Crushed Stone, M-Sand to Cost Rs 1K More Per Tonne in Tamil Nadu

25 Apr 2025 CW Team

Starting Tuesday, the price of crushed stone, M-Sand, and P-Sand will increase by Rs 1,000 per tonne across Tamil Nadu, the Tamil Nadu Stone Quarries, Crusher Units and Lorry Owners Association announced on Monday.

Following negotiations with Minister for Water Resources, Minerals and Mines Duraimurugan and senior officials, the association confirmed that its recent strike—called to protest revised taxes and the introduction of a mineral-bearing land tax—has now been withdrawn.

Association president K Chinnasamy stated that the revised rates are essential to offset the additional tax burden. As per the new prices, crushed stone will now cost Rs 5,000 per tonne, M-Sand Rs 6,000, and P-Sand Rs 7,000 per tonne.

He assured that the price hike was limited strictly to covering the increased tax costs and urged public cooperation, noting that operations had become financially unsustainable at previous rates.

A government release noted that quarry operators were also informed about upcoming orders concerning lease extensions and amalgamations. Their concerns regarding the State Level Environment Impact Assessment Authority and other issues will also be reviewed.

Source: Express News Service

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..