New Delhi [India], October 5 (ANI): The Delhi Metro Rail Corporation (DMRC) has once again failed to honour the Delhi High Court order directing it to pay a Rs 4,500 crore arbitral award to the Reliance Infrastructure subsidiary's Delhi Airport Metro Express Private Limited (DAMEPL) within four weeks.
The 2017 deal involved the transfer of Reliance Infra ’s—formerly known as Reliance Energy—Mumbai power distribution business. Anil Ambani’s Reliance Infrastructure has filed a $1.7 billion arbitration claim against Gautam Adani’s Adani Transmission. The company informed on Tuesday that it had filed the 13,400 crore rupees ($1.7 billion) claim before...
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The 2017 deal involved the transfer of Reliance Infra ’s—formerly known as Reliance Energy—Mumbai power distribution business. Anil Ambani’s Reliance Infrastructure has filed a $1.7 billion arbitration claim against Gautam Adani’s Adani Transmission. The company informed on Tuesday that it had filed the 13,400 crore rupees ($1.7 billion) claim before...
The post appeared first on .
Mumbai (Maharashtra) [India], September 12 (ANI): Adani Transmission Limited (ATL) on Monday said it is following the due process under the share purchase agreement (SPA) in dispute resolution with Reliance Infrastructure Ltd (R-Infra), part of the Reliance Anil Dhirubhai Ambani Group.
New Delhi [India], September 8 (ANI): The Delhi High Court has directed the Delhi Metro Rail Corporation (DMRC) to pay the outstanding award amount to Reliance Infrastructure subsidiary's Delhi Airport Metro Express Private Limited (DAMEPL) within four weeks.
New Delhi [India], December 3 (ANI): Delhi High Court on Friday dismissed the Restitution Application of Delhi Metro Rail Corporation (DMRC) that sought a refund of Rs. 678 crore paid by the company to the lenders of Delhi Airport Metro Express Pvt. Ltd, (DAMEPL), a subsidiary of Reliance Infrastructure Limited, in 2018.