Today, On 7th April, In the DMRC-DAMEPL dispute, the Supreme Court said it will wait one week for a settlement. If not resolved, the Court warned, “law will take its own course” against the responsible party.
Reliance Infrastructure’s stock plummeted by 20% on April 10th after the Supreme Court (SC) overturned an Rs 8,000 crore arbitration award in favor of DMRC. This decision has severely impacted the company’s financial prospects, leading to a loss of investor confidence and increased legal and financial challenges for Reliance Infra.