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News Pipe Editor: Irfan Akhbarwala, Email:
Grant Thornton opens first IL&FS can of worms, and it`s Rs 13,000 cr worth of fishy deals 
Date: 04 Mar 2019

MUMBAI: Transactions worth more than Rs 13,000 crore at Infrastructure Leasing & Financial Services (IL&FS) could be linked to irregularities such as conflicts of interest, inadequate risk assessment and deviation from banking norms, audit firm Grant Thornton India has said in its interim report to the board of the embattled infrastructure financier. The 166-page report, a copy of which was seen by ET, details 10 major anomalies, grouping to
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Metro to Jewar airport planned via Aqua Line, decision this month 
Date: 21 Feb 2019

GREATER NOIDA: As the UP government looks to launch the construction of the first phase of Jewar airport soon, it is considering building a 29km metro line to connect it with the newly commissioned Noida metro line. Pari Chowk has been proposed as the interchange station. Officials said DMRC, which built the Noida metro, has completed the techno-feasibility report of the 29km corridor. The report will be presented to the Yamuna Expressway Industrial
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Delhi Mumbai Expressway - Delhi Vadodara National Highway Will Be Its Part 
Date: 12 Feb 2019

 The Delhi Mumbai Expressway is an under-construction 1,250 km long controlled-access highway connecting the national capital Delhi with India`s commercial capital Mumbai. Under construction Mumbai Vadodara National  Expressway has been subsumed in this project. The total cost of the project is expected to be ₹1 Lakh Crore. It passes though the states of Haryana (80 km), Rajasthan (380km), Gujarat (120km), Madhya Pradesh (300km) and Maharashtra (
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Saudi Arabia To Build $10 Billion Oil Refinery In Pakistan's Gwadar 
Date: 11 Feb 2019

Saudi Arabia says it plans to set up a $10 billion oil refinery in Pakistan`s deepwater port of Gwadar, which is being developed with the help of China. "Saudi Arabia wants to make Pakistan`s economic development stable through establishing an oil refinery and partnership with Pakistan in the China-Pakistan Economic Corridor," Saudi Energy Minister Khalid al-Falih told reporters in Gwadar on January 12. Falih made the comments as
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According to RBI’s annual reports, it printed only ₹14.11 lakh crore demonetised notes, but got ₹15.28 lakh crore. 
Date: 06 Feb 2019

According to RBI’s annual reports, it printed only ₹14.11 lakh crore demonetised notes, but got ₹15.28 lakh crore. It indicates an excess of ₹1.16 lakh crore (₹11,66,50,00,00,000) coming back to banks It is increasingly becoming clear that Indians were conned by demonetisation. Now, it has been found that either the Reserve Bank of India (RBI) is fudging records or lying on behalf of the government. In layman’s
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