March 6, 2018 / 7:15 AM / 4 months ago

BRIEF-India's Reliance Infrastructure Wins In Delhi High Court Against Delhi Metro Rail Corp

March 6 (Reuters) - Reliance Infrastructure Ltd:

* SAYS CO WINS IN DELHI HIGH COURT AGAINST DELHI METRO RAIL CORPORATION (DMRC)

* SAYS DELHI HIGH COURT DIRECTS DMRC TO DEPOSIT 35.02 BILLION RUPEES IN ESCROW ACCOUNT WITHIN FOUR WEEKS

* TO GET 50.60 BILLION RUPEES FROM THE AWARD, WHICH SHALL ENTIRELY UTILIZE TO REDUCE CONSOLIDATED DEBT‍​

* RELIANCE INFRASTRUCTURE SAYS DELHI HIGH COURT UPHELD ARBITRATION AWARD AS COMPENSATION ALONG WITH INTEREST TO CO'S UNIT DELHI AIRPORT METRO EXPRESS Source text - bit.ly/2I66V5V Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below