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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
NLC India bags critical mineral block in Telangana
By PTI · 2026-06-12 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

State-owned NLC India Ltd on Friday said it has secured a critical mineral block in Telangana.

In a stock exchange filing, the company said NLC India has been “declared as preferred bidder for critical and strategic mineral block auctions conducted by the Ministry of Mines”.

The company said it has been declared the preferred bidder for the Parvathapur vanadium, titanium, and aluminous laterite block in Sanga Reddy, Telangana, following the critical and strategic mineral block auction held on June 11 by the ministry.

NLC India's core business includes mining of coal and lignite as well as power generation.

State-run NLC India Ltd (NLCIL) on Thursday said it has signed a pact with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, for collaboration in the field of critical and strategic minerals beneficiation and extraction technologies.

Under the memorandum of understanding (MoU), detailed studies will be undertaken on overburden materials and tailings generated from NLCIL's Neyveli Mines to assess the potential for extraction and recovery of rare earth elements (REEs) and other trace elements.

Both parties will also explore similar opportunities across other mining and exploration projects of NLC India, with the objective of developing sustainable and economically viable technologies for resource recovery from secondary sources.

Published on June 12, 2026