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Devas Multimedia Corporation

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US court asks ISRO arm Antrix to pay $1.2bn to Devas for cancelled deal

A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for......

Antrix-Devas case: Court grants time to CBI for getting sanctions

A special court on Friday granted Central Bureau of Investigation time till September 29 for getting appropriate sanction from authorities concerned to prosecute former senior officials in......

Antrix-Devas deal: Ex-ISRO chief Madhavan Nair booked by CBI

The Central Bureau of Investigation on Thursday filed a charge sheet in the Antrix-Devas deal case naming ex-ISRO chairman G Madhavan Nair and other senior officials who have been accused of......

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......

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......

Antrix dispute: Devas seizes $87,457 cash in US

Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite......

Devas shareholders to continue seizing Indian assets abroad

Unfazed by the Supreme Court upholding winding up of the company, shareholders of Devas Multimedia will continue to seek seizure of Indian government assets abroad to collect $1.2 billion the firm......

Devas waiting for ISRO delivery

Devas Multimedia, whose deal with Antrix for S-band spectrum has triggered a storm, said on Thursday it had all "appropriate approvals" from the government for its business.Devas President and CEO......

Par panel to examine Antrix-Devas deal

The controversial Antrix-Devas deal will now come under the scrutiny of a Parliamentary panel. Parliament's Committee on Estimates has decided to examine the allocation of S-band spectrum by Indian......

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......

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