Corporate India

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

Oil and Natural Gas Corporation (ONGC) initiated a comprehensive cost optimisation programme to achieve ₹9,300 crore in savings by FY27. This move prepares the PSU for a future with oil prices around $60 per barrel while fighting production decline.

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.

Corporate India

Governance

Government Sanctions ₹6,982 Crore Additional Capital for BSNL’s 4G Expansion

In a major push for India’s public sector telecom, the government has greenlit a fresh capital injection of ₹6,982 crore for BSNL, earmarking the funds specifically for the nationwide expansion of its 4G network. This move is part of a broader strategy to bolster BSNL’s financial health and competitive standing against private players.

Infrastructure and Real Estate

MoHUA organised Swachchotsav, Garbage Free Cities campaign

News Orbiter Bureau29 March 202301 mins

Ministry of Housing and Urban Affairs organised a campaign to recognise and celebrate the transition to women-led sanitation from women in sanitation. To celebrate this it organised a series of events and activities across cities. It particularly also aimed at making the Garbage Free Cities mission a success. The 3-week campaign culminated in a Swachhotsav event as a run up to the International Day of Zero Waste.

News Orbiter Bureau

News Orbiter runs a 24/7 news bureau that tracks the intersections of governance, policy, business & economy, infrastructure & real estate with specialised insights into India’s growth story. The bureau manages a policy-business-intelligence hub, delivering clarity, context, and depth on the decisions shaping India’s governance, economy, and industry.