Setback to Anil Ambani as SC sets aside Rs 8,000 cr arbitral award favouring Rel Infra armThe Supreme Court overturned the arbitral award which was in favor of Anil Ambani's Reliance Infrastructure's metro arm, Delhi Airport Metr...
11 Apr, 2024, 01.15 AM IST
DMRC-DAMEPL face off: Accrued arbitral award of Rs 8,000 cr may have the power to derail Delhi MetroDMRC has been asked to pay to the private entity an amount which is enough to fund the post-matric scholarships of about 66 lakh Scheduled ...
31 Mar, 2023, 07.36 AM IST
Centre, Delhi govt move SC against HC order asking DMRC to pay Rel InfraTerming the HC's directions as "erroneous" and "unprecedented in law", the central government in its appeal before the top court said that ...
30 Mar, 2023, 12.22 AM IST
DMRC moves Delhi HC seeking review of attachment orderAttorney general R Venkataramani, appearing for Delhi Metro Rail, told the Bench that there was a small overlook about the attachment of ce...
23 Mar, 2023, 11.40 PM IST
Clearing airport metro dues will hit ops, DMRC tells HCOn September 6, the high court had ordered DMRC to pay DAMEPL's dues within four weeks. DAMEPL is seeking total payment of ₹6.872.28 crore,...
10 Oct, 2022, 11.41 PM IST
DMRC seeks Rs 3,500 crore from govt to comply with court directions in DAMEPL caseIn a letter dated September 6, 2022, Vikas Kumar, Managing Director, DMRC wrote to the Secretary, Ministry of Housing and Urban Affairs sta...
09 Oct, 2022, 11.51 AM IST
DMRC yet to pay Rs 4,500 crore to Reliance Infrastructure companyThe payment was to be made by Tuesday, as per the court order. DMRC declined to comment, saying that the matter was subjudice.The Delhi HC,...
06 Oct, 2022, 12.36 AM IST
DMRC can't shy away from paying 80% of DAMEPL debt: HCThe bench observed that had DMRC paid 80 per cent of the debt, the interest component would not have been so high.
09 Apr, 2018, 06.28 PM IST
HC directs DMRC to pay Rs 306 crore to Reliance Infra arm to save it from turning into NPAEarlier this month, the court had directed DMRC to pay an arbitration award of Rs 2,950 crore to Reliance Infra as compensation for violati...
27 Mar, 2018, 06.06 PM IST
Metro fare to be up from Oct 10, but ‘full’ Phase-III will ease the burdenThe new fares would range from Rs 10 to Rs 60 across different slabs, which would see an increase of 20% to 50%, with an increase of Rs 10 ...
27 Sep, 2017, 11.04 AM IST
Delhi Metro staffers call off stir post settlement of issues with DMRCThe non-executive staff, including train operators, maintenance staff, station controllers and customer relation assistants, have been prot...
24 Jul, 2017, 07.48 AM IST
Consider paying Rs 60 crore to DAMEPL to pay interest: Delhi High Court to DMRCThe court said it was only considering the interim issue of release of Rs 60 crore as DAMEPL was paying Rs 65 lakh per day, amounting to Rs...
29 May, 2017, 06.42 PM IST
Rs 1,500cr boost: Metro to get VAT dues as govt loanDelhi Metro Rail Corporation (DMRC) got a shot in the arm for work on phase-III of the rail network.
26 Feb, 2016, 11.13 AM IST
Delhi government to extend Rs 1,546 crore interest-free loan to DMRCTo speed up metro projects, Delhi government has decided to extend an interest-free loan of Rs 1,546 crore to DMRC, relaxing the existing r...
25 Feb, 2016, 07.45 PM IST
Delhi Metro to install roof top solar power plantThe first ever such plant with a production capacity of 500 kWp will be installed at the Dwarka Sector 21 Metro station.
24 Feb, 2014, 12.05 PM IST
Delhi Airport Metro may turn non-performing assetThe showpiece Airport Metro faces the threat of becoming a nonperforming asset (NPA) since the lenders have not been getting the instalment...
12 Oct, 2013, 08.31 AM IST
- Delhi Metro paid back Rs 567 cr in loan and interest to JICA
The Delhi Metro has paid back over Rs 567 crore in loan amount and interest to the JICA.
07 Aug, 2010, 04.02 PM IST