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Good news: Pink Line Delhi Metro to open by Diwali
Posted on 16th October 2018
The Delhi Metro's Pink line will be opened by Diwali, according to various media reports. Pink line for Shiv Vihar-Trilokpuri Metro was scheduled to be opened in August as per a previous plan bu tthen the deadline got extended.

Pink Line Metro will ease connectivity between North East Delhi and South Delhi by connecting Shiv Vihar and Lajpat Nagar. The Shiv Vihar-Trilokpuri section will have 15 stations that will include Shiv Vihar, Johri Enclave, Gokulpuri, Maujpur, Jaffrabad, Welcome, East Azad Nagar, Krishna Nagar, Karkardooma Court, Karkardooma, Anand Vihar, IP Extension, Vinod Nagar, Vinod Nagar East, Trilokpuri. This part of Pink Line will also provide three interchange stations at Welcome, Karkardooma Court and Anand Vihar.

"SK Pathak will inspect Shiv Vihar-Trilokpuri Sanjay Lake section comprising 15 stations on October 20," said a DMRC section.

For the Pink line, the INA and Lajpat Nagar Metro stations have been converted into interchange stations to further boost the connectivity of these markets. The Sarojini Nagar and South Extension markets did not have any Metro connectivity till now.

Though the locations are well connected by buses, parking continues to be a major hassle for shoppers. Moreover, the markets cannot be reached in the late evening hours because of lack of public transport.

The stations, which will come up very close to the markets (within 50 metres) will facilitate the easy movement of shoppers to and from the markets. The INA Metro station also provides connectivity to Dilli Haat, one of Delhi's major tourist attractions.

The Durgabai-Lajpat Nagar route will have a total of six stations — five underground and one elevated including — Sir Vishweshwaraih Moti Bagh (elevated), Bhikaji Cama Place, Sarojini Nagar, INA, South Extension and Lajpat Nagar. The section has two interchange stations at INA and Lajpat Nagar. While INA will be an interchange facility between the Pink Line and the Samaypur Badli – HUDA City Centre (Line 2) Yellow Line, the Lajpat Nagar station will provide interchange between the Pink Line and the Kashmere Gate — Escorts Mujesar (Line 7) Violet Line.

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Natural gas production to rise by a third if output locked in ONGC, OIL fields opens up
Posted on 20th November 2018
India’s natural gas production will rise by a third provided the output locked in a dozen fields of state-owned ONGC and OIL is opened up by giving remunerative market prices, people with knowledge of the matter said. India currently produces about 90 million standard cubic meters per day (mmscmd) of natural gas and has ambitious plans to double output by 2022 to reduce its reliance on imports and replace some of the polluting liquid fuels to cut emissions.

Maruti ramps up production of Vitara Brezza
Posted on 20th November 2018
New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has ramped up the production of its compact SUV Vitara Brezza to reduce waiting period of the model.

The company has increased production of the vehicle by 10 per cent to 94,000 units during April-October period of the current fiscal as compared with same period of 2017-18.


Sensex drops over 100 points on global selloff, profit-booking
Posted on 20th November 2018
Mumbai: The benchmark BSE Sensex fell over 100 points in early session on Tuesday, breaking its three-day winning run as metal, IT, realty and banking stocks retreated, tracking sell-off in the global market.

The 30-share index dropped 104.41 points, or 0.29 per cent, to 35,670.47 points in opening trade. The gauge had rallied about 633 points in the previous three sessions.


Air India eyes 6,100 crore from aircraft sale, leaseback
Posted on 20th November 2018
Mumbai: Cash-strapped Air India Ltd expects to raise as much as $850 million (about 6,100 crore) by selling and leasing back seven wide-body aircraft over the next 15 days. The list includes six Boeing 787 (Dreamliner) and one Boeing 777 aircraft, which were delivered to the airline between November 2016 and March 2018, according to a tender posted on 16 November on the airline’s website.

Wipro appoints ex-IBM Bill Stith as healthcare head
Posted on 20th November 2018
New Delhi: Wipro Ltd has appointed former International Business Machines Corp. (IBM) executive Bill Stith to revive the fortunes of the Bengaluru-based company’s healthcare and life sciences division. Stith, who headed IBM’s healthcare and life sciences business in the US, is the third top external hire by chief executive officer Abidali Neemuchwala. His hiring is also Wipro’s third top-level management change in 2018.

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