Corporate India

GRSE Lays Keel for ARS

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Corporate India

ONGC’s Cost Cutting Drive Targets ₹9,300 Crore Savings

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Corporate India

RBI Allows Banks to Fund Corporate Acquisitions

The Reserve Bank of India will now permit banks to finance mergers and acquisitions by Indian corporates. This new framework significantly expands the scope of capital market lending for the banking sector.

Corporate India

India Indigenous Nuclear Reactor Project Draws Interest ftom Corporate Giants

India’s largest corporate groups, including Reliance and Adani, show strong interest in NPCIL’s tender for the Bharat Small Reactors (BSR). The project, using indigenous PHWR technology, marks the first major entry of the private sector into nuclear generation, with a project deadline now set for March 2026.

SAIL achieves a major distinction through Government-e-Marketplace

Vishal Duggal13 November 202216 February 202301 mins

By Saranjeet Kaur Sethi

Steel Authority of India Limited (SAIL) has become the first Central Public Sector Enterprise (CPSE) that has achieved a major milestone of procurement value of Rs 10,000 Crore. It has achieved this distinction through the Government-e-Marketplace (GeM).
SAIL has played an active role in creating different functionalities with aim to enhance the reach of GeM portal. It was in FY’18-19 SAIL begun with achieving Rs. 2.7 Crore, this year it successfully crossed the total value of Rs. 10,000 Crore and it was the largest CPSE procurer on GeM in last FY.
SAIL achieved the value of value of Rs. 4,614 Crore in last financial year, while in the current fiscal, it has surpassed its earlier achievement with procurement of over Rs. 5,250 Crore. Further, SAIL is is committed to increase the volumes on GeM substantially.

Vishal Duggal

Vishal Duggal possesses over two decades of journalistic experience across print and web domains. He headed the editorial team of “Sahara Time” a 48-page general interest English weekly newspaper. He was also a senior editor with Exchange4media group’s real estate magazine “Realty Plus” and prior to that Consulting Editor with “Geopolitics” a magazine on defence and strategic affairs, and Executive Editor with Pravasi Indians, a magazine on the global Indian diaspora. Currently, he lends his professional expertise to several publications and websites.