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1.Sesa Sterlite to invest $782 mn in Africa

Sesa Sterlite has approved the development of Gamsberg-Skorpion Integrated Zinc project in South Africa and Namibia for $782 mn, to be invested over a three-year period.


2.Case New Holland starts equipment exports

Case New Holland has started exporting construction equipment such as backhoe loaders and vibratory compactors that is manufactured at its Indian facility.


3.OVL plans projects in Africa

ONGC Videsh Ltd (OVL), is focusing on various African countries such as Sudan, Congo, Nigeria, Libya, Ghana, Angola, Egypt and Uganda for acquisitions of oil and gas assets.


4.Setco to set up facility in Africa

Auto component maker Setco Automotive plans to invest Rs 100 crore over the next two years for setting up a new plant for clutch units in Africa and for market development.


5.S Africa’s News Cafe ventures into India

South African premium cocktail-bar chain News Cafe plans to invest up to Rs 100 crore to open 20 outlets over the next five years to expand operations in India.


6.A major focus has been on building new capacities towards long-term growth

An industrial powerhouse with a dominant presence in the steel, power, mining and infrastructure sectors, Jindal Steel & Power Ltd (JSPL) is part of the $18-billion OP Jindal Group.


7.CSR Award for Krishnapatnam Port

Krishnapatnam Port recently received the 2014 Seatrade Maritime Awards in the category ´Corporate Social Responsibility´.


8.Kirloskar Brothers acquires Braybar Pumps

Kirloskar Brother Ltd has acquired 90 per cent stake in South Africa based Braybar Pumps (Proprietary) Ltd. through its wholly owned subsidiary - Kirloskar Brothers International BV, Netherlands for $2.4 mn.


9.GVK to invest Rs 1,000 cr in Bengaluru airport expansion

GVK Power & Infrastructure is planning to invest Rs 1,000 cr in the Bengaluru Airport expansion project.


10.Coal India to import 6 mn tonne of coal

Coal India is planning to import 6 mn tonne of coal in the next three months.