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  • DMRC vs DAMEPL: The fallout of Supreme Court’s judgement

    The recent judgement by SC stunned the legal world. The judgement is a great loss to India as an arbitration centre but it may yet prove to be a blessing in disguise

  • Airport Metro Arbitral award: DMRC seeks review of HC verdict on execution plea by DAMEPL

    Airport Metro Arbitral award: DMRC seeks review of HC verdict on execution plea by DAMEPL

    DMRC said attachment of 'Total DMRC Funds' which include salary, medical expenses, post retiral benefits of employees, security deposit on smart cards, will result in huge inconvenience to more than 50 lakh commuters who travel by the metro network on a daily basis and it will result in complete chaos on the Delhi roads.

  • Delhi govt, MoHUA officials to meet on Nov 10 to discuss payment of arbitral award to DAMEPL

    Delhi govt, MoHUA officials to meet on Nov 10 to discuss payment of arbitral award to DAMEPL

    The meeting has been convened after DMRC wrote to Delhi government and Union Ministry of Housing and Urban Affairs, seeking financial assistance for the payment of Rs 7,000 crore for arbitral award to DAMEPL.

  • DMRC given time until October 31 to make Reliance Infra arbitral award payment

    DMRC given time until October 31 to make Reliance Infra arbitral award payment

    DMRC had failed to make payment to Reliance Infrastructure's DAMEPL by October 4, which was the deadline set by the high court earlier.

  • SC upholds Delhi HC order directing DMRC to pay Rs 4,600 crore arbitral award to DAMEPL

    SC upholds Delhi HC order directing DMRC to pay Rs 4,600 crore arbitral award to DAMEPL

    The order was passed by a bench of Justices L Nageswara Rao and B R Gavai.

  • Delhi Metro moves to SC against Delhi HC order to pay Rs 60 crore to DAMEPL

    Delhi Metro moves to SC against Delhi HC order to pay Rs 60 crore to DAMEPL

    DAMEPL is a joint venture of Rinfra and a Spanish construction company—Construcciones Y Auxiliar De Ferrocarriles—with a shareholding of 95 and five percent respectively.

  • Reliance Infra Q2 net up 5% at Rs 451 crore

    Reliance Infra Q2 net up 5% at Rs 451 crore

    Its total income during the quarter under review rose to Rs 4,377.86 crore as against Rs 4,057.95 crore in the same period of last financial year, R-Infa said in a filing to BSE

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