# Archives - News Orbiter

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.

Naredco completes 24 years, celebrates its foundation day

News Orbiter Bureau28 August 202228 August 202202 mins

National Real Estate Development Council (NAREDCO), an autonomous self-regulatory apex national body under the aegis of Ministry of Housing & Urban Poverty Alleviation, celebrated its foundation day. It was also an occasion to mark the 24 years of existence of NAREDCO, which was established in 1998. Speaking on the occasion, Gautam Chatterjee, Founder and Chairman…

SVAMITVA to provide ownership rights to rural households through property cards

News Orbiter Bureau13 October 202013 October 202001 mins

Emerging as a powerful tool to provide record of rights to rural households across the country, the Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) yojana launched by the Prime Minister Narendra Modi is set to bring in historical changes across the villages of the country. Under this scheme, property cards…