Red Fort Capital, a leading international real estate private equity fund, intends to invest Rs 3,200 crore by next year to cash in on the liquidity crunch in the real estate sector. 

The real estate focused PE fund has planned to pump in Rs 3,200 crore in the next one year to pick up an average 50% stake each in 10-12 projects located in various cities. 

The company presently is in talks with nearly 10 developers in various cities across country, which includes National Capital Region (NCR), Mumbai, Bangalore, Kolkata, Chennai, Pune and Hyderabad. 

Tata Sky Ltd., the JV between the TATA Group and STAR, has finally launched Personal Video Recorder technology in the market with the name of ‘Tata Sky+’. 
With the launch, Tata Sky becomes the first company to bring this technology in the country. 

The Tata Sky+ digicomp has MPEG 4 technology, a hard disk and an in-built personal video recorder (PVR). The box has ability to record up to 45 hours of live entertainment.

Punj Lloyd, a leading engineering procurement and construction (EPC) and project management services company, has decided not to pursue the ground handling opportunities in the Indian aviation sector with Swissport International, and has agreed to terminate the Joint Venture.

The company had entered into a JV with Swissport International in June 2006 to develop projects in the Indian cargo and ground handling sector. 

Construction and civil engineering firm Hindustan Construction Company (HCC) has informed that Bank of India has invested Rs 150 crore in Lavasa Corporation Ltd (LAVASA), a subsidiary of HCC (Hindustan Construction Company Ltd) in the form of Convertible Debentures. 

Based on the above investment, the equity valuation of LAVASA gets reconfirmed at Rs 10000 crore. Earlier, Axis Bank Ltd had invested Rs 250 crore at the same valuation. 

New York - Coca-Cola Co, the world's largest soft drink manufacturer on Wednesday reported a third-quarter profit increase of 14 per cent to 1.9 billion dollars despite the economic downturn.

Sales rose by 9 per cent to 8.4 billion dollars. The company's success in emerging countries had more than compensated for the weak US market, CEO Muhtar Kent said Wednesday in a statement released by Coca-Cola headquarters in Atlanta, Georgia.

Coca-Cola has gained significantly from the weak dollar, with its performance clearly exceeding expectations.

Dubai, Oct. 15 : The launch of the Reliance Mobile ICC ODI Women’s Rankings will be held in the CK Naydu Room at the Cricket Club of India in Mumbai at 12 p. m. on on October 16.

A media briefing involving David Richardson, ICC General Manager – Cricket, India captain Jhulan Goswami, ICC Women’s Cricketer of the Year 2008 Charlotte Edwards of England and Sanjay Behl, head of branding at Reliance Communications, will take place at the same venue following the conclusion of the ceremony.