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Chemicals linked to cancer found in Acne creams including Proactiv, Clearasil https://www.livemint.com/science/health/chemicals-linked-to-cancer-found-in-acne-creams-including-proactiv-clearasil-11709731563797.html 
 06 Mar 2024,Acne products from brands including Proactiv, Target Corp.’s Up & Up and Clinique have elevated levels of the carcinogen, an independent testing laboratory said in a petition filed with the US FDA. Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer.

https://www.livemint.com/companies/news/mdh-everest-spice-makers-fall-under-australias-fsanz-radar-after-ban-in-hong-kong-singapore-says-report-11714459774804.html 

Hong Kong recently banned several spice variants manufactured by MDH and one by Everest Food Products. The decision came after authorities of the Centre for Food Safety (CFS) of The Government of the Hong Kong Special Administrative Region reportedly found the presence of the cancer-causing pesticide ethylene oxide in the spice mixes.  https://www.livemint.com/science/health/do-mdh-everest-masala-cause-cancer-why-have-hong-kong-singapore-banned-indian-spices-explained-fish-curry-masala-11713768643460.html 

MDH, an Indian spice king, has strongly denied allegations of pesticide contamination following reports from food safety regulators in Hong Kong and Singapore. The controversy erupted when the Center for Food Safety (CFS) in Hong Kong detected ethylene oxide—a prohibited pesticide—in various pre-packaged spice products from MDH and another Indian brand, Everest.https://www.livemint.com/companies/news/we-do-not-use-ethylene-oxide-mdh-refutes-cancer-causing-pesticide-allegations-by-hong-kong-singapore-11714275991652.html 

India spice maker Everest says products safe after health concerns https://www.hindustantimes.com/lifestyle/health/india-spice-maker-says-products-safe-after-health-concerns-101713943174481.html By Deutsche Welle
Apr 24, 2024 Everest says spices are safe. Everest said in a statement Tuesday that the specific item under examination was safe to consume, according to Reuters news agency, which cited a statement by the company's director. "Exports are cleared only after receiving necessary clearances and approval from the laboratories of the Spice Board of India," Rajiv Shah, the director at Everest Food Products, said.

He added just one item of the 60 products had been held for examination and that it was safe to use and there was no need for concern.

Farmer-owned Sahyadri Farms has raised Rs 310 crore from a group of European investors https://economictimes.indiatimes.com/news/company/corporate-trends/farmer-owned-sahyadri-farms-has-raised-rs-310-crore-from-a-group-of-european-investors/articleshow/94202814.cms?from=mdr  By Jayashree Bhosale
Sep 14, 2022

"Sahyadri Farms is today, servicing over 18,000 farmers, covering more than 31,000 acres and 9 crops. The capital coming from Korys, FMO, Proparco and Incofin is intended to further grow the company. Sahyadri Farms wants to expand its processing capacity for fruits and vegetables-based products, set up a biomass plant to generate electricity from process waste and enhance its infrastructure like packhouses," said the company release.
Rahul Rai, Partner at Incofin India said, "Incofin feels privileged to lead this investor consortium and its partnership with Sahyadri Farms to support its spread as a global role model of a partnership-based approach to farming that results in sustainable financial impact, climate change adaptation and inclusive growth in rural communities while creating a technology-driven, globally competitive business.” Incofin IM is an AIFM licensed fund manager and has over EUR 1 billion in assets under management.

Françoise Lombard, CEO of Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group) said, "Proparco is proud to become a shareholder of Sahyadri Farms, one of the largest players in the Indian fruit and vegetable sector, alongside Incofin, Korys and FMO.

Foreign Investors as Equity Holders in FPCs?

Foreign investment story of Sahyadri FPO is now become the discussion points amongst all of us mainly in the development and FPO sector. Therefore I thought to give some light on it.

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