Archives for October 22, 2012

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Group links Indian government with alleged FDI scam

By RJ Whitehead

According to India’s leading trade representative body, ministers have been making deals with multinational corporations that have led to the government quietly amending the fine-print of its move towards foreign direct investment in multi-brand retail.

Asian krill boom drives krill joint venture

By Shane Starling

Australian, Japanese, South Korean, Taiwanese and other Asian consumers are driving rising demand in omega-3 source krill to levels that have prompted Norwegian krill supplier, Rimfrost, to ink a production-boosting joint venture.

ADM gears up for $2.8bn takeover of GrainCorp

By Kacey Culliney

Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.