Tags: India
Ethiopia Terminates Indian Karuturi Global Agreement, Citing Insufficient Progress
Ethiopia's Agricultural Ministry has terminated its agreement with Indian company's Karuturi Global Ltd. last month on the grounds that the company has not made enough progress as agreed upon. Karuturi has claimed that the government has prevented it from making any further progress and will take legal action to fight the cancellation.
Facebook, Google, Amazon’s entrance to India turns country to an 'E-commerce battleground'
Bank of America Merrill Lynch Wealth Management analysts expects India to be the next e-commerce battleground in 2016 as big tech companies like Facebook, Google, and Amazon are set to conquer the country this year.
China's Baidu is considering investing in Indian's Zomato, BookMyShow, and BigBasket
The top online search engine already had the initial discussions with the three Indian startups. Baidu seeks to expand to India due to growing online population and internet user.
Cotton piles up at warehouses globally
The world stockpiles of cotton are piling up giving less scope for investors on price rise. Cotton prices witnessed first weekly drop since November.




