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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......

ISRO report indicts Nair, says lapses in Antrix-Devas deal

Former Indian Space Research Organisation chief G Madhavan Nair and three other senior scientists, who were barred from holding any government posts, have been indicted by the country's top space......

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......

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......

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 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......

UPA's Antrix-Devas deal a 'fraud against country', says Sitharaman

The government will use the Supreme Court order calling the 2005 deal between ISRO's commercial arm Antrix and privately-owned Devas Multimedia a fraud, to counter seizure of its properties,......

Govt scraps controversial Devas-Antrix deal

The controversial S-Band spectrum deal between Indian Space Research Organisation's commercial arm Antrix and private firm Devas Multimedia was scrapped on Thursday. The decision to annul the deal......

End Isro-Antrix deal, urged law officer; govt waited

Even as the ISRO spectrum deal snowballs into a major issue, with the Opposition parties gunning for the United Progressive Alliance government, the head of the Indian Space Research Organisation......

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......

'My career has changed after Rock On'

After playing the dutiful wife in the popular soap Kasamh Se, Prachi Desai repeated her act in her film debut, Rock On!!. She plays wife again in her upcoming film Life Partner, only this time,......

Song: Aage Aage from Life Partner

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Video: Govinda wishes Sanjay Dutt

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Here's what to expect from Cannes

The 62nd Cannes Film Festival which got underway on Wednesday night promises to be an exciting one. The opening night itself saw actors, models, filmmakers and jury members walk the red carpet.......

Spotted: Virender Sehwag in Bangalore

Reader MC Girish sent us this photograph from Bangalore. 'I got an opportunity to help Virender Sehwag with some computer stuff. He is an amazingly humble person,' writes Girish. 'This......

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