Download Unicorn Signals App

By EquityPandit

EquityPandit

EquityPandit
BUSINESS

Ashapura Minechem Inks an MoU China Railway

The company will oversee marketing, sales, and technical support, including quality assurance.

Ashapura Minechem Ltd has announced that its abroad subsidiary has entered into a long-term Memorandum of Understanding (MOU) with China Railway, which is a Fortune 500 company for developing a Fako bauxite deposit project in Guinea in West Africa.

In its regulatory filing, the company said, “We wish to inform you that the company’s overseas subsidiary has entered into a long-term Memorandum of Understanding (MOU) with China Railway, a global Fortune 500 company, to jointly develop its Fako bauxite deposit in the Kindia region of Guinea.”

As a part of the deal, the company will be responsible for the sales and marketing department, while China Railway will handle the production of bauxite and provide logistical solutions. 

The company added, “In terms of MOU, China Railway will be responsible for production of Bauxite and provide logistic solutions while Ashapura will be totally responsible for sales and marketing and providing technical support including quality assurance for the project.”

The company is aiming to transform one of Guinea’s most underdeveloped regions by creating job opportunities and increasing production capabilities to drive growth. 

Filing added, “The above mentioned project may be set to transform one of Guinea’s most underdeveloped regions by creating job opportunities. It will also boost the company’s production capacity while driving economic growth and improving the lives of local communities in the Fako region.”

Discover the next big investment! Unicorn Signals’ IPO screener helps you identify promising initial public offerings. Download Unicorn Signals and get ahead of the curve! Sign Up Now & Find Your Next IPO Gem!

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
BUSINESS

United Spirits Sells Malabar Hill Property for Rs 172 Crore

Dhruva Kulkarni

United Spirits has approved the sale of its Malabar Hill property in Mumbai for Rs 172 crore, including furniture and fittings.

The buyers, Ajaykumar Dineshkumar Vaghani and Manisha Ajay Vaghani have no links to the company’s promoters or group companies and will bear all applicable stamp duty, registration fees, and taxes.

You May Find This Interesting

The agreement does not grant any special rights, such as appointing directors or influencing the capital structure.

The transaction was conducted at arm’s length and does not qualify as a related party transaction. United Spirits disclosed the deal under SEBI’s Listing Regulations, 2015, as per Regulation 30.

United Spirits Insights? Let the Analyst Guide You.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

BUSINESS

Govt Approves Rs 62,700 Cr Deal for 156 Light Combat Helicopters from HAL

Dhruva Kulkarni

The government has approved a record Rs 62,700 crore deal to procure 156 Light Combat Helicopters (LCH) from Hindustan Aeronautics Ltd (HAL), strengthening the Indian Army and Indian Air Force (IAF).

These helicopters will be manufactured at HAL’s Bengaluru and Tumkur plants, creating jobs and enhancing India’s aerospace sector.

Under the agreement, 90 helicopters will be delivered to the Army and 66 to the IAF for deployment along the China and Pakistan borders.

You May Find This Interesting

The LCH, known as Prachand, is the world’s only attack helicopter capable of operating at 5,000 meters, making it ideal for high-altitude warfare in Siachen Glacier and Eastern Ladakh. Armed with air-to-ground and air-to-air missiles, it can effectively neutralise enemy air defence systems.

HAL received the tender in June 2024, and the Cabinet Committee on Security (CCS) approval paved the way for the mass production of these advanced helicopters.

Additionally, the CCS has sanctioned a Rs 7,000 crore deal for 307 Advanced Towed Artillery Gun Systems (ATAGS), with orders shared between Bharat Forge and Tata Group, further advancing India’s indigenous defence manufacturing.

Stay Ahead with HAL. Ask the Analyst.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!

BUSINESS

Haldiram’s Signs Agreement with Singapore’s Temasek

Dhruva Kulkarni

Haldirams has partnered with Singapore-based investment firm Temasek, which will acquire an equity stake to support the brand’s expansion in India and globally.

PwC Investment Banking acted as the exclusive financial advisor, while Khaitan & Co provided legal counsel for the deal. The transaction is subject to regulatory approvals and is expected to close soon.

You May Find This Interesting

A Haldirams spokesperson welcomed Temasek’s investment, emphasising its expertise in the consumer sector.

PwC India Chairperson Sanjeev Krishan called the deal a milestone, highlighting PwC’s long-term advisory role and noting that it is India’s largest private equity consumer deal, reflecting the global rise of domestic businesses.

Curious About Snack Stocks? Ask the Analyst.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

BUSINESS

Godrej Properties Sold Homes Worth Rs 1,000 Crore 

Ali Waghbakriwala

Godrej Properties Ltd. announced on Tuesday, 25 March, that it has sold homes in its Godrej Madison Avenue project in Kokapet, Hyderabad, which occupied over 0.84 million square feet and brought in over Rs 1,000 crore. The corporation began the project in January 2025.

The Golden Mile Road project offers access to shopping, schools, hospitals, and other lifestyle amenities. It also provides access to key areas such as the Financial District, Gachibowli, HITEC City, and the Outer Ring Road.

“We are thrilled with the response to our first project in Hyderabad,” said Gaurav Pandey, MD & CEO of Godrej Properties. “This success reiterates the huge growth opportunity available to Godrej Properties in Hyderabad and the strong demand for premium residential developments in Kokapet. This strengthens our commitment to expanding in Hyderabad where we will be launching a second project shortly.”

Additionally, the real estate firm revealed last week that it has acquired roughly 10 acres of land in the Yelahanka suburb of Bengaluru, which could generate Rs 2,500 crore in revenue.

The project’s estimated 1.5 million square feet of developable potential is mostly made up of high-end residential flats and high-street shops.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

BUSINESS

Larsen and Toubro Signs MoU with Cockerill Energy

Ali Waghbakriwala

Larsen and Toubro said on Monday, 24 March that L&T Energy Green Tech Ltd, its wholly-owned subsidiary, has entered into a Memorandum of Understanding (MoU) with John Cockerill Energy to investigate solutions in thermal energy storage and concentrated solar power.

The company’s exchange filing states that the MoU seeks to find and create strategic partnership prospects in production, component supply, and technology solutions.

L&T Energy Green Tech offers integrated green energy solutions through collaborations, advanced technology, and research and development on a development, production, and EPC basis. John Cockerill, who has over 200 years of experience in both industry and energy, has been developing technological solutions to help with the energy transition.

Subramanian Sarma, the whole-time director and president (energy), L&T, said, “Ensuring round-the-clock availability of renewable power is crucial for driving the global energy transition. Our collaboration with John Cockerill marks a significant step in this direction, combining L&T’s end-to-end expertise in manufacturing, EPC and services with John Cockerill’s global leadership in energy.”

“With our expertise and references, including five solar thermal receivers for concentrating solar power plants in the UAE, China, Chile and South Africa, we are confident this partnership will enable us to deliver these offerings to companies in India that are actively pursuing low carbon energy solutions,” John Cockerill Energy’s CEO Thomas Bohner said.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

@2025 - www.equitypandit.com. All Right Reserved.
Latest
IPO
Weekly
Outlook

Stock
Market
Prediction