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Anil Ambani’s Reliance Infrastructure (R-Infra) is looking for options to further refinance that part of its debt taken for the conglomerate’s Mumbai Metro rail...
Mumbai: The Bombay high court on Tuesday rejected the Mumbai Metropolitan Regional Development Authority’s (MMRDA) petition challenging Reliance Infrastructure Ltd. (R-Infra)-led Mumbai Metro One Pvt. Ltd.’s (MMOPL) decision to increase fares for the Mumbai metro.
MUMBAI: Reliance Infrastructure and the Mumbai Metropolitan Region Development Authority (MMRDA) are likely to terminate the concession agreement for the 32-km-long Metro II from Charkop to Mankhurd via Bandra, it has been learned.