
CIL's prospects expect to rise amid increased power demand

IAS Officer M Angamuthu Appointed Chairman of Mumbai Port Authority
M Angamuthu, a 2002-batch Indian Administrative Service (IAS) officer of the Assam-Meghalaya cadre, was appointed chairman of the Mumbai Port Authority (MbPA) on Saturday. He will assume charge later this week, succeeding Sushilkumar Singh, chairman of Deendayal Port Authority, who had held additional charge of MbPA since October 2024 following the retirement of former chairperson Rajiv Jalota.Angamuthu, previously chairman of the Visakhapatnam Port Authority, brings extensive administrative experience to the role. He is a former commissioner and secretary to the Government of Assam and has al..

Adani Road to Acquire D P Jain TOT Toll Roads for Rs 13.42B
Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) on 11 September 2025 to acquire a 100 per cent stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The acquisition, valued at an enterprise value not exceeding Rs 13.42 billion, is subject to regulatory approvals and customary conditions.Under the agreement, ARTL will acquire the stake from D P Jain TOT Toll Roads Pvt. Ltd (DPJTOT), D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd.The transaction details have been disclosed pursuant ..

All-Women Team Commissions 100-Tonne Dump Truck at Tata Steel
In a record-setting development in India’s mining and construction equipment sector, an all-women team from Larsen & Toubro’s Construction & Mining Machinery business (L&T CMB) has commissioned a 100-tonne dump truck at Tata Steel’s Noamundi iron ore mine in Jharkhand.This marks the first instance in India where a machine of such scale and complexity has been assembled, tested and commissioned entirely by women technicians. The milestone reflects L&T’s commitment to fostering gender inclusivity and empowering women in traditionally male-dominated industries.The Komatsu ..