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Reliance to Launch New Project, Which Will Use Plastics in Road Construction

Professor of Financial Economics and Part-time Value Investor, Transfin.
Jan 31, 2020 7:58 AM 1 min read

Reliance to launch new project to use plastics in road construction.



Tata Sons might seek help from TCS to clear Tata Teleservices’ AGR dues.

Charity Begins at Home: Tata Sons has kicked off the process of arranging funds to pay off the statutory AGR dues worth ₹13,823cr ($1,941m) owed by Tata Teleservices, and is likely to bank on Tata Consultancy Services (TCS) to source the required funds. 


The development comes even as the Supreme Court is expected to hear modification plea by Vodafone Idea, Bharti Airtel and Tata Teleservices this week for the extension of deadline to pay the AGR dues. ET


Reliance to launch new project to use plastics in road construction.

Also This: Reliance Industries is gearing up to launch a new project, which will see usage of plastics in road construction. The news comes amidst Prime Minister Narendra Modi's push to end consumption of single-use plastics by 2022. 


Light plastics, the type used as carry bags or snack wrappers, are typically not viable to recycle and so end up in landfills, street corners or oceans. Reliance wants to shred these plastics and mix them with bitumen, a formula the conglomerate says is cheaper and longer-lasting.


The company is planning to work with India's highway authority and individual states to supply a plastics-infused mix to build roads. Indian Express


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