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News Pipe Editor: Irfan Akhbarwala, Email:
DHFL warns it may not survive 
Date: 15 Jul 2019

NEW DELHI  - One of India`s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation was so grim that it may not survive. The company said it was "undergoing substantial financial stress" and its ability to raise funds was "substantially impaired and the business has been brought to a standstill with there being minimal/virtually no disbursements."
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PM Modi Assures Jamia Vice Chancellor Of Aid In Setting Up Of Medical College 
Date: 07 Jul 2019

Jamia Millia Islamia vice-chancellor briefed PM Modi on academic and research activities in the university and also informed him about the centenary celebrations of Jamia next year. Prime Minister Narendra Modi Saturday met Jamia Millia Islamia vice-chancellor Najma Akhtar and assured her of all assistance in setting up a medical college-cum-hospital during her tenure. She briefed PM Modi on academic and research activities in the universit
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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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The Noida-Greater Noida Metro Rail line also called the `Aqua line` is likely to be inaugurated on January 25 
Date: 23 Jan 2019

The Noida-Greater Noida Metro Rail line also called the `Aqua line` is likely to be inaugurated on January 25 by Uttar Pradesh Chief Minister Yogi Adityanath, reported news agency Press Trust of India (PTI) citing the Noida Metro Rail Corporation (NMRC) officials. The rail corridor would run between Sector 51 station in Noida and the Depot Station in Greater Noida. There are a total of 21 stations on the corridor - 15 of them in Noida and six in Greate
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Defence Chief James Mattis Quits Day After Trump Announces Syria Pullout 
Date: 21 Dec 2018

Washington:  US Defense Secretary Jim Mattis resigned on Thursday, a day after President Donald Trump shocked the US establishment by pulling out of Syria. In a letter to Trump, Mattis suggested his world view, which favors traditional alliances and standing up to "malign actors," stands at odds with the president`s. "Because you have the right to have a Secretary of Defense whose views are better aligned
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Highways may get their old numbers back 
Date: 28 Nov 2018

The new names of highways have created confusion as people know major stretches by their old names. It’s not just road-users but even officials in the highway  ministry and National Highway Authority of India are confused about the new numbers of national highways across the country. Even seven years after the old numbers were changed, tenders floated by NHAI mentions Delhi-Mumbai stretch as NH 8 instead of its new name, NH 48.
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Giant Wheel Of Highway - Western Peripheral Expressway opens today 
Date: 19 Nov 2018

NEW DELHI: With Prime Minister Narendra Modi inaugurating the Kundli-Manesar-Palwal stretch, or the Western Peripheral Expressway (WPE), Delhi will now have a third ring road around it which will divert heavy traffic that passes through Delhi but is bound for other parts of the country. PM Modi had inaugurated the first leg of the project, the Eastern Peripheral Expressway, in July this year. With the second leg opening today, the expressway will be
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Land pooling policy approved by DDA: Details 
Date: 08 Sep 2018

Around 19,000 hectares of land will be developed in Delhi as part of the land pooling policy, which was approved by the Delhi Development Authority (DDA) on September 7. It has now been forwarded to the Ministry of Housing and Urban Affairs for approval. The policy was cleared after five years at DDA`s board meeting chaired by Lieutenant Governor Anil Baijal. As part of the policy, 17 lakh dwelling units are expected to come up, out of which 15 perc
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