Bangalore - October 1, 2009: Mr. Sai Ramakrishna Karuturi, Managing Director of Karuturi Global Ltd is conferred with yet another prestigious award for business excellence in Agribusiness in Africa by CCA, Corporate Council on Africa, for the year 2009.
Mr. Karuturi is receiving the award at the United States - Africa Business Summit Gala Awards Dinner hosted at Walter E Washington Convention Centre, Washington D.C on October 1, 2009.
The Corporate Council on Africa (CCA), established in 1993, is at the forefront of strengthening and facilitating the commercial relationship between the United States and the African continent. CCA works closely with governments, multilateral groups and business organizations to improve the African continent's trade and investment climate, and to raise the profile of Africa in the US business community.
CCA program's are designed to bring together potential business partners and raise Africa's investment profile in the US by developing critical contacts and business relationships and providing a forum for the exchange of information and ideas.
Mr. Karuturi apart from receiving the award, will also be addressing the plenary entitled 'Improving African Agricultural Value-Chain'. Other notable speakers at the plenary include former secretaries of Agriculture Mr. Mike Johanns and Mr. Ed Shaferand. Other top executives such as Mr. Jerry Steiner of Monsanto, Mr. Tony Isherwood of Dunavant and Mr. Martin Greenwood of Buchanan Renewable Energies will be addressing the summit.
Over 2000 key African and U.S Private sector and government representatives from agribusiness, power, finance, health, infrastructure and tourism are taking part in this event which is aimed at promoting the Africa-US trade and Investment relations.
Mr. Karuturi has said that this award will boost the Indian business community's confidence in setting up large scale business interests in Africa and manifests the potential of the African markets for business growth and development for Indian entrepreneurs.
The stock closed the day at Rs.16.25, down by Rs.1.15 or 6.61%. The stock hit an intraday high of Rs.17.50 and low of Rs.16.15.
The total traded quantity was 5332490 compared to 2 week average of 7790169.
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Union Budget