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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......

In pursuit of bigger dreams

 With the launch of GSLV-MK III, slated for April, it will be able to cater to bigger satellites as well. Nikita Puri reports. Some weeks ago, images from the Satish Dhawan Space Centre,......

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......

Madhavan Nair on why the Antrix-Devas deal went sour

 'Was Devas deliberately trying to get out of the contract and, while getting out, were they trying to make money?''Was the situation created by DoS and others to help Devas, and what we saw later a......

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......

What Cairn, Vodafone, Devas reveal about the Indian State

 The Indian State's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, notes T N Ninan......

The other company seeking to attach India's assets

 'Devas will continue to pursue its rights and enforcement actions against India in courts around the world.' IMAGE: Kindly note that this image has only been posted for representational purposes.......

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......

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