MoneyWorks4Me

Narayana Hrudayalaya, Lemon Tree Hotels and Hatsun Agro Product to see some action today

28 Jan 2025 Evaluate

Narayana Hrudayalaya has entered a Memorandum of Understanding (MoU) with Sunglow Realties (BCM Group) for constructing and leasing hospital building in Bangalore to the Company. Under the binding MOU, Sunglow Realties shall construct and lease to Narayana Hrudayalaya a hospital building in the Central Bengaluru region on a long term basis subject to the terms of the MoU with customary payment terms, representation and warranties and obligations under such nature of understanding.

Lemon Tree Hotels has signed a new property -- Lemon Tree Hotel, Anand, Gujarat. The property, which shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, is expected to start its operations in FY 2029. Lemon Tree Hotel, Anand, Gujarat will feature 60 well-appointed rooms, a restaurant, a banquet, a meeting room, a swimming pool, a spa and other public areas. The nearest airport, Vadodara Airport, is approximately 44 kms away from the property while the Anand Railway Station is about 5 kms away. The hotel is also well connected by roadways for both public and private transport. 

Hatsun Agro Product (HAP) has completed the acquisition of Milk Mantra Dairy, and its innovative dairy brand ‘Milky Moo’ known for its quality commitment in milk procurement and sales. This strategic takeover strengthens HAP's presence in the Eastern Indian dairy market and underscores its mission of delivering fresh, high-quality dairy products to customers. 

Oriental Rail Infrastructure has secured order worth Rs 1.07 crore from Modern Coach Factory (MCF), Raebareli, Indian Railways. Under the contract, the company will manufacture and supply 25 Sets of ‘Seats and Berths’ for LHB SLR HOG coaches and 5 sets of ‘Seats and Berths’ suitable with SS pillars for LHB AC2T coaches. The order is to be executed by July 31, 2025.

Infosys has established seven Digital Learning Centers (DLCs), under its three-year collaboration with Street Child, to address the educational challenges faced by children in crisis-affected areas of Ukraine. This collaboration addresses the profound disruption to Ukraine’s education system caused by the ongoing conflict, which has affected over 3,700 educational institutions and destroying 365 schools, as reported by Save the Children. The conflict has forced roughly 1.9 million children - nearly half of Ukraine's school-aged population - to rely on partial or fully remote learning solutions. 

Arvind SmartSpaces (ASL) has signed an agreement for a large industrial park in Ahmedabad, with a total estimated area of around 440 acre and a top-line potential of around Rs 1,350 crore. This mega project is located on NH47, Bavla-Bagodara Road. The project is signed under joint development model (70.5% revenue share).nNH 47 is among one of the major national highways of Gujarat, which on the southern side connects Ahmedabad to all major cities of Saurashtra like Rajkot, Bhavnagar, Jamnagar etc, and on the northern side connects Ahmedabad to cities like Gandhinagar, Mehsana and connects the entire state to Rajasthan.

Petronet LNG (PLL) has received approval from board of directors for execution of definitive Sale & Purchase Agreements for sale of 250 KTA of Propylene and 11 KTA of hydrogen from the PLL’s Petrochemical Complex at Dahej. The Agreement will be executed between Petronet LNG and Deepak Phenolics (DPL) for a period of 15 years from the date of first supply of propylene and hydrogen by PLL to DPL. The Board of Directors, in its meeting held on January 27, 2025 has accorded its approval for the same. 

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