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Reliance Industries

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In a landmark ruling, the Bombay High Court has directed MMRDA to return nearly ₹647 crore to Reliance Industries, holding that demands for delay penalty on the BKC Convention & Exhibition Centre project were arbitrary and illegal. The court cited the composite nature of the project, court stay, statutory delays and discriminatory policy on construction timelines.

Reliance to Receive ₹647 Crores from MMRDA in the BKC Convention Centre Case

In a landmark ruling, the Bombay High Court has directed MMRDA to return nearly ₹647 crore to Reliance Industries, holding that demands for delay penalty on the BKC Convention & Exhibition Centre project were arbitrary and illegal. The court cited the composite nature of the project, court stay, statutory delays and discriminatory policy on construction timelines.
Interarch

Reliance Industries Among Key Clients as Interarch Building Products Secures Orders Worth INR 634 CR

Interarch Building Products Limited has secured new orders totaling INR 634 crore this financial year, with Reliance Industries among its key clients. The company’s total order book stands at INR 1,350 crore as of mid-September, reflecting strong performance across various sectors including automotive and renewables.