Raichur Airport Project Secures Environmental Clearance

04 Apr 2025 CW Team

The Raichur Greenfield Airport Project has received environmental clearance from the Union Ministry of Environment and Forests, marking a significant milestone in enhancing air connectivity for the Kalyan Karnataka region. This development is expected to play a crucial role in the socio-economic growth of the area, which has long faced challenges due to inadequate transport infrastructure.

According to an official release from the Ministry of Science and Technology and Minor Irrigation, the environmental nod paves the way for the commencement of work on the much-anticipated airport project. The airport is set to be developed near Raichur, a region that has historically been categorized as backward, and is part of the Kalyan Karnataka developmental focus area.

The project is aimed at improving accessibility and boosting connectivity within Karnataka and to other parts of the country. With the airport in place, the region is expected to attract investments, promote tourism, and facilitate better movement of goods and people. This infrastructure development is likely to create employment opportunities and support various sectors such as agriculture, education, and healthcare through faster connectivity.

The airport also aligns with the broader vision of the state and central governments to bring balanced regional development and reduce disparities between urban and rural areas. By addressing a long-standing demand for air transport facilities in the region, the Raichur Greenfield Airport is projected to be a key enabler in transforming the local economy and integrating Kalyan Karnataka more effectively into the state’s growth framework.

News source: The Hindu

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..