Penna Cement's limestone mining leases cancelled

07 Nov 2013 CW Team

Media reports say that the Andhra Pradesh government on November 6 cancelled the limestone mining leases granted to Penna Cement Industries, saying the company had failed to execute them. Penna was granted leases in 106.86 hectares and and additional 18.615 hectares respectively in Anantapuram district. The AP government's order issued by Industries Secretary Sabyasachi Ghosh said that Penna Cements held mining leases in 1,105.975 hectares (11.06 square km) in Anantapuram, Kurnool and Nalgonda districts. The six mining leases were granted by former AP Chief Minister Y S Rajasekhara Reddy's government in 2008. Penna Cement Industries holds mining leases, altogether in an extent of 1105.975 hectares, which is in excess of 10 square kilometres limit prescribed under Section 6(1)(b) of the Mines & Mineral (D&R) Act, 1957. Hence, the grant is treated as void as per Section 19 of Mines & Mineral (D&R) Act,1957, the Industries Secretary said in his order issued.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..