The Delhi-Alwar RRTS, a 164 km rapid transit system, is under construction to link Delhi with nearby cities. It aims to significantly reduce travel time and enhance connectivity.
Asian Development Bank plans Asia Pacific Infrastructure Fund to finance regional projects, focusing on debt in infrastructure projects and attracting regional and international investment.
Satyam Computer Services hires DSP Merrill Lynch to review strategic options, delays board meeting to January 10, amidst corporate governance concerns.
The World Bank has banned Satyam Computer Services for eight years due to data theft and bribery. Satyam's independent directors claim ignorance, highlighting a communication gap within the company's board.
While major markets like the US and UK face scrutiny, Asian real estate remains resilient, demonstrating growth amidst global economic challenges.