Revolutionizing Mining: Regulatory Update Simplifies Exploration and Bidding Processes for Companies

28 Nov 2023 CW Team

In a groundbreaking move, recent updates to mining regulations are set to reshape the industry landscape. Companies can now embark on a more straightforward journey of exploration and bidding for mining blocks, ushering in a new era of opportunities. The revised rules dismantle previous barriers, allowing proactive engagement in the exploration phase before formal bid submissions. This forward-looking approach not only boosts operational efficiency but also enhances transparency in the allocation of mining blocks. This regulatory evolution is poised to inject fresh momentum into the metals and mining sector, offering companies a conducive environment for growth. The strategic emphasis on simplifying processes aligns with broader industry goals, fostering a more competitive and dynamic landscape. As businesses adapt to the updated framework, the potential for increased investment and innovation in mining activities becomes more pronounced.

Infrastructure Urban

20 May 2025

Silawat Launches Projects Worth Rs 120 Million in Sanwer

Water Resources Minister Tulsi Ram Silawat inaugurated and laid foundation stones for over 100 infrastructure projects valued at more than Rs 120 million during a large-scale public event in Sanwer on Sunday.Addressing the gathering, Silawat emphasised the rapid development seen in Sanwer over the past six years. 鈥淒evelopment works worth several crores have been completed across all 15 wards,鈥� he noted. The projects cover a wide range of civic improvements including cement concrete roads, drainage systems, stormwater lines, bridges, anganwadi centres, community halls, cremation grounds, pl..

Infrastructure Urban

20 May 2025

JSW Trust Sells Rs 12.1 Billion Stake to Aid Akzo Deal

The Sajjan Jindal Family Trust has divested a 2 per cent stake in JSW Infrastructure Ltd 鈥� India鈥檚 second-largest commercial port operator 鈥� for Rs 12.1 billion, selling shares to institutional investors including the Government of Singapore. The move is part of efforts to comply with public shareholding norms and potentially fund JSW Group鈥檚 planned acquisition of Akzo Nobel India.Of the total divestment, 0.88 per cent was offloaded directly to Singapore鈥檚 sovereign entity, which acquired approximately 18.4 million shares via block deals at Rs 288 each, amounting to Rs 5.31 billion,..

Infrastructure Transport

20 May 2025

Maharashtra Approves Shipbuilding Policy to Boost Maritime Sector

The Maharashtra government has approved a new shipbuilding policy to bolster the state鈥檚 maritime infrastructure and promote ship repair and recycling industries. The Maharashtra Shipbuilding, Ship Repair, and Ship Recycling Facility Development Policy 2025 was cleared in the latest cabinet meeting, with a Government Resolution (GR) issued on Friday.This move is expected to attract fresh investments, generate employment, and contribute to foreign exchange savings by reducing reliance on overseas shipyards. The policy aligns with the central government鈥檚 Maritime India Vision 2030 and Marit..