Latest news with #andSafety
Mint
4 days ago
- Business
- Mint
Upcoming IPO: Jainik Power and Cables IPO opens on June 10; issue price band set at ₹100-110 apiece; check GMP
Upcoming IPO: Jainik Power and Cables Ltd IPO will open for subscription on Tuesday, June 10 and close on Thursday, June 12. Jainik Power and Cables IPO price band has been fixed in the range of ₹ 100 to ₹ 110 per equity share of face value of ₹ 10 each. Bids can be made for a minimum of 1,200 equity shares and in multiples of 1,200 equity shares thereafter. Jainik Power and Cables Limited has been producing aluminum wire rods since 2023 and boasts over ten years of experience in the metal sector, having previously engaged in the trading of aluminum rods. The firm manufactures and distributes aluminum wire rods while complying with Environmental, Health, and Safety (EHS) regulations, as evidenced by its ISO certifications. Its Quality Assurance Department performs purity assessments utilising spectrometers to identify concealed impurities. The company markets its products across the regions of Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. As per the red herring prospectus (RHP), the company's listed peers are Hind Aluminium Industries Ltd (with a P/E of 13.73), and Arfin India Ltd (with a P/E of 43.23). Jainik Power and Cables IPO consists of a fresh issue of 46,63,200 equity shares, aggregating to ₹ 51.30 crore. There's no offer for sale (OFS) component. The Jainik Power and Cables IPO aims to use the net proceeds from the offering for several purposes, including meeting working capital needs, funding and establishing a plant, repaying part of the loans taken by the company, covering general corporate expenses, and addressing issue-related costs. Fast Track Finsec Pvt Ltd is the primary lead manager for the Jainik Power and Cables IPO, whereas Skyline Financial Services Private Ltd acts as the registrar for the offering. The market maker for the Jainik Power and Cables IPO is Rikhav Securities Limited. Jainik Power and Cables IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 110 with no premium or discount in the grey market according to 'Grey market premium' indicates investors' readiness to pay more than the issue price.
Mint
4 days ago
- Business
- Mint
Upcoming IPO: Jainik Power and Cables IPO opens on June 10; issue price band set at ₹100-110 apiece; check GMP
Upcoming IPO: Jainik Power and Cables Ltd IPO will open for subscription on Tuesday, June 10 and close on Thursday, June 12. Jainik Power and Cables IPO price band has been fixed in the range of ₹ 100 to ₹ 110 per equity share of face value of ₹ 10 each. Bids can be made for a minimum of 1,200 equity shares and in multiples of 1,200 equity shares thereafter. Jainik Power and Cables Limited has been producing aluminum wire rods since 2023 and boasts over ten years of experience in the metal sector, having previously engaged in the trading of aluminum rods. The firm manufactures and distributes aluminum wire rods while complying with Environmental, Health, and Safety (EHS) regulations, as evidenced by its ISO certifications. Its Quality Assurance Department performs purity assessments utilising spectrometers to identify concealed impurities. The company markets its products across the regions of Delhi, Haryana, Rajasthan, Uttar Pradesh, and Uttarakhand. As per the red herring prospectus (RHP), the company's listed peers are Hind Aluminium Industries Ltd (with a P/E of 13.73), and Arfin India Ltd (with a P/E of 43.23). Jainik Power and Cables IPO consists of a fresh issue of 46,63,200 equity shares, aggregating to ₹ 51.30 crore. There's no offer for sale (OFS) component. The Jainik Power and Cables IPO aims to use the net proceeds from the offering for several purposes, including meeting working capital needs, funding and establishing a plant, repaying part of the loans taken by the company, covering general corporate expenses, and addressing issue-related costs. Fast Track Finsec Pvt Ltd is the primary lead manager for the Jainik Power and Cables IPO, whereas Skyline Financial Services Private Ltd acts as the registrar for the offering. The market maker for the Jainik Power and Cables IPO is Rikhav Securities Limited. Jainik Power and Cables IPO GMP today or grey market premium was ₹ 0, which meant shares were trading at their issue price of ₹ 110 with no premium or discount in the grey market according to 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Yahoo
19-05-2025
- Climate
- Yahoo
Fremont County begins project to extinguish over 20-year-old burning coal pile
(FREMONT COUNTY, Colo.) — The Colorado Division of Reclamation, Mining, and Safety (DRMS) announced Phase One of the Corley Mine Surface Burn Mitigation Project to extinguish a coal pile that has been burning for over two decades. The project aims to address a 1.5-acre surface coal refuse pile that has been actively burning for over two decades due to spontaneous combustion. Construction is scheduled to begin Monday, May 19, and is expected to be completed by Thursday, Sept. 4. The pile measures approximately 35 feet tall, 150 feet wide, and 300 feet long, and is located south of Florence. The pile is the legacy of historical coal mining on site, which saw operations by 15 different mines between the 1920s and the 1990s. The project is being funded through the federal funds established to reduce the impacts of coal mines and communities, and has an accepted bid amount of $853 million. DRMS said they would oversee the mechanical excavation of an estimated 82,400 cubic yards of hot burning material, and each yard of burning coal will be quenched with water at a rate of give gallons per cubic yard. Once quenched, the water would be blended 1:1 from onsite waste piles, cooled, and then backfilled. Excavation and backfill activities will cover a total of 164,800 cubic yards over 9.5-acre site. To reduce fire danger, 9.5 acres of vegetation will be cleared around the active area, and 20,000 gallons of water will be available onsite at all times during hot work. The project will halt if there are sustained winds exceeding 25 miles per hour or if weather conditions present an immediate wildfire risk. After excavation is done, Phase Two, 'Geomorphic Regrade and Revegetation,' will begin: Cold material backfilled and contoured to match natural topography and minimize erosion Native seed mix planted for site rehabilitation Long-term stabilization of the site through natural landform design The project is not expected to impact any public roads, trails, or recreational areas. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
