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MINING LICENCE
PC Jeweller shares soar 14% on Q4 PAT jumps 58% YoY, strong management commentaryShares of PC Jeweller surged 14% after the company reported a 58% year-on-year rise in Q4 net profit to Rs 150 crore. Strong consumer deman...
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 yearTwo Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro S...
Deccan Gold Mines shares soar 23% in just two days. What’s fuelling the rally?Deccan Gold Mines shares surged 23% in two days after the company reported discoveries of nickel, copper and palladium mineralisation at it...
What running a business in India actually looks like: Nightmare of CEOs these days is conversion of commercial disputes into criminal casesA corporate crisis manager describes how business disputes in India are increasingly being turned into criminal cases, exposing executives ...
SIS Ltd eyes Rs 20,000 crore revenue in FY27; targets 5 lakh workforce by 2030SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...
Gram panchayats boost own earnings, fund schools, flood control and digital accessIndian villages are achieving financial independence. Gram panchayats are boosting tax collections and using their own funds for schools, f...
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
Apollo Micro Systems shares jump 23% in 2 days after securing arms manufacturing licenceApollo Micro Systems shares surged after receiving a crucial arms manufacturing licence from the Indian government. This lifetime licence a...
Sebi clears NSE’s investment in proposed National Coal Exchange; move to formalise coal tradingSecurities and Exchange Board of India approved National Stock Exchange of India investment in a coal exchange to enable transparent tradin...
Coal stock adequate for 90 days available: Union Coal Minister Kishan ReddyIndia now holds over 200 million tonnes of coal, enough for 90 days, a significant increase from previous stock levels. The nation achieved...
NSE gets govt approval to name new subsidiary 'National Coal Exchange of India'The National Stock Exchange has received MCA approval to name its proposed subsidiary ‘National Coal Exchange of India Limited’, marking a ...
Rules allowing inclusion of contiguous mining area notifiedNew rules allow mining lease holders to expand their areas. This applies to deep-seated minerals and associated minerals. The contiguous ar...
Govt cancels auction of 11 critical, strategic mineral blocksThe government has cancelled the auction of 11 critical and strategic mineral blocks in the sixth round due to poor investor response and a...
Centre proposes cap on performance security and upfront amount to auction critical and strategic mineralsThe Mines Ministry aims to boost mining company participation by proposing caps on performance security and upfront amounts for critical mi...
Coal India monopoly to end as decks cleared for mining by private playersThis marks a long-expected reform aimed at boosting investment and output. It is also seen as lowering prices and imports while introducing...
14 mining firms served notices for not paying forest department taxIn the notices, the companies have been warned that non-payment would result in cancellation of mining licences and seizure of property, an...
CBI begins probe in offshore mining licences scamCBI has begun probing alleged irregularities in an attempt to explore mineral wealth lying in the deep sea bed, sensing another scam.
- Centre amends licence rule to check illegal mining
The Centre has resorted to a multi-pronged strategy including setting up of an Inquiry Commission and asking states to make action plans to...
- Coal Ministry revokes mining licences of NTPC, DVC
The coal ministry on Thursday issued orders to revoke mining licences of five blocks of NTPC, Damodar Valley Corp and Jharkhand State Elect...
- New mining policy: Canadian, Oz cos concerned over profit sharing
Leading mining companies from Australia and Canada have expressed concerns over the new mining policy that aims to keep 26% of profits for ...