Corporate India

GRSE Lays Keel for ARS

GRSE achieves a key milestone by laying the keel for the Advanced Acoustic Research Ship (ARS) for DRDO’s NPOL. The vessel, a leap beyond the Sagar Dhwani, will significantly enhance India’s acoustic and oceanographic research, reinforcing the Atmanirbhar Bharat initiative.

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.

Headlines

MP’s first Vande Bharat train kick-starts its operation

News Orbiter Bureau1 April 20231 April 202301 mins

The first Vande Bharat train of Madhya Pradesh (MP) was flagged off by the Prime Minister Narendra Modi from Rani Kamlapati Station, Bhopal. The country’s 11^th Vande Bharat train, it will run between Bhopal and Hazrat Nizamuddin station, New Delhi. Madhya Pradesh Chief Minister Shivraj Singh Chouhan, Governor of Madhya Pradesh, Mangubhai Patel and the Union Railway Minister Ashwini Vaishnav were also present on the occasion.

Speaking on the occasion just after the departure of the train, PM Modi said, while the journey between Bhopal and New Delhi will now be faster, the train will also bring new facilities for the businessmen, youth and professionals.

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.