Delhi HC asks DMRC to provide bank account, FD details in execution plea by Reliance Infra's subsidiary pleaAn arbitral tribunal in its May 2017 award had ruled in favour of DAMEPL, which had pulled out from running the Airport Express metro line ...
15 Feb, 2022, 08.01 AM IST
Arbitration dispute: SC directs DMRC, Reliance Infra's DAMEPL to appear before Delhi HC on January 31A bench of Justices L Nageswara Rao and B R Gavai said the hearing on the execution application does not brook any further delay as it is d...
24 Jan, 2022, 01.20 PM IST
HC pulls up Reliance Infra's DAMEPL for playing hide & seek, not coming with 'clean hands' in proceedings against DMRCSenior advocate Parag Tripathi, representing DMRC, submitted that it was ready to take over the liabilities of Reliance Infrastructure subs...
11 Jan, 2022, 04.17 PM IST
Will deposit Rs 1,000 crore in escrow, ready to take over DAMEPL's debt: DMRC to HCSolicitor General Tushar Mehta, representing DMRC, stated that since the corporation was facing a “financial crunch”, undertaking a “sudden...
06 Dec, 2021, 08.29 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
15 companies, including IRCTC, GMR submit applications to operate passenger trainsThe ministry of railways had invited request for qualification (RFQ) for private participation in operation of passenger train services ove...
08 Oct, 2020, 10.59 AM IST
Railway officials meet stakeholders to finalise private ops of two trainsWhile one of the trains, the New Delhi-Lucknow Tejas Express, has already been identified to be given to private operators, the railways is...
11 Jul, 2019, 09.24 PM IST
Telecom companies seek more time to change verification modeThe new digital process envisages a customer acquisition form (CAF) be embedded with live photographs of subscribers and scanned images of ...
02 Nov, 2018, 11.58 AM IST
Telecom operators propose new e-KYC process as alternative to AadhaarThe TSP will generate and send a five digit pin to an alternate number provided by the customer.
10 Oct, 2018, 09.44 PM IST
Texmaco-Wabtec JV starts production of value-added products for railwaysThe JV entity will help bring the latest generation of safety & control equipment and systems for Indian Railways.
16 Aug, 2018, 02.29 PM 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
Reliance subsidiary moves Delhi High Court seeking attachment of DMRC accountsThe money was to be deposited in an escrow account maintained with the banks which had loaned money to DAMEPL for the Airport Express line ...
06 Apr, 2018, 07.42 PM IST
High Court directs DMRC to pay over Rs 3,500 crore to Reliance Infrastructure's subsidiaryJustice Sanjeev Sachdeva dismissed the DMRC's plea against the Arbitral Tribunal's May 2017 order asking it to make payments to RInfra's su...
07 Mar, 2018, 07.39 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
- Railways shortlists 8 bidders for Kanchrapara coach factory
Eight global majors, including two in consortium with Indian partners, have been shortlisted by the railways for setting up the factory.
28 Aug, 2010, 01.41 AM IST
- Spanish investment in India increases by 500%
Spain, which has a strong industrial base in the automotive and infrastructure sectors has witnessed a five-fold increase in its investment...
06 Jan, 2009, 10.53 PM IST
- Visit space from 2012 for Rs.11 million
The company plans to begin the space tourist project from 2009 when the initial $1-billion funding is expected.
28 Sep, 2007, 04.16 PM IST