conservationdevelopmentenvironmentlawurban planning

Bombay HC Questions BMC On Survival Of 1.37 Lakh Compensatory Mangroves For Dahisar–Bhayandar Coastal Road Project

The Bombay High Court on Wednesday said it wants to “fix responsibility” on authorities to ensure that compensatory afforestation actually survives while hearing a petition filed by the Brihanmumbai Municipal Corporation (BMC) seeking permission to cut over 4,000 mangroves for the extension of the Mumbai Coastal Road, from Dahisar to Bhayandar.

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Maynilad lowers IPO price ceiling to P15 per share

MANILA, Philippines — Maynilad Water Services Inc. has cut the maximum offer price for its initial public offering (IPO) to P15 per share from P20 per share after locking in cornerstone investors. This values the prospective equity deal at P34.33 billion at the most, down from P45.8 billion previously. It follows the commitment of International Finance

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EU eyes higher steel tariffs, taking page from US

BRUSSELS, Belgium — The European Union will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the bloc’s industry chief Stephane Sejourne told the sector on Wednesday, mirroring US moves. Brussels will unveil new measures next week to protect the steel sector that will replace a current “safeguard clause” expiring