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Latest Articles in dmrc

DMRC Invites Bids From 18 Banks To Raise Loans To 'Purchase Airport Line Assets'

The letter has been sent to State Bank of India, Canara Bank, Axis Bank, Bank of Baroda, HDFC Bank, ICICI Bank, and Yes Bank, among others

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Non Farebox Revenue for Metro – A Global Perspective

The frameworks need to be translated effectively in the transaction documents to achieve the objective of enhanced private sector participation and optimal value realisation

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Delhi Govt Appoints Vikas Kumar As New MD Of DMRC

The appointment of Kumar as the new managing director of the DMRC was approved by the Union Ministry of Housing and Urban Affairs, the order said

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DMRC Has Informed About Amount Deposited In Escrow DAMEPL Account: Govt

Union minister Hardeep Singh Puri said this in a written reply in Lok Sabha in response to a question on whether there has been delay by the government or the DMRC in the execution of award by arbitral tribunal to DAMEPL.

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DMRC's Delay In Award Execution Costing Taxpayers Rs 1.75 Cr Per Day: DAMEPL To HC

The Decree Holder (DAMEPL) submits that the present application has been necessitated in view of the conduct of the Judgment Debtor (DMRC) of making only partial disclosure of its bank accounts.

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HC Directs DMRC To Furnish Bank Account Details In Execution Plea By DAMEPL

The judge further observed that while the attachment of the DMRC's properties was not permitted, there was no such embargo with respect to its bank accounts.

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Will Pay Rs 1,000 Cr To Reliance Infra's Arm In 48 Hours: DMRC Tells HC

Solicitor General Tushar Mehta, representing DMRC, stated that since the corporation was facing a financial crunch, undertaking a sudden liability would impact public interest and authorities were therefore working out a solution.

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Delhi HC To Hear On Dec 6 Anil Ambani Group Firm's Plea Against DMRC Over Arbitral Award

The apex court on September 9 had upheld the arbitration award enforceable against DMRC and said there was a disturbing tendency of courts setting aside arbitral awards.

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Vikas Kumar Appointed Delhi Metro Rail Corp's Director Of Operations

A K Garg, who was so far looking after operation and maintenance, as Director (Operations), has been appointed Director (Infrastructure).

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PPPs And Lessons From DMRC Vs DAMEPL Case

Public authorities should anticipate and apprehend from the beginning – the huge legal and financial implications – of their own acts of omission and commission.

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DMRC Board Meeting Likely Today, Arbitration Amount Issue May Figure: Sources

Reliance Infrastructure will receive Rs 7,100 crore from the Delhi Metro Rail Corporation (DMRC) after the Supreme Court judgement, the company's chairman Anil Ambani had told shareholders last week.

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Paytm Collaborates With DMRC To Launch India’s first FASTag-based metro parking facility

As an acquiring bank for the parking facility at the Kashmere Gate metro station, PPBL will facilitate the processing of all FASTag based transactions for cars having a valid FASTag sticker, thus eliminating the hassle of stopping and paying cash at the counter

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SC Directs DMRC To Pay Rs 2,800 Cr To Reliance Infra In Arbitral Award

The case is related to an agreement between DMRC and Reliance Infrastructure for Delhi Airport Express on a Build–operate–transfer (BOT) basis.

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Delhi Metro Trains Start Running With 100% Seating Capacity; Standing Not Allowed In Coaches

The Delhi Metro Rail Corporation (DMRC) till Sunday was running trains with 50 per cent seating capacity, after the services had resumed after a long hiatus on June 7.

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