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SC tells DAMEPL to issue refund to DMRC, hints at coercive action

Hindustan Times Haryana

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March 04, 2025

THE CASE PERTAINS TO THE AIRPORT EXPRESS METRO LINE IN DELHI. IT WAS OPERATED BY DAMEPL BUT IT CANCELLED THE CONTRACT IN 2012

- Abraham Thomas

NEW DELHI: The Supreme Court on Monday slammed the Delhi Airport Metro Express Private Limited (DAMEPL) for refusing to refund the amount paid by the Delhi Metro Rail Corporation (DMRC) as per a court order from April last year. The court has given four weeks to the company to implement the order.

DAMEPL is a subsidiary of Reliance Infrastructure. The court was hearing a contempt petition filed by DMRC challenging DAMEPL's non-compliance of a direction issued on April 10, 2024, according to which a 2017 arbitral ruling in favour of DAMEPL was overturned in a curative petition.

MEER VERHALEN VAN Hindustan Times Haryana

Hindustan Times Haryana

RBI proposes limits for banks’ capital mkt exposure

The Reserve Bank of India (RBI) on Friday proposed limits to banks' lending against stocks, bonds in capital markets, and for corporate acquisitions to ensure that lenders keep such businesses in check.

time to read

1 mins

October 25, 2025

Hindustan Times Haryana

EU team to visit India ahead of FTA deadline

Members of a key panel of the European Union (EU) will visit India next week for discussions aimed at pushing the conclusion of a bilateral free trade agreement (FTA), with a little more than two months to go for the deadline set by the leadership of both sides to conclude the deal.

time to read

2 mins

October 25, 2025

Hindustan Times Haryana

UN hardly representative, blocks reforms: Jaishankar

External affairs minister $ Jaishankar highlighted problems affecting the working of the United Nations on Friday, including decision-making that doesn't address global priorities, the organisation’s response to the challenge of terrorism, and reforms in the UN being blocked though the use of the reform process itself.

time to read

1 min

October 25, 2025

Hindustan Times Haryana

Hindustan Times Haryana

Ignored Sarfaraz to not move up the batting order

Gearing up for a fresh Ranji season with an eye on bigger personal honours is what Sarfaraz Khan has done a lot of. Being constantly on the waiting list is also something he's learned to deal with. It may have led to frustration, but it never broke him. To lose favour after making it to the elite level can be deflating though and will test the resilience of the middle-order batter.

time to read

2 mins

October 25, 2025

Hindustan Times Haryana

Hindustan Times Haryana

After a slow start, Mandhana has found her rhythm in World Cup

Left-hander struggled to begin with but come the business end, she is showing her true colours

time to read

4 mins

October 25, 2025

Hindustan Times Haryana

Unease among pilots as Air India plans ‘flexi contract’

Air India is set to introduce a controversial “flexi contract model” that could see widebody pilots working just 15 days a month while narrowbody crews clock 20 days,a move insiders say reflects cost pressures and rising pilot numbers—and has raised eyebrows across the aviation industry.

time to read

3 mins

October 25, 2025

Hindustan Times Haryana

In the monsoon bounty, signs of a looming crisis

The interconnected degradation of land and water, accentuated by the climate crisis, poses an existential threat to India’s food security. It needs urgent redress

time to read

4 mins

October 25, 2025

Hindustan Times Haryana

Kohli and the challenge of playing just one format in modern cricket

It doesn't help that ODIs are dying and he just isn't getting enough competitive cricket under his belt

time to read

3 mins

October 25, 2025

Hindustan Times Haryana

Palestinian factions agree to hand Gaza to technocrat body

The main Palestinian political factions, including Hamas, said on Friday they had agreed that an independent committee of technocrats would take over the running of postwar Gaza.

time to read

1 mins

October 25, 2025

Hindustan Times Haryana

Larissa D’Sa

Content creator and entrepreneur, @Larissa_WLC

time to read

1 mins

October 25, 2025

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