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IRB INFRA ; IRB Infra’s subsidiary, IRBAV, did not win its arbitration claim for revenue losses against NHAI, related to a competing road that emerged in 2019, not 2015-16 as claimed. No compensation was granted for the competing road, but IRBAV must pay NHAI as per the Premium Deferment Scheme. NHAI’s counterclaim of Rs. 29.73 Crore was rejected, while IRBAV was awarded Rs. 1.9 Crore plus interest for losses due to NHAI’s unwarranted retention of a Bank Guarantee, which must now be returned
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IRB INFRA ; IRB Infra's subsidiary, IRBAV, did not win its arbitration claim for revenue losses against NHAI, related to a competing road that emerged […]
UPDATE ON RAILWAY SECTOR | ASHWINI VAISHNAW DISCLOSES PLANS FOR 2,500 NEW GENERAL PASSENGER TRAIN COACHES AND APPROVAL FOR 10,000 ADDITIONAL COACHES > HE ALSO MENTIONED THE PRODUCTION OF 50 AMRIT BHARAT TRAINS AND INITIATION OF 150 MORE #Focus UPDATE ON RAILWAY SECTOR | ASHWINI VAISHNAW DISCLOSES PLANS FOR 2,500 NEW GENERAL PASSENGER TRAIN COACHES AND APPROVAL FOR 10,000 ADDITIONAL COACHES > HE ALSO MENTIONED THE PRODUCTION OF 50 AMRIT BHARAT TRAINS AND INITIATION OF 150 MORE #Focus
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Auto Stocks to report sales figures for June. Vodafone Idea: Increases tariffs for its pre-paid and post-paid customers from July 4, 2024. Tariffs hiked across […]