https://www.taxtmi.com/news?id=48582 Hindustan Copper has signed an MoU with an international copper producer to secure technical expertise for deep exploration, underground development and capacity building, with scope for a joint venture to develop copper blocks abroad. Concurrently, a performance audit by the Comptroller and Auditor General found planning, contractor selection and execution lapses, including award of a major contract to a financially weak and blacklisted firm, resulting in cost overruns, ad hoc payments and alleged revenue loss, creating governance and compliance implications for the company's expansion plans. en-us Sun, 06 Jul 2025 12:46:03 +0530 Sun, 06 Jul 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48582 Hindustan Copper has signed an MoU with an international copper producer to secure technical expertise for deep exploration, underground development and capacity building, with scope for a joint venture to develop copper blocks abroad. Concurrently, a performance audit by the Comptroller and Auditor General found planning, contractor selection and execution lapses, including award of a major contract to a financially weak and blacklisted firm, resulting in cost overruns, ad hoc payments and alleged revenue loss, creating governance and compliance implications for the company's expansion plans. News - Sun, 06 Jul 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=48582