KUTCH
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
Cigarettes to get costlier: ITC hikes Gold Flake Premium prices for the second time this year; here's how much a pack will now cost
ITC Ltd has raised the price of its Gold Flake Premium cigarettes by Rs 10 per pack, taking the MRP of a 10-cigarette pack to Rs 135 from Rs 125. This is the second price increase for the brand in 2026, following a hike in June. The revision comes as cigarette makers face higher taxes and pressure on legal market volumes, while ITC looks to expand its FMCG and other non-cigarette businesses.
TS Inter 1st and 2nd year exam system to end: Telangana CM announces new 10+2 education model from next academic year
Telangana will introduce the 10+2 education system from the next academic year, merging Classes 11 and 12 with the school education structure and replacing the separate Intermediate system. Chief Minister A Revanth Reddy has outlined a three-stage schooling model from nursery to Class 12, with the reforms aimed at improving education quality and reducing student dropouts after Class 10. The government is also reviewing residential school projects and infrastructure upgrades.
Bharat Ratna LK Advani Ji at 100: A life of service, ideology and nation-building
Shri Lal Krishna Advani Ji celebrates his hundredth birthday on November 8, coinciding with Diwali festivities. He has played a vital role in shaping modern Indian politics through the Jana Sangh and BJP. Advani Ji faced challenges, such as Partition, and rebuilt his life with determination and resilience. He was influential during critical moments, including the Emergency and the Somnath-to-Ayodhya Rath Yatra.
Adani’s copper smelter targets up to 85% utilisation by March on assured supplies
Adani Group’s Kutch Copper expects to increase smelter capacity utilisation to 80-85% by March, against its earlier target of 75%, as long-term contracts help secure copper concentrate amid tight global supplies. The smelter operated at 64% utilisation in the September quarter, producing 80,200 tonnes.
L&T and BAE Systems start production of BVS 10 Sindhu ATVs for Indian Army's high-altitude operations
Larsen and Toubro, in collaboration with BAE Systems, has commenced production of the BVS 10 Sindhu all-terrain vehicle. This development follows an order from the Indian Army for 18 units of the ATV. The vehicles are expected to be deployed in the high-altitude region of Ladakh for operations at extreme conditions. Moreover, Pakistan is fielding ATVs in the Kutch region for troop transportation purposes.
Ishq Wala Love singer Salim Merchant is now owner of Rs 12.85 crore commercial property in Mumbai’s Santacruz
Composer Salim Merchant, known as one half of the composer duo Salim-Suleiman, recently bought a commercial property in Mumbai’s Santacruz for a staggering Rs 12 crore.
BSF apprehends four Pakistani fishermen in Kutch, seizes boat
Four fishermen from Pakistan's Sindh province were apprehended by the Border Security Force in Gujarat. They had entered Indian waters for crab-catching activities near Sir Creek on Sunday. The BSF acted on specific intelligence inputs during the operation that led to their capture. Additionally, a Pakistani fishing boat was also seized alongside the fishermen. The apprehended individuals have been identified as Kadir Thaimor, Muhammad Mussa, Azgar Thaimor, and Ahsan Jat.
Govt to bankroll half the cost of deepwater wells, but wants its money back from winners
The Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provide financial assistance up to 50 percent of the costs for exploratory wells. Eligible wells will have a cost cap, and only state-run firms can apply for funding. The government expects repayment only if successful oil or gas is discovered during the exploration.
Government extends deepwater drilling support to previously awarded blocks
The Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued guidelines extend this support to previously awarded Open Acreage Licensing Policy and Discovered Small Field blocks. Additionally, the financial assistance covers seismic surveys and a portion of exploratory well costs. Recovery of government funding will begin after commercial production or upon recovering 50% of costs.
Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling risk
The Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of the drilling costs for exploratory wells to enhance oil reserves. The initiative aims to reduce dependence on imported hydrocarbons while stimulating investment in offshore basins. Shared infrastructure support will also aid in connecting small discoveries for production.
Industry body seeks higher duty on copper used in solar module
The Indian Primary Copper Producers Association has urged the government to raise customs duties on solar copper products. They recommend increasing the duty on solar PV ribbon and busbars from 5% to 10%. The association also requests maintaining existing duties on refined copper and copper pipes. Domestic production is underutilized due to imports from China affecting the market.
Adani's Kutch Copper plans 115 MW renewable energy push at Mundra refinery
Kutch Copper Ltd, a part of Adani Enterprises, plans to integrate 115 megawatts of renewable energy into operations. The copper refinery in Mundra aims to expand from 500,000 tonnes to 1 million tonnes per annum. This expansion would make it the world's largest single-location custom smelter. Kutch Copper is committed to environmental stewardship by treating nearly all sulphur emissions and conserving water resources. The Adani Group has pledged USD 1.
Adani Enterprises has finally got strong winds filling its sails
Adani Enterprises’ outlook is improving as several incubated businesses reach commercial scale. CARE Ratings has upgraded AEL to AA, citing stronger financial flexibility after its ₹15,000-cr QIP and Adani Airports monetisation. Airports, Kutch Copper and roads are expected to drive FY27 earnings, while data centres, new energy, defence and aluminium offer longer-term growth.
CARE upgrades Adani Enterprises to ‘AA’, retains ‘stable’ outlook
CARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhanced financial adaptability, attributed to recent capital influx and subsidiary stake divestitures. With profit growth likely, supported by a resurgence at Kutch Copper Limited and continued airport operations, coupled with the promoter family's substantial holdings, Adani's strategic significance is reinforced.
Factories of future: Built on 25 years of reform & execution
India's industrial sector has seen significant growth under Modi's leadership, emphasising infrastructure development and reforms. The Vibrant Gujarat Summit initiated a strategic approach to enhance ease of doing business. Recent trade agreements have expanded access to global markets for Indian manufacturers.
Manipur Cabinet adopts resolution marking PM Modi’s 25 years in public service
Manipur Chief Minister Yumnam Khemchand Singh announced the Cabinet's resolution thanking Prime Minister Modi for his service. The resolution acknowledged the Prime Minister's contributions to India's growth and support for the Northeastern region. Significant initiatives under his leadership include infrastructure developments, healthcare improvements, and educational advancements in Manipur. The Prime Minister's efforts have helped lift millions out of poverty and enhance public services.
SC stays coercive action against Tata Chemicals over environment damage to marine sanctuary
The Supreme Court granted Tata Chemicals relief from coercive actions while reviewing a Gujarat High Court verdict. Senior advocate Abhishek Singhvi represented Tata Chemicals, emphasizing environmental degradation and encroachment issues. The high court previously dismissed the company's plea concerning government land used for wastewater discharge. Furthermore, the Gujarat Pollution Control Board has been tasked with assessing the environmental impact and remediation measures.
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