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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.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.


3.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.


4.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.


5.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.


6.Universal Construction plans Rs 30 cr expansion

Pune-based equipment manufacturer Universal Construction Machinery and Equipment is taking up expansion plans worth Rs 30 crore.


7.We are expecting a turnover of Rs 1,000 crore in 2011

What began as Western India Erectors back in 1963 has gone on to achieve unprecedented growth in the sphere of EPC projects, infrastructure and electromechanical installation of large industrial projects.


8.KPGCL to execute 3,300 MW Bhadreshwar project

Kutch Power Generation Company Ltd (KPGCL), a Adani Power subsidiary, will execute the proposed 3,300 MW imported coal-fired thermal power plant at Bhadreshwar in Gujarat.


9.Zooming ahead

India’s first hi-speed train project, Regional Rapid Transit System (RRTS) to connect Panipat with Delhi in 50 minutes, was recently initiated by Delhi Integrated Multi-Modal Transit System Ltd, under the leadership of Rakesh Mehta, Chairman.


10.MPSEZ to infuse Rs 6,000 cr for expansion

Mundra Port and SEZ (MPSEZ), belonging to Adani Group, will infuse Rs 6,000 crore over the next three to five years for port upgradation.