Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Prakash Industries paid ₹33 cr for the Bhaskarpara Coal Mine in Chhattisgarh, propelling a 5% rise in shares to ₹210. The company updated on the mine's progress, making a payment to the Forest Department for non-forestry land use and wildlife conservation. Having received regulatory nods, Prakash Industries paid ₹23 cr for diverted forest land and ₹35 cr for compensatory afforestation. The mine's development is advancing swiftly, securing In-principle Stage-1 approval and Environmental Clearance. The Mining Lease is expected to be finalised this quarter, marking a significant milestone.
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