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1.Celebi to invest Rs 468 cr in India

Celebi Holding, Turkey, has chalked out plans to invest Rs 468 crore to develop airports in both metro and non-metro cities in India.

2.BIAL approves 2nd terminal

Bangalore International Airport Ltd (BIAL) has approved the construction of a second terminal that will increase the capacity of Bengaluru airport to 15 mn passengers annually.

3.Gammon Infra to buy stakes in international airport projects

Gammon Infrastructure, an infrastructure project development based in Mumbai, is planning to buy stakes in international airport projects with an investment of Rs 4,000 crore.

4.Marg to develop Bijapur airport

Karnataka Government has signed an MoU with infrastructure development company, Marg, for developing a Greenfield airport at Bijapur worth Rs 200 crore in 24 months.

5.Alstom JV with Bharat Forge

Cabinet Committee on Economic Affairs (CCEA) has approved proposals by Alstom SA and its subsidiaries to establish joint venture companies with Bharat Forge Ltd for manufacturing supercritical and sub-critical power equipment in India.

6.Caterpillar 793D Dumper for Gmmco project

Gmmco a leading supplier of Caterpillar Mining Machines to mining customers in India, recently deployed Caterpillar 793 D Dumper, the largest Dumper with a carrying capacity of 240 tonne at the Gevra Mines of M/s South Eastern Coalfields Ltd.

7.Cement cos to add 50 mn tonne capacity

Domestic cement makers are likely to add 50 mn tonne of manufacturing capacity in 2010, taking India’s installed capacity to 300 mn tonne.

8.UltraTech Cement net dips 18 per cent

UltraTech Cement, a part of the Aditya Birla Group, suffered a hit in its net profit for the quarter ended December 31, 2009, due to its exposure to the southern market.

9.Cement despatches rise

Due to robust demand from the cement consuming sectors, cement industry reckoned new high in despatches in January.

10.Gujarat policy to boost cement capacity

Gujarat Government’s decision to put its mining policy on the fast track will give a boost to eight cement companies that plan to add 22 mn tonne of capacity.