Cement News tagged under: Mines

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13 UltraTech mines receive 5-star rating

14 March 2023, Published under Cement News

UltraTech Cement Ltd has announced that 13 of its mines received five-star ratings for year 2021-22 from the Indian Bureau of Mines at the 75 th anniversary celebrations of the Indian Bureau of Mines. These are the highest number of five-star ratings awarded to any company in India across all sectors. Conceptualised by the Ministry of Mines, the star ratings are based on adoption of best practices for implementation of Sustainable Development Framework in mining. A five-star ratin...

Indian government clears proposal to amend MMDR Act

14 March 2016, Published under Cement News

The Indian government has cleared a proposal to amend the mines and minerals law (MMDR Act) to allow the transfer of captive mines granted through non-auction routes, which of late has proved to be a stumbling block for two key acquistions in the domestic cement industry. "The cabinet has approved the proposal allowing transfer of captive mines across sectors. We have received various representations from banks and associations saying the amendment will facilitate a number of mergers and ...