Mines Bill clears RS test amid Opposition walkout; private players can now join sector

NEW DELHI: Amid a walkout by the Opposition members, the Rajya Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. Soon after the House reassembled in the post-launch session, Union minister for coal and mines Pralhad Joshi moved the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. The Upper House passed […]

India market regulator SEBI approaches SC seeking six-month extension to complete Adani probe

NEW DELHI: Market regulator Securities and Exchange Board of India (SEBI) has approached Supreme Court seeking an additional six months’ time to complete the probe in the Adani-Hindenburg saga. Taking note of the fact that SEBI was already seized of the investigation into the allegations made against Adani Group companies, Supreme Court had asked it […]

Illegal mining case ED attaches assets of accused worth Rs 54 crore

BENGALURU: The Directorate of Enforcement (ED), Bengaluru zonal office, has provisionally attached immovable properties worth Rs 54.18 crore in a case related to illegal mining under the Prevention of Money Laundering Act (PMLA), the agency stated in an official release. The attached assets are in the form of 30 immovable properties consisting of land, residential […]