India: The Karnataka High Court has overturned a US$50m penalty applied by the state government over limestone mining operations in Kalaburagi district on cement producer ACC, in a major relief to its parent company Adani Group. A division bench of Chief Justice Vibhu Bakhru and Justice KS Hemaleka also directed the Department of Mines and Geology to restore ACC's full access to the Integrated Lease Management System (ILMS) portal.
High Court overturns US$50m ACC fine
