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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......

As a nation we unfortunately do not value lives

'Other countries go out on a limb to save even a single life. What to talk of civilian accidents and disasters, even our military does not have a priority for Combat Search and Rescue...''It is an......

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: India to appeal against Hague tribunal's verdict

India will appeal against the verdict of the Hague tribunal in Antrix-Devas deal case, in which the international court had declared the annulling of the contract as "unfair" and "inequitable" and......

Navy's reluctance to vacate spectrum may delay 5G auction

The Indian Navy is showing reluctance in vacating the spectrum from the 3.3 GHz-3.4 GHz band that it is using. The Indian Navy has expressed reservations in vacating 100 Mhz of the spectrum,......

Green signal for 5G trials but Chinese vendors kept out

The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using......

Spectrum deal: How Jio and Airtel stand to 'gain'

Jio's spectrum trading pact with Airtel has enabled India's largest telco to top-up its holding in three key circles and yielded potential savings of about $400 million, according to a report.......

Sensex breaches 51,000; biggest single-day rise since Feb 2

Sensex rally was driven by Bajaj FinServ, Reliance, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60. Continuing their winning run for the third......

Spectrum auction ends; Jio highest buyer

India's first auction of telecom spectrum in five years ended on Tuesday with Rs 77,814.80 crore of airwaves being bought, mostly by billionaire Mukesh Ambani's Reliance Jio. Over 2,250 MHz of......
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