TECHx
16-05-2025
- Business
- TECHx
EcoOnline Expands to Middle East with New Regional Director
Home » Green Tech » EcoOnline Expands to Middle East with New Regional Director EcoOnline, a global provider of safety and sustainability software, has announced its expansion into the Middle East. The move reinforces the company's commitment to supporting the region's industrial and regulatory transformation. As part of this expansion, EcoOnline has appointed Nicholas Matta as Regional Director, Middle East. He will lead the next phase of regional growth and help organisations achieve their health, safety, and sustainability goals. Nicholas Matta is a seasoned expert in Environment, Health and Safety (EHS) and Environmental, Social and Governance (ESG). He brings deep regional experience across the Middle East. His background spans project delivery and commercial leadership, offering a holistic view of risk, compliance, and business transformation. Previously, he held leadership roles at Enablon. He is well known for building strong, culturally aligned relationships in the region. At EcoOnline, he will drive partner engagement, customer adoption, and go-to-market strategies. He will also oversee business development in the Benelux region. Nicholas Matta commented, 'I am proud to be part of EcoOnline's journey in the fast-growing Middle East region. There is a clear opportunity to close market gaps in areas like lone worker protection and chemical safety — challenges that are too often overlooked despite their risk. EcoOnline is uniquely positioned to address these needs with intuitive, people-centered solutions that deliver lasting impact at every level of an organisation.' The company reported that the Middle East is undergoing rapid industrial and economic growth. National initiatives like Saudi Arabia's Vision 2030, the upcoming World Expo 2035, and mega-projects such as The Line in NEOM are driving transformation. Since 2016, Saudi Arabia has seen a 60% increase in industrial facilities. The IMF has forecasted 6.7% cumulative economic growth over the next two years. This momentum is increasing the demand for safe, sustainable, and compliant operations, particularly in: Construction Manufacturing Energy sectors These industries face growing pressure to meet international standards in both sustainability reporting and frontline risk management. Gareth Palmer, SVP Channel & Alliances, said, 'The Middle East is at a critical inflection point, with ambitious national agendas driving industrial growth and employment. We see a clear opportunity — and responsibility — to help companies build a safer, more sustainable world of work. By combining local expertise with a global partner ecosystem, we can support organisations navigating this transformation, not just with technology, but with long-term, trust-based collaboration.' EcoOnline is already gaining traction in the region. The company is working with global partners such as DSS+, VPWhite, and WSP. The expansion builds on EcoOnline's foundation in Europe, North America, ANZ, and South Africa. It reflects the company's ongoing commitment to high-impact industries with software that improves safety culture, compliance, and environmental performance.
Irish Daily Mirror
23-04-2025
- Health
- Irish Daily Mirror
Irish paramedics claim fatigue putting lives at risk after ambulance overturns
Paramedics across the country claim their lives are being put at risk because of fatigue. One crew had a lucky escape this week when their ambulance crashed into a ditch and overturned on a road on their way home to Castlebar, Co Mayo, after they delivered a patient from Sligo General Hospital to Galway University Hospital. It is understood the crew were asked to do the extra duty call after their marathon 12-hour shift had ended. Paramedics nationwide claim this is now a regular occurrence and they are often asked to do 16 hours a day because of demand on the system. It is believed the crew involved in the west of Ireland accident blamed tiredness for the incident. They had been working all night. No other vehicle was involved and thankfully neither of them were seriously injured. Luckily there was also no patient in the ambulance at the time. A senior paramedic who revealed details of the incident said: "This happens all the time, a 12-hour shift can be a 13, 14, 15 or 16 hours shift. We are sick of working extended duty and we never get finished on time. "But to be sent on a hospital to hospital transfer like this crew were, after working all night, is wrong. "It is dangerous and unfortunately we are going to see more of these accidents caused by fatigue if something urgent is not done about it. "If we say 'No', the Control Room asks us, 'are you refusing to do the call?' and our paramedic staff are terrified they will be disciplined as a result. "They are accepting these calls after their shift is finished out of fear when they should do a dynamic assessment and say 'no'." In a statement the HSE said: "The HSE can confirm that a National Ambulance Service vehicle returning from an incident was involved in a single vehicle collision. "No patient was on board and no staff injuries have been reported. Local line management is following up on the incident in line with normal HSE procedures." The HSE said the NAS Emergency Care Service provided 24/7 services, 365 days of the year with vehicles covering in excess of two million kilometres per month. It stated: "Rostering arrangements for staff are agreed with the trade unions and provide for most staff to work 14 shifts per month or an average of 169 shifts per year. Working arrangements must comply with Health and Safety regulations."
