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(RIL) has entered into a binding long-term Supply and Purchase Agreement (SPA) with Samsung C&T Corporation, South Korea, for the supply of Green Ammonia over a 15-year period commencing in the second half of FY2029. The SPA, valued at more than $3 billion, is one of the largest binding long-term Green Ammonia off-take agreements globally.
NMDC has executed a Non-binding Memorandum of Understanding (MoU) with Gujarat Mineral Development Corporation (GMDC), a Government of Gujarat Enterprise to explore collaboration in Rare Earth Elements (REE) and associated minerals. The MoU aims to strengthen cooperation towards securing India’s critical mineral supply chain and developing an integrated rare earth value chain in India covering exploration, mining, processing, separation and downstream manufacturing.
Oberoi Realty has entered into a development agreement for lands situate at Aram Nagar, Versova, Andheri West, Mumbai, belonging to Maharashtra Housing and Area Development Authority (MHADA). Based on the extant provisions of the Development Control and Promotion Regulations for Greater Mumbai, 2034, the company expects its share of the free sale component to be approximately 17.18 lakh square feet (RERA carpet area) (excluding its share of rehab component for existing tenants) from the development of the Project Land, subject to statutory approvals and applicable regulations.
The Leela Palaces, Hotels and Resorts has acquired an ultra-luxury resort in Coorg, marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri and surrounded by coffee and spice plantations, will be unveiled as The Leela Coorg Forest Sanctuary later this year.#TechnicalViews#FundamentalViews#WatchOutFor#StockInNews#EquityResearch
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