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DMRC not required to pay Rs 8,000 crore to Reliance Infra arm, says SC | Company News

DMRC not required to pay Rs 8,000 crore to Reliance Infra arm, says SC | Company News

[ad_1] 4 min read Last Updated : Apr 11 2024 | 12:00 AM IST The Supreme Court (SC) on Wednesday overturned its own order delivered three years ago and exempted the Delhi Metro Rail Corporation (DMRC) from paying an arbitration award of approximately Rs 8,000 crore to a subsidiary of Anil Ambani-controlled Reliance Infrastructure. … Read more

Reliance Infra hits 5-year high; stock zooms 41% in 3 days | News on Markets

Business Standard

[ad_1] Shares of Reliance Infrastructure hit a five-year high of Rs 260.80, as they rallied 10 per cent on the BSE in Monday’s intraday trade, on the back of heavy volumes. In the past three trading days, the stock has zoomed 41 per cent as the company signed a settlement agreement with ICICI Bank. … Read more