2 power utilities recycle 8,800kg of plastic waste
Mumbai: Ahead of
World Environment Day
on Thursday, Tata Power said its Anokha Dhaaga Smart Circularity programme successfully converted 5,000kg of single-use plastic waste into recycled fabric products.
The initiative, operated by women across six centres, generated over Rs 20 lakh in fair trade earnings while addressing plastic pollution concerns through community engagement.
Adani Electricity, too, announced significant achievements in environmental conservation, specifically in reducing and eliminating single-use plastic across its operations. It successfully recycled over 3.8 tonnes of non-biodegradable plastic waste in the past three financial years. tnn
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Indian Express
22 minutes ago
- New Indian Express
Emu farm MD gets 10 years RI for Rs 7.61 crore fraud involving 385 investors
COIMBATORE: A special court for cases under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore on Friday sentenced the managing director of an emu farming company to 10 years of rigorous imprisonment for defrauding 385 investors to the tune of Rs 7.61 crore. The convict, MS Guru alias Gurusamy (46), was the managing director of Susi Emu Farms India Private Limited, headquartered at Perundurai in Erode district. He resided at Sakthi Nagar in Kunnathur, Perundurai. Special Judge M N Senthil Kumar handed down the sentence to Guru following a decade-long trial. In addition to the prison term, the court imposed a fine of Rs 7, 89,25,000 on the company and its director, of which Rs 7.89 crore is to be proportionately distributed among the duped investors, according to Special Public Prosecutor K Muthu Vijayan. The case dates back to 2012 when the Economic Offences Wing (EOW) in Salem district registered an FIR against the company and its MD. Investigations revealed that Gurusamy had launched the firm in 2010, operating out of Raja Street in Perundurai, and promoted fraudulent investment schemes under the guise of emu farming.
&w=3840&q=100)
First Post
33 minutes ago
- First Post
Mukesh Ambani donates Rs 151 crore to his alma mater ICT
The Reliance chairman spent over three hours at Mumbai-based ICT – formerly the University Department of Chemical Technology (UDCT) – during a function to launch Professor MM Sharma's biography, 'Divine Scientist' read more Mukesh Ambani, Chairman and Managing Director of Reliance Industries, on Friday (June 6) announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology (ICT), his alma mater from the 1970s. The Reliance chairman spent over three hours at Mumbai-based ICT – formerly the University Department of Chemical Technology (UDCT) – during a function to launch Professor MM Sharma's biography, 'Divine Scientist'. He reminisced about his first lecture at UDCT by Professor Sharma, which greatly inspired him. STORY CONTINUES BELOW THIS AD 'I realised he is an alchemist, not of metals, but minds: he has the power to transform curiosity into knowledge, knowledge into commercial value, and both knowledge and commercial value into everlasting wisdom,' he said. He highlighted how Professor Sharma quietly influenced India's economic reforms by convincing policymakers that the key to India's growth was freeing the industry from the license-permit-raj. This would enable Indian companies to scale up, reduce import dependence, and compete globally. 'Like my father, Dhirubhai Ambani, he had a burning desire to transform Indian industry from scarcity to global leadership,' said Ambani. He added, 'These two visionary leaders believed that science and technology, combined with private entrepreneurship, would lead to prosperity.' Acknowledging Professor Sharma's contributions to the rise of the Indian chemical industry, Ambani referred to him as 'a Rashtra Guru – a Guru of Bharat'. While discussing 'Guru Dakshina', Ambani announced the unconditional grant of Rs 151 crore to ICT, following Professor Sharma's guidance. 'When he tells us something, we just listen. We don't think. He told me, 'Mukesh, you have to do something big for ICT,' and I am very pleased to announce this grant for Professor Sharma,' said the Reliance chairman.
Time of India
37 minutes ago
- Time of India
Infosys gets relief as DGGI closes Rs 32,403 crore GST notice
Infosys , India's second-largest IT services firm, has received a closure in the goods and services tax (GST) demand notice for over Rs 30,000 crore. Infosys said it had received communication from the Directorate General of GST Intelligence (DGGI) 'closing' the pre-show cause notice proceedings for the financial years 2018–19 to 2021–22. 'With the receipt of today's communication from DGGI, this matter stands closed, the Bengaluru IT major said in a regulatory filing late evening on Friday. The closure report comes after the Karnataka State GST authorities in July last year had sent a Rs. 32,403 crore notice for non-payment of GST under the reverse-charge mechanism for services imported from its foreign branches during the period spanning July 2017 to March 2022. This amounted to 85% of its revenue for the quarter ended June 30 in FY25. Live Events In July and August 2024, Infosys said it had received and responded to the notice issued by DGGI. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories After the notice, the NR Narayana Murthy-founded company had said it paid all its dues and is in compliance with central and state regulations. In a separate regulatory filing on Friday to the NSE, the company said: 'It may be noted that the Company had received and responded to a pre-show cause notice issued by DGGI for the period July 2017 to March 2022 on the issue of non-payment of IGST under Reverse Charge Mechanism.' "The Company had on 3 August 2024 received a communication from DGGI closing the pre-show cause notice proceedings for the financial year 2017–18,' the company further said in the Friday filing. In the notice last year, the DGGI had stated that as the company creates overseas branches to service clients as part of its agreement with the clients, those branches and the company are each treated as 'distinct persons' under the IGST Act. "Thus, in lieu of receipt of supplies from overseas branch offices, the company has paid consideration to the branch offices in the form of overseas branch expense. Hence M/s Infosys Ltd Bengaluru is liable to pay GST under the reverse charge mechanism on supplies received from branches located outside India,' said the notice sent last year.
