Vedanta on Monday said G R Arun Kumar has resigned as chief financial officer (CFO) of the company. The company will announce the effective date of relieving of Kumar and details of the successor in due course, Vedanta Ltd said in a filing to BSE. The board has taken note of the resignation of GR Arun Kumar from the post of Whole-Time Director & Chief Financial Officer of the company to pursue career outside of the Group, Vedanta said. Kumar has made invaluable contribution towards the company s growth and its transformation journey during his tenure of close to eight years, it added.
Read more about Platinum prices surge to six-year high on brighter demand outlook on Business Standard. Market participants also await minutes of the U.S. Federal Reserve s Federal Open Market Committee meeting at the end of January, due on Wednesday
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The National Green Tribunal has formed a committee to look into a plea alleging illegal mining and stone crushing in Odisha. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel constituted a committee comprising officials from the State Pollution Control Board (SPCB), District Collector, State Environment Impact Assessment Authority (SEIAA), Central Pollution Control Board and the Ministry of Environment and Forests. The joint Committee may ascertain facts and also consider the view point of the affected parties. Based on facts found, the concerned statutory authority may take appropriate action, following due process of law. The nodal agency will be the State PCB for coordination and compliance. A factual and action taken report may be furnished within three months by e-mail, said the bench, also comprising Justice S K Singh and expert member Nagin Nanda.
Read more about Next tranche of commercial mining auction to be launched this month on Business Standard. Further rounds will continue thereafter: Coal minister