DMRC has told the Supreme Court in a compliance affidavit that all 4,157 Metro trips ran on October 10 and that entry and exit curbs, imposed on Delhi Police directions, covered 45 of 303 stations. The contempt allegations remain untested.
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.