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...
31 Mar, 2023, 01.12 AM IST
Delhi HC asks Govt to clarify stand on sanction for attaching Delhi metro assetsDAMEPL, which had operated the Airport Express Line in Delhi, has sought to recover the balance ₹4,520 crore, including interest, that DMRC...
28 Feb, 2023, 01.12 AM IST
Reliance Infrastructure-DMRC Arbitration: Supreme Court directs HC to ensure award execution in 3 monthsWhile directing the HC to take the case to its "logical end" within three months, a top court bench led by Justice GR Gavai observed that t...
14 Dec, 2022, 11.53 PM IST
India can't be international arbitration hub if there is no award enforcement: SC on delay in payment of award to DAMEPL"On one hand there are public speeches on making India an international arbitration hub and then there is no enforcement of award. The awar...
12 Dec, 2022, 10.48 PM IST
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 ...
02 Dec, 2021, 09.09 PM IST
Bisleri creates a splash in Mumbai!12 Oct, 2021, 07.20 PM IST
Reliance Infra set to get Rs 4,600 crore arbitration award from Delhi Metro Rail CorpA bench comprising Justices L Nageswara Rao and S Ravindra Bhatt on Thursday quashed a Delhi High Court order that had set aside the 2017 a...
10 Sep, 2021, 07.11 AM IST
Reliance Infrastructure Q1 net down 12.39 per cent to Rs 401-croreReliance Infrastructure today reported over 12.39 per cent drop in its net profit at Rs 400.91 crore for the April-June quarter.
12 Aug, 2015, 06.53 PM IST
Delhi Airport Metro Express says no payment due to lendersDelhi Airport Metro Express which built the airport metro, today said it owes no overdue payment to any of its lenders.
18 Nov, 2013, 07.09 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
Airport Metro launches 30-trip pass, lowers cost of travelDelhi Airport Express Metro today launched a new 30-trip monthly pass for commuters which will reduce the fare by around 33 per cent
31 May, 2013, 08.53 PM IST
- DMRC refers Airport line case for arbitration; rules out financial restructuring
Reliance Infra's Delhi Airport Metro Express Pvt Ltd (DAMEPL), had to stop operations in July on technical and safety issues.
27 Oct, 2012, 05.34 AM IST
- Reliance to run the airport line till government comes up with a resolution
In order to address the recent rumours of Reliance infra exiting the airport metro express project, DMRC has issued a statement today sayin...
26 Oct, 2012, 09.26 PM IST
- Delhi Airport Metro Express Line: NDLS to IGI station in less than 20 minutes
On the first day, passengers were greeted with flowers and a gift amid tight CISF security monitoring access to the stations.
24 Feb, 2011, 09.01 AM IST
- Delhi Metro line to airport gets safety nod
The much-awaited Airport Express Metro line finally got safety clearance from the commissioner of Metro rail safety on Monday evening.
11 Jan, 2011, 09.53 AM IST
- Airport Line trains to be in Delhi soon, tests to start
Having received the first lot of trains from Spain, the Delhi Airport Metro Express Limited will put them on tracks for testing by the midd...
27 Apr, 2010, 11.03 AM IST
- Kolkata firm moves SC against Metro Cash and Carry India
Kolkata-based Kathleen Vyapaar Pvt Ltd (KVPL) has moved the Supreme Court seeking to restrain retail company Metro Cash and Carry India Pvt...
18 Apr, 2009, 07.05 PM IST