Anil Ambani Firm Wins $632 Million Arbitration Against Delhi Metro

PUBLISHED ON: September 9, 2021 | Duration: 0 min, 56 sec

  
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Reliance Infrastructure Ltd. won a four-year battle for control of money from an arbitration award that it says it needs to repay lenders. A two-judge panel of the Supreme Court on Thursday upheld the 2017 arbitration award in favor of the Anil Ambani's unit. The arbitration tribunal award is worth over 46.6 billion rupees ($632 million) including interest, according to Reliance Infrastructure's annual report.
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