#Construction #RealEstate #COVID19 #Lockdown #NOIDAGhaziabad #NAREDCO #Builders Archives

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.

Barring Gurugram Faridabad, construction banned in Noida, Ghaziabad for now

News Orbiter Bureau22 April 202011 June 202003 mins

As per the fresh guidelines issued by the local administrations of the NCR region, the ban on construction activity in Noida and Ghaziabad has been extended till May 3. On the contrary, the builders in Gurugram and Faridabad in Haryana have been allowed to resume construction work, but only after they get all the necessary…