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Adani Enterprises today said it has signed a partnership agreement with Japanese diversified business group Kowa Company , entailing joint cooperation in common areas of business like infrastructure and trade such as exports in both countries. The agreement was signed between Yoshiro Miwa, President and CEO, Kowa and Gautam Adani, Chairman of the Adani Group in Japan."I am confident that Kowa will help us derive synergies for fast track growth in the highly competitive APAC region. We look forward to a long, mutually beneficial and strategic partnership with Kowa," Adani said.

As per the 'Business Alliance Agreement', Kowa will facilitate Adani's initiation to do business with Japanese firms and help the Indian conglomerate develop its key businesses like ports, shipping, coal mining, transportation of coal and power, Adani said in a statement.

Unitech is trading in a Lower-Top Lower-Bottom formation on Weekly chart which indicates a negative trend. The immediate support is at Rs 46 and next support is at Rs 39. On the higher side, Rs.68 level would act as a strong resistance. It is advisable to buy the stock only after a confirmation of Higher-top Higher-Bottom formation on daily/weekly chart.

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