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1.DuPont signs agreement to acquire MECS

DuPont has signed a definitive agreement to acquire MECS Inc, from affiliates of American Securities LLC; advancing the company's capabilities to deliver sustainable solutions and expand its reach in emerging markets.


2.Amari forms JV for India operations

Thailand-based Amari has formed a joint venture with Ten Hotels Pvt Ltd under the name of Amari India entity.


3.For us it's more about exposing our products to the overall market

Marking its entry into India in 1997, JLG Industries, Inc is the world's leading designer, manufacturer and marketer of access equipment.


4.Asia Pacific Property Awards, 2011

Jones Lang LaSalle has been named 'Best Property Consultancy' in Asia Pacific at ‘The Asia Pacific Property Awards 2011’, held in Shanghai in association with Bloomberg Television. The firm dominated the award categories across 10 countries in the region.


5.Mumbai ranked the third promising investment market by ULI and PwC

Mumbai has been ranked as the third most promising investment market and the first most favoured development market in the recent Emerging Trends in Real Estate Asia Pacific 2011 a real estate forecast jointly published by the Urban Land Institute (ULI) and Price water house-Coopers (PwC). Development in Mumbai continues to be an area of interest, with the city ranking first in the 2011 results, up from second in 2010.


6.Forum Projects wins Asia Pacific Property Awards 2012

‘Atmosphere’, an ultra luxury residential condominium project, pioneered by Forum Projects, Kolkata has won the prestigious Asia Pacific Property Awards 2012.


7.India needs up to Rs 2.2 lakh cr for new airports: CAPA

Aviation consultancy firm, Centre for Asia Pacific Aviation (CAPA), has stated that India is under-prepared for major airport capacity challenge


8.AAI plans terminals for low-cost carriers

Airports Authority of India (AAI) is now looking for viable models to make dedicated low-cost terminals.


9.Realty sector may attract more foreign funds

Rob Blain, Chief Executive Officer and Chairman of CB Richard Ellis-Asia Pacific said he expects more foreign funds to flow into Indian real estate market with an improvement in market sentiment. All funds are spreading their risks and are going towards emerging markets as well. The company hopes to facilitate more capital flow into India, he said.


10.Hyatt to operate 60 new hotels in 5 years

Over the next five years, Hyatt Hotels Corporation will increase the number of hotels it operates in India manifold to 70. The US hospitality major, which signed up just ten hotels in its 30 years of existence in India, will increase focus on mid-scale properties as it speeds up its expansion in the country, Ratnesh Verma, senior vice-president, real estate and development for Hyatt International Asia Pacific, said.


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