Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.
The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.
Mathura resident Tarun Gautam has alleged in the court that police threatened his family and framed his son, a B.Tech student, in false cases under the Gangsters Act, and Arms Act.
Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.
Its proximity to popular tourist destinations like Agra, which attracts 45 per cent of the international passenger traffic at IGI, could be diverted to Jewar.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
The Jewar Airport or the Noida International Greenfield Airport will be spread over 5,000 hectares when fully built at an estimated to cost Rs 29,560 crore.
Tata Group's infrastructure and construction arm, Tata Projects, has bagged the contract to construct the upcoming Noida International Airport at Jewar, in Uttar Pradesh. As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport, Yamuna International Airport Private Limited (YIAPL) said in a statement on Friday. YIAPL is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a Special Purpose Vehicle to develop Noida International Airport. In 2019, Zurich Airport International AG won the bid to develop the airport.
The airport would comprise two runways and handle 70 million passengers and 3 million tonnes cargo annually when fully developed.
Praveen Kumar expressed his sentiments without naming anyone, saying he would have been happier if other Paris Paralympics medallists had also been honored.
Ducati would like to develop a motorbike racetrack on the lines of the Buddh International Circuit.
Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
Being touted as a competitor to the country's busiest Delhi airport -- which handles approximately 1,200 flights a day -- the Noida airport was expected to start flight operations by the end of this year. But supply-chain disruption, caused by pandemic and subsequent global upheaval, has hit the pace of construction at the airport which is coming up in the Jewar area of UP's Gautam Budh Nagar, some 75-km from the Delhi airport.
The tableau also depicts the first-ever operational high-speed regional rapid transit system (RRTS) of the country. It was launched by Prime Minister Narendra Modi on the priority section of its first corridor in October.
A source in the know said realistically two-three of the seven bullet train corridors could be included as a practical election promise.
'The CM wants to develop a Film City that would provide the entire value chain of film-making services and infrastructure in one place.'
Indian sweet, snack, and restaurant chain group Bikanervala, with revenues of over Rs 3,000 crore, is working towards an initial public offering (IPO) for its food company in the next three years. Before that, it could also bring in private equity (PE) investors. The low-profile Aggarwal family-owned group company, Bikanervala Foods (which also sells under the brand name Bikano), operates in the snack business.
A myth was nurtured for nearly three decades that any chief minister of Uttar Pradesh who visited Noida in Gautam Buddh Nagar district was doomed to go out of power.
If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.
Seema Ghulam Haider, around 30, and Sachin Meena, around 25, were arrested on July 4. While Seema was charged with illegally entering India, Sachin was booked for sheltering the illegal immigrant.
The Delhi-Dausa-Lalsot stretch is set to reduce the travel time between the national capital and Jaipur considerably.
After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state's economic growth. Air travel, comprising both business and leisure, is expected to give a fillip to the socioeconomic landscape by attracting fresh investment. It would also ramp up infrastructure and create jobs.
Netaji Subhas Chandra Bose had formed this government and taken oath as prime minister on October 21, 1943."
Officials said protests took place at 17 places across the state, including Ballia, Aligarh, Gautam Buddh Nagar and Varanasi.
Make sure that the person you are buying the plot from is the rightful owner.
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said the country has to decide if the sweetness of sugarcane will grow or the followers of Pakistan founder Muhammad Ali Jinnah will cause mischief in the state, in a veiled attack on the Samajwadi Party (SP).
The man also went live on Facebook five times from the protest site and the cover picture of his profile showed him holding a sword.
Instead government has given a go ahead for an international airport at Jewar in Greater Noida to decongest New Delhi airport
However, the RLD leader gave a terse response. 'Invite those +700 farmer families which you have destroyed, not me,' he tweeted in Hindi.
French aerospace major Thales Group is eyeing major expansion in India. The group has started planning to set up a maintenance, repair, and overhaul (MRO) organisation in India to support Indian airlines - many of which are its customers for avionics support. "We are looking to set up an MRO, so that they don't have to travel to West Asia or Singapore. "Final decision is yet to be taken, but this is a clear intent showing the growth potential in India that we are looking to set up a sub-centre here," said Yannick Assouad, executive vice-president, avionics at Thales, who was on her maiden visit to the group's India office at Bengaluru since taking charge.
The Jewar airport proposal was first mooted by Rajnath Singh, who was then the Uttar Pradesh Chief Minister, in 2001 and later pushed by his successor Mayawati.
UP government renews proposal for one at Jewar, 100 km from Delhi
'Now the very government we helped to form is telling us we are enemies of the nation!' The BKU has stayed away from direct participation in politics. But this time they are not so sure, reports Aditi Phadnis.
The incident took place under Rabupura police station limits around 5 am. The bus belongs to Auraiya depot.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
Responding to a cabinet proposal to build a new airport in Jewar, Noida, Delhi International Airport Ltd (DIAL), the joint venture that operates Delhi airport, has told the ministry of civil aviation that the expanded capacity of the modernised airport will take care of the entire traffic requirement in the 150-km catchment area around Delhi for the next 20 years. Jewar is 68 km from Delhi airport.
The biggest let down for India's aviation sector has been the failure of the government to privatise Air India, says Anjuli Bhargava.
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