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1.Port sector attracts investment worth 36.128 billion

On the inaugural day of the Vibrant Gujarat Summit 2019, investment proposals attracted by the port and port-led development sector received investment intentions worth Rs 36.128 billion.


2.Essar planning to sell office buildings

Essar Group is reportedly in talks with global investment firm Brookfield to sell its 1.25 mn sq ft Equinox Business Park at Bandra-Kurla Complex in Mumbai for about Rs 2,400 crore. Essar is reducing its debt by monetising non-core assets.


3.Essar Port to complete Rs 830 crore expansion at Vizag terminal

The Vizag port run by the Essar Group will reportedly be shutting its operation for a week prior to the commissioning of a new 8,000-tonne per hour ship loader. As per reports, the commissioning of the ship loader is part of the port's Rs 830 -crore modernisation and expansion project.


4.The Perks of Paper

Are you keen to invest in the real-estate sector but not interested in going through the rigmarole of purchasing physical assets? If yes, this could be the option for you: Investing in real-estate on paper and reaping real returns. Real-estate Private Equity (PE) funds are one such instrument.


5.Kenya is planning to add up to nine solar power plants over the next few years via PPPs.

Kenya is an important trade and investment partner for India. Bilateral trade was $4.235 billion during 2014-15. And India´s exports were worth nearly $4.12 billion. In 2003, RA Goenka was appointed as Honorary Consul of the Republic of Kenya


6.COMMERCIAL CHIEF

Manoj Menda is doing some serious commercial talk. The Corporate Vice Chairman of Bengaluru-based RMZ Corp is driving the company´s mega deal of buying Essar Group´s Equinox Business Park in Mumbai for about Rs 2,400 crore.


7.Essar Power Transmission likely to be sold to Adani Group

In an attempt to bring down its debt, the Essar Group is negotiating with Adani group to sell Essar Power Transmission.


8.Business Strategist

Gyandip Bhuyan, General Manager, Shree Naman Group, has over 16 years of experience in the field of branding, marketing, sales, strategy and business development.


9.Essar Group to sell UK refinery

Essar Group plans to sell the Stanlow refinery in Britain for $600 mn. The company is seeking to raise $500 mn -$600 mn for the plant in the northwest of England. However other plants recently put up for sale in the UK viz, Murco's Milford Haven and the Bankrupt Petroplus's Coryton, have failed to find buyers.


10.Man of steel

Kiran Pujari, Head-Technical Services, Arcelor Mittal, has been associated with the construction industry for more than 18 years. Over the years, he has opened a new market segment in power and bridge projects