#InfrastructureProjects Archives

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.

Five major proposals from Railways and Highways Ministries receive NPG nod

News Orbiter Bureau24 July 202524 July 202504 mins

In a step forward towards strengthening India’s multimodal transport network, the 97th meeting of the Network Planning Group (NPG) was convened to evaluate key infrastructure projects under the PM GatiShakti National Master Plan. The inter-ministerial body reviewed five strategic proposals—three from the Ministry of Road Transport and Highways (MoRTH) and two from the Ministry of…

Modi lays foundation of development works, inaugurates Shankaracharya’s statue at Kedarnath Dham

News Orbiter Bureau6 November 20217 November 202102 mins

In a big boost to Kedarnath Dham, Prime Minister Narendra Modi reviewed the execution of various ongoing infrastructure works, besides laying foundation stones of various development projects at this most sacred pilgrimage centre of Lord Shiva. Visiting Kedarnath himself, Modi also inaugurated the statue and the Samadhi of Adi Sharnkaracharya at holy site. While PM…