{"id":641295,"date":"2024-04-12T09:41:54","date_gmt":"2024-04-12T04:11:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=641295"},"modified":"2024-04-12T11:57:14","modified_gmt":"2024-04-12T06:27:14","slug":"rinfra-tanks-20-as-sc-asks-co-to-refund-rs-8000-cr-to-delhi-airport-metro","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rinfra-tanks-20-as-sc-asks-co-to-refund-rs-8000-cr-to-delhi-airport-metro\/","title":{"rendered":"RInfra tanks 20% as SC asks co to refund Rs 8,000 cr to Delhi Airport Metro"},"content":{"rendered":"<p>Shares of Reliance Infrastructure (R-Infra) tanked 20 per cent to Rs 227.40, freezing at the lower circuit on the BSE on Wednesday at 01:28 PM, amid heavy volumes after the Supreme Court (SC) set aside the Rs 8,000-crore arbitral award in favour of the company&#8217;s metro arm, Delhi Airport Metro Express Private Limited (DAMEPL). <\/p>\n<p>&#8220;The amounts deposited by the Delhi Metro Rail Corporation (DMRC) shall be refunded. Any amount paid by the petitioner as part of coercive action has to be refunded,&#8221; a bench led by Chief Justice of India (CJI) DY Chandrachud said, according to a Business Standard report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Reliance Infrastructure (R-Infra) tanked 20 per cent to Rs 227.40, freezing at the lower circuit on the BSE on Wednesday at 01:28 PM, amid heavy volumes after the Supreme Court (SC) set aside the Rs 8,000-crore arbitral award in favour of the company&#8217;s metro arm, Delhi Airport Metro Express Private Limited (DAMEPL). &#8220;The amounts deposited by the Delhi Metro Rail Corporation (DMRC) shall be refunded. Any amount paid by the petitioner as part of coercive action has to be refunded,&#8221; a bench led by Chief Justice of India (CJI) DY Chandrachud said, according to a Business Standard report.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-641295","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=641295"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/641295\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=641295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=641295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=641295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}