Adani Airports Holdings Raises $1 Bn in Financing
Malpani Pipes Gets BSNL Nod, Wins Rs 50 Million Order
Malpani Pipes and Fittings Limited has received official certification from Bharat Sanchar Nigam Limited (BSNL) for the manufacturing of Pre-Lubricated (PLB) Duct Pipes—an essential component used in optical fibre cable network installations.This certification marks a significant endorsement of the company’s production standards, enabling Malpani Pipes to become an authorised supplier for government-led telecommunications infrastructure projects. The company’s PLB duct pipes met BSNL’s stringent technical and quality criteria, showcasing its focus on engineering excellence and regulato..
XTGlobal Wins Major US IT Deal Worth up to Rs 830 Million
XTGlobal Infotech Limited, a publicly listed IT/ITES firm known for enterprise-grade technology solutions, has secured a major IT modernisation contract from a prominent US state agency. This milestone reinforces the company's upward growth trajectory, commitment to excellence, and capacity to deliver advanced solutions that meet the dynamic needs of both public and enterprise clients.The project was won through a highly competitive public Request for Proposal (RFP) process, which saw participation from hundreds of qualified vendors across the United States and internationally. XTGlobal was se..
Supreme Court Empowers Pollution Boards to Levy Fines
In a landmark decision, the Supreme Court has upheld the "polluter pays" principle, empowering environmental regulatory authorities like Pollution Control Boards to impose and collect fines directly under the Water and Air Acts. Overruling a prior Delhi High Court judgment, the apex court clarified that these regulators can exercise quasi-judicial powers and levy environmental compensation for actual or potential ecological harm. This distinction between “compensatory” and “penal” fines reinforces their authority to act independently, without needing to approach civil courts in every i..
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