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HASSAD Food Company, the agricultural investment arm of Qatar's sovereign wealth fund, plans to invest $500m in India after buying Bush Foods Overseas. Nasser Mohammad al-Hajri, chairman of Hassad Food Company, said the investment will be in the production of rice, coffee, cardamom and "ready-made foods". Hassad said on April 3 that it had agreed to buy a majority stake in Bush, which owns basmati rice brands Neesa, Himalayan Crown and Indian Star... Read More

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