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Maha allows plastic packaging for milk pouches until further notice

Wednesday, December 12, 2018, 8:33 AM

Milk consumers in Maharashtra can heave a sigh of relief as government has agreed to take a-lenient-view and allow the use of plastic pouches for packaging of milk until further notice. Maharashtra's dairy sector had threatened to suspend sale of milk in plastic pouches from December-15. On an average, around 85 lakh litres of milk is sold through plastic pouches on a daily basis.
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Saradha chit fund scam: NCLT orders closure of 13 group companies

Wednesday, December 12, 2018, 8:30 AM

The Kolkata bench of National Company Law Tribunal (NCLT) has ordered winding up of 13 companies of the now-defunct Saradha Group, directing the official liquidator to take possession of assets and properties of all these companies. The order is in connection with the multi-crore Saradha chit fund scam. The report reveals that the affairs of all these companies were being conducted in fraudulent manner.
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Commissioning of west coast refinery delayed by 3 years

Wednesday, December 12, 2018, 8:26 AM

The deadline for commissioning of the $44-billion mega refinery on the west coast of India has been extended by three years to 2025 as work on the world's largest refinery will start only by 2020 as the project is facing land acquisition hurdles. Global consulting firm Jacobs is working on configuration of the refinery which is expected to have 30% facility dedicated for petrochemicals.

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