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......
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......
'The only loser is the tax payer who doesn't have a clue as to how his money is being used.' Kindly note that the image has been posted only for representational purposes. Photograph: Mukesh......
With 13 accomplished missions, including launching of 50 foreign satellites, to an unsuccessful Chandrayaan-2 in 2019, the Indian Space Research Organisation has resolved to alight its lander on......
The year ended with the launch of the PSLV's 50th mission.T E Narasimhan reports. IMAGE: Indian Space Research Organisation Chairman Kailasavadivoo Sivan. Photograph: Francis Mascarenhas/Reuters......
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......
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......
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,......
In a most perverse example of tax bullying, someone I know has got by three such notices reopening his assessment minutes before the midnight deadline of June 30, reveals Debashis Basu.......
The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed.And so it is refusing to shell out to Cairn; and, as a......