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A Supreme Court judgement shines the spotlight on Delhi Metro and Anil Ambani
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Synopsis
This week’s Supreme Court judgement in a case involving Anil Ambani and Delhi Metro Rail Corporation is the latest in a long line of setbacks for the former.
On Wednesday, the Supreme Court set aside its own judgement and held that the Delhi Metro Rail Corporation – DMRC - was not obliged to pay over INR8,000 crore to the Delhi Airport Metro Express Private Ltd, a Reliance Infrastructure firm, in pursuance of a 2017 arbitral award. That was the latest in a long line of setbacks that Mukesh Ambani’s younger sibling had to go through. Here’s a status-check on Anil Ambani’s businesses. The road to the
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