Much to the metal world's scare, the Supreme Court's environment panel, Central Empowered Committee (CEC), on Friday agreed with the Karnataka Lokayukta to report rampant illegal iron ore mining in Chitradurga and Tumkur districts and recommended a complete ban on private mining.
Post reports of the CEC recommendations, metal companies have announced an expected a highly possible impact in the EBITDA. Prasad Baji, senior vice president of institutional equitiesDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
