New Delhi: Slamming the move to restrict cost it can recoup from flagging KG-D6 gas fields, Reliance Industries has said it has slapped an arbitration notice on government against the "violation" of the signed contract. "The Production Sharing Contract (PSC) contains no provision which entitles the Government of India to restrict the costs recovered by the company by reference to factors such as the level of production or the extent...
07:49 AM, Nov 29, 2011
New Delhi: Pakistan has moved the Court of Arbitration asking it to direct India to stop work at the 330-MW Kishenganga hydro power project in Jammu and Kashmir. Even as the two countries are fighting a legal battle in a court of Arbitration, Pakistan has filed a petition in the court seeking a direction to make India hold the project till the case is settled by the court, sources in...10:57 AM, Aug 21, 2011
New Delhi: The S-band spectrum row is back to haunt the government with the Devas Multimedia moving the International Court of Arbitration (ICA) on Monday seeking restoration of its contract with Antrix, the commercial arm of Indian Space Research Organistaion (ISRO). Devas Multimedia has issued a statement confirming it approached the ICA in regard to the breach of contract by Antrix. "Devas confirms having exercised its rights and filed for...02:56 PM, Jul 11, 2011
Jet Airways and Air Sahara are likely to ink the final deal on Thursday after arbitration panel hearing. ...11:37 AM, Apr 12, 2007
The merger is touted as biggest aviation deal in India and post-merger Jet will command 40 pc of domestic market. ...11:42 AM, Apr 11, 2007
Questioning Jet Airways' failure to acquire it, Air Sahara filed a claim of Rs 3,020 crore before SPA. ...05:37 PM, Nov 24, 2006
In July, the Supreme Court had stayed the arbitration proceedings in the Lucknow district court. ...04:10 PM, Sep 12, 2006
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