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
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
Major victory for Anil Ambani as Supreme Court upholds arbitral award in favour of Reliance InfraThe amount totaling over Rs 4,600 crore including interest will help the Anil Ambani-led Reliance Group to pare its debt. A two judge bench...
09 Sep, 2021, 04.12 PM IST
Delhi HC Bench has asked DMRC to service Delhi Airport Metro Express debt: Reliance InfraLast month, the HC directed DMRC to pay an arbitration award of Rs 2,950 crore to RInfra as compensation for violating their agreement on o...
11 Apr, 2018, 08.46 AM 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
Reliance Infra arm wins arbitration against Delhi MetroReliance Infra, which has a consolidated debt of Rs 16,000 crore, aims to reduce it by `2,950 crore of the proceeds.
12 May, 2017, 09.06 AM IST
- DMRC encashes bank guarantee given by DAMEPL
After taking over the operations of the Airport Metro line, DMRC has encashed the bank guarantee of nearly Rs 55 crore deposited by Relianc...
05 Jul, 2013, 09.07 PM IST
Govt insists PPP can work in metro despite Airport Line rowThe withdrawal of Reliance Infra from Delhi Airport line does not mean that Public Private Partnership(PPP) projects don't work in metro pr...
01 Jul, 2013, 08.52 PM IST
Delhi Metro takes over operations of Airport Express LineThe takeover of the 22.7 km-line was completed three days after Reliance Infrastructure announced its pull out from the service.
01 Jul, 2013, 01.55 PM IST
Airport metro: Reliance Infra claims termination payment from DMRCSources said this could translate to Rs 2800 crore though Reliance Infra did not specify the amount.
01 Jul, 2013, 12.22 PM IST
DMRC to take over Airport Express link from midnightThe Delhi Metro will take over the operations of the 22.7 km long Airport Express link from midnight tonight.
01 Jul, 2013, 09.23 AM IST
DMRC begins preparations to operate Airport Express lineThe Delhi Metro Rail Corporation today said it has started all the necessary arrangements required to take over operations of the 22.7 km l...
29 Jun, 2013, 03.58 PM IST
- Now, ‘seepage’ in Airport Metro
Days before the ministry of urban development decides on the deadline for finishing the repair work on Airport Metro Express, more 'defects...
03 Aug, 2012, 11.57 AM IST
- DMRC, Reliance Infrastructure at loggerheads prior to Airport Metro suspension
In the run up to the suspension of operations of the Airport Metro, DMRC and Reliance Infra were at loggerheads on running the line.
18 Jul, 2012, 04.03 PM IST
- Operations on Airport Metro unsafe: Reliance Infra told government
Operations on the 23-km high-speed corridor were suspended on July 8 after Reliance Infra detected cracks on the civil structure that were ...
17 Jul, 2012, 04.51 PM IST
- Safety should be given top most priority: Delhi Chief Minister Sheila Dikshit on Airport Metro
Delhi Chief Minister Sheila Dikshit today said safety parameters should be top most priority in operating Airport Metro trains on the 23-km...
16 Jul, 2012, 05.22 PM IST
Reliance Infrastructure claims DMRC put commuters at riskThe accusation came in a scathing letter to urban development minister, in reply to DMRC chief's letter which flayed R-Infra for trying to ...
16 Jul, 2012, 01.21 PM IST