Rapid Metro Rail Gurgaon
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Rapid Metro Rail Gurgaon
Rapid Metro Gurgaon is a light metro system serving the city of Gurgaon, Haryana, India. Rapid Metro connects the commercial areas of Gurgaon, and acts as a feeder link to the Delhi Metro with an interchange with its Yellow Line at Sikanderpur metro station. Built by Rapid Metro Gurgaon Limited (RMGL), the system was the world's first fully privately financed modern light metro system. The venture did not have any investment from the Union Government, Government of Haryana or any public sector undertaking. However, it was not the first fully privately financed rapid transit system, as the Metropolitan Railway was privately financed. Originally planned to open in 2012, the first phase of the system opened on 14 November 2013. The second phase of the project began commercial operation on 31 March 2017. In September 2019, IL&FS announced that it does not have the resources to continue running the Rapid Metro due to financial issues with the company and is looking for another enti ...
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Gurgaon, Haryana
Gurgaon (pronunciation: ʊɽɡãːw, officially named Gurugram (pronunciation: ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the national capital New Delhi and south of Chandigarh, the state capital. It is one of the major satellite cities of Delhi and is part of the National Capital Region of India. , Gurgaon had a population of 1,153,000. Gurgaon is India's second largest information technology hub and third largest financial and banking hub. Gurgaon is also home to India's largest medical tourism industry. Despite being India's 56th largest city in terms of population, Gurgaon is the 8th largest city in the country in terms of total wealth. Gurgaon serves as the headquarters of many of India's largest companies, is home to thousands of startup companies and has local offices for more than 250 Fortune 500 companies. It accounts for almost 70% of the total annual econ ...
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Public Sector Undertaking
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the 8th largest stock exchange with an overall market capitalisation in the world with more than ₹276.713 lakh crore, as of January 2022. Unlike countries like the United States where nearly 70% of the country's GDP is derived from large companies in the corporate sector like Apple and Tesla, the corporate sector in India accounts for only 12–14% of the national GDP (as of October 2016). Of these only 7,400 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, which derives most of its income-related activity from the unorganized sector and household spe ...
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Infrastructure Leasing & Financial Services
Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company. It was created by public sector banks and insurance companies. It operates through more than 250 subsidiaries including IL&FS Investment managers, IL&FS financial services and IL&FS Transportation networks India Limited (ITNL). Its projects include some of the largest infrastructure projects in India including India's longest tunnel, Dr. Syama Prasad Mookerjee Tunnel, which opened for traffic in April 2017. After the company defaulted on its loans in 2018, the Government of India took control of the company and appointed a new board. History IL&FS was formed in 1987 as an "RBI registered Core Investment Company" by three financial institutions, namely the Central Bank of India, Housing Development Finance Corporation (HDFC) and Unit Trust of India (UTI), to provide finance and loans for major infrastructure projects. Gradually, as the organisat ...
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Enso Group
Enso Group is a multinational diversified conglomerate that has global operations across a wide range of industries, and is valued at over $6 Billion. The group was founded in 2005 by Chairman Vinay Maloo. It was started with a cluster of oil & gas E&P companies in Jordan, Nigeria, Georgia, Australia and India. The group has consultancy arm(s) in UK and Singapore with operational offices globally. They have business interests and investments worldwide, across a list of countries. Most of the group companies are privately held. Vaibhav Maloo holds the position of managing director of the group. Enso Foundation Enso Foundation is set up with a mission to uplift underprivileged sections of society, work on animal welfare, nature preservation, education and healthcare. The Group has contributed to NGO's working towards underprivileged children education and healthcare in India and around the world. Enso Foundation is associated with Tour De India since 2013. Natural resources ...
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Times'' was purchas ...
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Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English language, English-language daily newspaper and digital news media owned and managed by The Times Group. It is the List of newspapers in India by circulation, third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian "newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspap ...
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Cyber City, Gurgaon
DLF Cyber City is a Business park, corporate park in Gurugram, Haryana, India, which was opened in 2003. The area is home to several top information technology, IT and Fortune 500 company offices. The area has been termed a "futuristic commercial hub" and is considered one of the largest hubs of IT activity in Delhi NCR. Cyber City lies near Udyog Vihar, which is a conventional industrial area on the opposite side of NH-48. Cyber Hub is a large shopping and eating area with a number of leading restaurants and Retail, shops, which caters primarily to the people working in DLF Cyber City. Transport In 2013, Rapid Metro Gurgaon was introduced to Cyber City, connecting it with Delhi Metro. Six operational stations are within the Cyber City. National Highway 48 (India), The National Highway 48 (NH-48) runs through Cyber City and a project to construct a 16-lane expressway is also in progress. A flyover between Cyber City and MG Road was opened in 2015 to reduce traffic congestion. ...
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DLF (company)
Delhi Land & Finance (DLF Limited) is a commercial real estate developer. It was founded by Chaudhary Raghvendra Singh in 1946 and it is based in New Delhi, India. DLF developed residential colonies in Delhi such as, Model Town, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. DLF builds residential, office, and retail properties. With the passage of Delhi Development Act in 1957, the local government assumed control of real estate development in Delhi and banned private real estate developers. As a result, DLF began acquiring land at a relatively low cost outside the area controlled by the Delhi Development Authority, in the district of Gurgaon, in the adjacent state of Haryana. In the mid-1970s, the company started developing their DLF City project at Gurgaon. Its plans included hotels, infrastructure and special economic zones-related development projects. The company is headed by Kushal Pal Singh. Kushal Pal Singh, accordin ...
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National Highway 8 (India)
National Highway 8 (NH 8) is a National Highway in India running from Karimganj in Assam to Sabroom in Tripura. It is not to be confused with former NH 8 (Delhi-Jaipur-Baroda-Bombay), which has been renumbered NH 48 National Highway 48 (NH 48) is a National Highway of India that starts at Delhi and terminates at Chennai traversing through seven states of India. It has a total length of 2807 km (1744 miles). NH 48 passes through the states of Del .... References External links NH 8 on OpenStreetMap {{IND NH8 sr National highways in India ...
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