Arbitration

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

Reliance Infrastructure on Monday said it has won an arbitration award of Rs 1,250 crore against Damodar Valley Corporation (DVC)

Arbitration Tribunal delays Rs 10,247 cr award in Cairn retro tax case to mid-2020; no reasons given for delay

Cairn said it is seeking full restitution for losses totalling more than $1.4 billion resulting from government expropriation of its investments in India in 2014.

National Stock Exchange to tie up with SGX Singapore again via Gift city, says MD Vikram Limaye

National Stock Exchange had two years ago cancelled its agreement with the Singapore bourse after RBI had raised issues with the massive spike in NDF (non-deliverable forwards) in its rupee trade, which led to a hammering of the domestic unit

Facebook follows Google to stop requiring arbitration of sexual harassment claims

The changed rules at Facebook will allow complaints of such improprieties to be aired openly in court.

Anil Ambani-led Reliance Infrastructure wins Rs 200-crore arbitration against National Highway Authority of India

Reliance Infrastructure said the need for arbitration arose due to prolonged delay in providing land by the NHAI to TD Toll Road Pvt Ltd (TD Toll Road), a wholly-owned subsidiary of Reliance Infrastructure, resulting in cost over-run during construction and change in location of the toll plaza.

Pakistan complains to World Bank over India continuing work on Kishanganga hydropower project

Pakistan has informed the World Bank about India's completion of the Kishanganga hydropower project during the bank's "pause" period.

Fortis vs Daiichi Sankyo: Singh brothers resign after Delhi HC upholds Rs 3,500 cr arbitral award to Japanese pharma

A tribunal in Singapore had passed the verdict in favour of Daiichi holding that the former Ranbaxy promoters had concealed certain information

Union Cabinet clears bill to set up an international-level arbitration council in India

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday cleared a bill for establishing an Indian council of international arbitration.

India needs good institutional arbitration system to get investment, says CJI Dipak Misra

Chief Justice of India, Dipak Misra says India needs to develop a good institutional arbitration system with minimum interference of courts and maximum execution of arbitration awards to attract investment

US judge rules that unhappy Uber customer's price-fixing case should be arbitrated, instead of going to court

Rakoff, long a critic of mandatory arbitration, said he would explain his reasoning later. Reuters obtained a copy of his order, which was not available in online court records.