crore and a net profit of Rs 57.16 crore for the quarter ended Dec '12. Other income for the quarter was Rs 1.87 crore.For the quarter ended Dec 2011 the consolidated sales
Indian companies involved in Ethiopia land grab
12:32 Feb 14 2013 from Rediff
...is something in common between Karuturi Global, a pioneer worldwide in production of roses, Emami Biotech, a part of Kolkata-based Emami group, the conglomerate Shapoorji Pallonji, and another eight other Indian companies. According to a recent report by a...
http://www.rediff.com/business/report/indian-companies-involved-in-ethiopia-land-grab/20130214.htm
Lovers will pay tribute with roses, and tulips too
10:40 Feb 13 2013 from Times of India
...at Rs 17 a stem at the auction centre on February 11, which fetched only Rs 8 a few days ago. Sai Ramakrishna S Karuturi, MD, Karuturi Global, said the demand for roses in local markets seems to have increased significantly. This time, with Valentine's Day...
ACG Pampac sells 94.60 lakh shares of Karuturi Global
02:42 Jan 01 2013 from Moneycontrol.com
...share it with millions of investors on M3 On December 31, 2012 ACG Pampac Machines Private Limited sold 9,460,000 shares of Karuturi Global at Rs 2.90 on the NSE. In the previous trading session, the share closed at Rs 3.04, down Rs 0.51, or 14.37%. Post your...
Karuturi trips up on $55 mn FCCB redemption
07:00 Sep 02 2012 from Business Standard
...Karuturi told Business Standard from his farm in Ethiopia. Gets one year extension, hopeful of cash flows stabilising Karuturi Global, a publicly-held flower exporter, has tripped up on paying back $55 million which it had earlier raised through the FCCB route....
http://www.business-standard.com/india/news/karuturi-trips-up55-mn-fccb-redemption/485173/
Headingley, Leeds ,5/24/2013, 15:30 (IST)
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Chennai Super Kings beat Mumbai Indians by 48 runs
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Rajasthan Royals beat Sunrisers Hyderabad by 4 wickets
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