Coal India Secures Rare Earth Block Licence

23 Jan 2026 CW Team

Coal India Ltd (CIL) has received a mineral concession licence from the Ministry of Mines for the Kawalapur rare earth element (REE) block in Maharashtra, marking a significant step in its expansion into the critical minerals segment.

The licence grants Coal India rights over the block for a period of five years, the company said in a regulatory filing. The development is seen as a strategic milestone in CIL’s efforts to diversify beyond coal and strengthen its presence in minerals that are vital for advanced technologies and clean energy applications.

Rare earth elements play a crucial role in sectors such as renewable energy, electric vehicles, electronics and defence. By securing the Kawalapur block, Coal India aims to position itself within India’s emerging critical minerals ecosystem, aligning with national priorities to reduce import dependence and enhance supply chain security.

The move reflects Coal India’s broader strategy to leverage its mining expertise and infrastructure to tap new opportunities in strategic resources, supporting India’s long-term industrial and technological ambitions.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..