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India's Comptroller and Auditor General (CAG) has called out the state-run Odisha Mining Corporation (OMC) for serious compliance problems. According to the CAG, OMC now owes Rs 1,328.37 crore in penalties after going over production limits. The details came from a report on state public sector undertakings, presented in the Odisha Assembly. The violations happened in 2018-19 at two sites: Kodingamali bauxite mine and Sukrangi chromite mine. Most of the penalty is tied to Kodingamali. Here, OMC ...Read More >
BHUBANESWAR: The state-run Odisha Mining Corporation (OMC) has paid a staggering Rs 4,364.15 crore as penalty for excess and unauthorised mineral production, raising serious concerns over compliance with statutory regulations and internal controls. The penalties were imposed for violation of environmental and mining laws, including the Environment Protection Act, Forest Conservation Act and provisions governing mining plans and clearances. The issue assumes significance in light of the Supreme ...Read More >
Bhubaneswar: State-owned Odisha Mining Corporation (OMC) is liable to pay Rs 1,328 crore in penalties for excess production in two of its mines, a CAG report has flagged.The report on state PSUs, tabled in the assembly on Tuesday, said in the Kodingamali bauxite mine, OMC produced 27 lakh MT of bauxite in 2018-19 against the approved consent to operate (CTO) limit of 22.6 lakh MT. This resulted in 4.4 lakh MT of excess production, attracting a penalty of Rs 1,298.39 crore.In the Sukrangi chromit ...Read More >
Bhubaneswar: Tata Steel faces a financial challenge in Odisha after local authorities made a demand of Rs 2,411 crore. The office of Deputy Director of Mines, Jajpur, has sent the demand letter to Tata Steel over an alleged shortfall in chrome ore dispatch from its Sukinda Chromite Block for the fifth year of operations, spanning July 23, 2024, to July 22, 2025. Officials have alleged that the company did not meet dispatch obligations at its Sukinda mine under the Mine Development and Producti ...Read More >
Bhubaneswar: Tata Steel Limited has announced it would challenge the demand notice amounting to Rs 1,920 crore issued by the deputy director of mines for an alleged shortfall in mineral dispatch from the company's Sukinda chromite block in Jajpur district.The company, in a formal disclosure to the stock exchange, disagreed with the demand, citing a lack of justification and substantive basis for the claims. The demand notice, received on July 3, is linked to a revised assessment of mineral dispa ...Read More >
Mumbai: Uddhav and Raj Thackeray, once distant cousins, are coming together to challenge the Maharashtra government's choice to implement Hindi as a compulsory language for Classes 1 to 5 according to the National Education Policy (NEP). They perceive this action as an infringement on local identity and language variety. Uddhav's Shiv Sena (UBT) and Raj's Maharashtra Navnirman Sena (MNS) are set to conduct a unified protest march on July 5, representing their first joint endeavour in twenty year ...Read More >
BHUBANESWAR: The Odisha government has issued a demand notice of Rs 1,902.72 crore on Tata Steel Limited for alleged shortfall in dispatch of minerals from the company's Sukinda chromite block. The demand includes the sale value of shortfall quantity and appropriation of performance security. The block located in Jajpur district is one of the largest chromite mines in the country. Sources said the office of the deputy director of mines, Jajpur, issued the demand notice on Thursday in connectio ...Read More >
New Delhi: Tata Steel has received a demand notice of Rs 1,902 crore from the Deputy Director of Mines in Jajpur for alleged deficiency in dispatch of minerals from its Sukinda chromite block in Odisha. "On July 3, 2025, Tata Steel Limited ('Company') has received a Demand Letter issued by the Office of Deputy Director of Mines, Jajpur, in connection with revised assessment of shortfall in dispatch of minerals from the Company's Sukinda Chromite Block, for the fourth year in terms of Mine Develo ...Read More >
Mumbai/Jajpur: Tata Steel Friday said that it has received a demand notice of Rs 1,902.72 crore from the Deputy Director of Mines in Jajpur, Odisha. The notice relates to an alleged shortfall in the dispatch of minerals from the company's Sukinda Chromite Block. According to a stock exchange filing by Tata Steel, the demand is based on a revised calculation of average sale prices provided by the Indian Bureau of Mines. The mining authorities issued the notice July 3 under Rule 12A of the Mine ...Read More >
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