Despite an NGT ban, illegal sand mining persists in Bokaro, particularly at Bhathua Ghat, with minimal enforcement. While the mining department reports seizures and fines, the focus on sand mining remains limited, even as illegal extraction continues unabated.
Shakti Pumps has successfully raised Rs 292.60 crore through Qualified Institutional Placement, issuing 31.87 lakh shares at Rs 918 each. The funds will be used to establish a 2.20 GW solar cell and module manufacturing plant in Madhya Pradesh.
Chief Minister Rekha Gupta has appealed to Uttar Pradesh CM Yogi Adityanath to urgently address illegal sand mining in the Yamuna River along the Delhi-UP border. Gupta highlighted the ecological damage, increased flood risk due to weakened embankments, and concerns raised by the National Green Tribunal.
Nagpur administration plans to offer free fly ash to businesses. This is due to the Koradi and Khaparkheda power plants' ash storage nearing full capacity. The initiative aims to reduce environmental concerns. It also promotes the use of fly ash in construction. Businesses will only bear transportation costs. This move supports eco-friendly practices in the region.
Incuspaze, a workspace solution provider, has acquired VSKOUT. VSKOUT offers data analytics for commercial real estate. The deal involves cash and equity swap. VSKOUT's founders, Saumya Kumar and Pankaj Jain, will take leadership roles at Incuspaze.
Oriental Trimex will sell land and a granite unit in Odisha. This will streamline operations and boost liquidity. The company will begin quarry operations at its Black Granite mine soon. They received a mining lease from the Odisha government in May. A new "smart cut" machine will reduce waste.
Chief Minister Pramod Sawant has requested the Union government to ease sand extraction regulations, similar to those in Andaman and Nicobar Islands, and consider allowing music beyond the 10 PM restriction to boost tourism in Goa.
The Rajasthan government has imposed a two-month ban on sand mining in rivers to protect riverbeds and aquatic ecosystems during the monsoon season. This restriction is expected to cause a surge in sand prices due to limited supply and unrenewed leases.
Bawankule said the state introduced a new sand policy on April 1, abolishing the earlier depot system and replacing it with an auction-based model, which has already begun generating healthy revenue.
REA Group has named Praveen Sharma as the new CEO of REA India, adding him to their executive leadership team. Sharma, bringing over 25 years of experience from companies like Paytm and Google, will start in July.
The group has currently challenged one EC granted on Feb 3, 2025, and informed the tribunal that it would be filing separate appeals against all the remaining 11 ECs as well.
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