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41st AGM: Delegates upbeat as Kribhco earns highest profit ever

Despite Covid restrictions, fertilizer co-op giant Kribhco has done wonderfully this financial year by not only earning the highest profit in its history but also selling ....

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SAIL spend on mines infructuous; laxity high in safety measures: CAG report

State-owned Steel Authority of India (SAIL) neither applied technical due diligence nor conducted techno-commercial study to assess viability before the allotment of its captive coal blocks at Parbatpur and Sitanala, audit report no 18 of 2020 of Comptroller and Auditor General of India (C&AG) said today.
These two blocks, which had to be subsequently surrendered, hence resulted in the amount spent on development of the same infructuous, examined the audit.
The audit released today examined records of all captive mines of SAIL for the period 2014-19 to assess the management of captive mines and compliance with safety and environmental laws.
The report pointed out that since the company’s iron ore production level, at Dalli, Rajhara and Barsua mines were lower than planned, it resulted in transfer of the key raw material from distantly located mines by the Bhilai Steel Plant and Rourkela Steel Plant leading to extra expenditure on freight differential. ....

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Press Releases: SKODA AUTO Volkswagen India certified Net Water Positive operations

Published: February 04, 2021, 07:55 PM IST
Adding to its exhaustive list of sustainability milestones, KODA AUTO Volkswagen India Private Limited (AVWIPL) earned the distinguished Net Water Positive certification by DQS India Pvt. Ltd. This certification is the second sustainability win for SAVWIPL post the Zero Waste to Landfill certification awarded last year by TUV Nord. AVWIPL has been certified as meeting the GOLD standard for their sustained initiatives toward water conservation and replenishment activities across its manufacturing operations.
The company continues to implement a number of initiatives at its production facilities in Aurangabad and Pune towards its sustainability goals. For e.g. both Aurangabad and Pune operations are zero liquid discharge facilities and boasts of state-of-the-art effluent treatments and recycling facilities along with sewage treatment plants. The pr ....

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