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DELHI METRO DISPUTE
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief SecretaryHyderabad Metro is set to become profitable next year. Indian Railways Finance Corporation has provided a Rs 13,527 crore loan to refinance...
- Delhi gang-rape case takes a new twist as accused claim money dispute. Here's what we know so farA woman alleged gangrape on a bus in Outer Delhi, claiming sexual assault by the driver and conductor. The accused, however, contend it was...
- DMRC-DAMEPL dispute: Will wait for a week after which law will take its course, says SCThe Supreme Court has granted a one-week extension for Delhi Metro Rail Corporation (DMRC), Reliance Infrastructure subsidiary DAMEPL, and ...
- DMRC-DAMEPL dispute: Comply with order or face coercive action, SC to DAMEPL, Axis Bank officialsThe Supreme Court of India has warned Delhi Airport Metro Express Private Limited (DAMEPL) and Axis Bank of coercive measures if they do no...
- NCLT directs initiation of insolvency proceedings against Hero ElectricNCLT has started insolvency proceedings against Hero Electric based on a plea from Metro Tyres. Metro Tyres claims Hero Electric defaulted ...
- What is the significance of Supreme Court's curative petition relief for Delhi MetroThe Supreme Court's decision to grant relief to the Delhi Metro Rail Corporation (DMRC) via a curative petition marks a pivotal moment in l...
- Elderly man slapped, punched in Delhi Metro; video goes viralAlthough the exact cause and date of the altercation remain unconfirmed, it appears to have started when one of the men accidentally steppe...
- Delhi Metro in news again for wrong reasons, video of women fighting goes viralThis isn't the first such incident reported on the Delhi Metro; earlier in the year, videos of couples kissing and dancing vloggers made he...
- Keep public infra assets out of disputesThis is intended as a pre- emptive legal measure to avoid the seizure of Metro properties following the May 2017 arbitration award asking D...
- Metro Rail Act may be amended to prevent attachment of assetsThe proposed tweaks come in the light of Reliance Infra controlled DAMEPL’s dispute with DMRC. Under the proposed amendment, no rolling sto...
- Supreme Court upholds arbitral award in favour of Anil Ambani group firm DAMEPLThe arbitral tribunal in its May 2017 award had accepted airport metro operator's claim that the running of operations on the line was not ...
- Will use DMRC arbitral award to make R-Infra, arm debt-free: Anil AmbaniThe company had in 2008 entered into a contract with Delhi Metro for running the country’s first private rail project for 30 years. It stop...
- How a premier IIT fought and won a brand war at Delhi's metro stationIIT complained to the DMRC and fought a legal battle too to revoke the branding permission granted to FIITJEE.
- Cabinet nod for out-of-court dispute resolution for PSUsA new two-tier mechanism will be put in place of the existing Permanent Machinery of Arbitration mechanism to resolve such commercial dispu...
- Reliance Infra asks Delhi High Court for speedy payment of Rs 4,670 crore arbitration winThe company, which has a consolidated debt of Rs 16,000 cr, aims to use the proceeds to repay debt of public sector banks and pay back the ...
- Attorney General tells government to pay Reliance Infrastructure dues for IGI Metro lineThe attorney general (AG) has advised the government to release it “immediately“ to avoid paying high interest in the future.
- Arvind Kejriwal asks DMRC to speed up pending projectsArvind Kejriwal, in a meeting with Delhi Metro Rail Corporation officials on Monday, asked them to expedite pending Metro projects.
- DMRC refers Airport line case for arbitration; rules out financial restructuringReliance Infra's Delhi Airport Metro Express Pvt Ltd (DAMEPL), had to stop operations in July on technical and safety issues.
- Reliance to run the airport line till government comes up with a resolutionIn order to address the recent rumours of Reliance infra exiting the airport metro express project, DMRC has issued a statement today sayin...
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