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Devas wins plea to seize Indian property in cancelled Isro deal

 A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled......

Devas-Antrix Deal: International Tribunal asks India to pay damages

 India has lost an arbitration case in an international tribunal over its space marketing agency Antrix Corp scrapping a deal with multimedia private firm Devas and is liable to pay compensation......

Antrix-Devas deal: ISRO declines to share letters by Nair, others

 The Indian Space Research Organisation has refused to disclose the contents of letters written by its former chief G Madhavan Nair and others in connection with findings by a committee that went......

No loss of revenue arising out of Antrix-Devas deal: Govt

 There has been no loss of revenue arising out of the Antrix-Devas deal as the agreement has been annulled, the Lok Sabha was informed on Wednesday. "The Antrix-Devas agreement has been annulled in......

ISRO refuses to reveal letters on Antrix-Devas deal

 The Indian Space Research Organisation has declined to give details of its correspondence with former chief G Madhavan Nair on the report of a high-level probe into the Antrix-Devas deal, on the......

Devas unaware on S-band deal cancellation

 Within two days of the government's indication that the controversy-ridden S-band deal between the Indian Space Research Organisations's commercial arm, Antrix Corporation, and Devas Multimedia Pvt......

PM appoints team to probe ISRO deal

 Prime Minister Manmohan Singh on Thursday appointed a high power committee to review various aspects and fix responsibility for lapses in the controversial deal between Antrix Corporation, ISRO's......

Audit of space dept deal on: CAG

 The Comptroller and Auditor General on Monday said that the audit of certain activities of Department of Space were under way but made it clear that media reports on alleged scam in a deal between......

Govt clears 13 FDI proposals worth 393.36 cr

 The government has cleared 13 proposals, including one of car market leader Maruti, that will bring in Rs 393.36 crore (Rs 3.93 billion) of foreign direct investment into the country.Finance......

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