Reliance Infrastructure wins Rs 1,250 crore arbitration award against Damodar Valley Corporation - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Reliance Infrastructure wins Rs 1,250 crore arbitration award against Damodar Valley Corporation

Reliance Infrastructure said that a three-member arbitration tribunal said on Saturday that DVC will have to pay a sum of Rs 898 crore in favour of Reliance Infrastructure towards various claims. The tribunal has also directed DVC to release bank guarantees of Rs 356 crore within four weeks.

from Industry-Economic Times
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