QUOTE AND NEWS
The Economic Times  Apr 13  Comment 
The DMRC has been planning a major revamp of its feeder bus network to provide more efficient and comfortable last mile connectivity.
The Economic Times  Apr 11  Comment 
Last month, the HC directed DMRC to pay an arbitration award of Rs 2,950 crore to RInfra as compensation for violating their agreement on operating the Airport Express Line in the capital.
The Economic Times  Apr 9  Comment 
The bench observed that had DMRC paid 80 per cent of the debt, the interest component would not have been so high.
The Economic Times  Apr 6  Comment 
The money was to be deposited in an escrow account maintained with the banks which had loaned money to DAMEPL for the Airport Express line project.
The Economic Times  Mar 27  Comment 
Earlier this month, the court had directed DMRC to pay an arbitration award of Rs 2,950 crore to Reliance Infra as compensation for violating their agreement on operating the Airport Express Line.
The Economic Times  Mar 20  Comment 
Earlier this month, the Delhi High Court directed Delhi Metro Rail Corporation to pay an arbitration award of Rs 2,950 crore to Reliance Infrastructure.
The Economic Times  Mar 6  Comment 
Justice Sanjeev Sachdeva dismissed the DMRC's plea against the Arbitral Tribunal's May 2017 order asking it to make payments to RInfra's subsidiary, DAMEPL, in the case related to the airport express premium corridor.
The Economic Times  Mar 6  Comment 
Reliance Infrastructure stands to get Rs 5,060 crore from the award, which it would entirely utilise to reduce its consolidated debt.





 




References

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