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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 puts Chandrayaan-2 setback behind it

 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......

In 2nd mission of month, ISRO launches earth monitoring satellite

 India on Thursday successfully launched its latest earth observation satellite Hyper Spectral Imaging Satellite, the data from which can be used in wide-ranging areas including agriculture, from......

Perfect lift off! ISRO launches 2 foreign earth observation satellites

 The Indian Space Research Organisation on Sunday night successfully launched into space the NovaSAR and S1-4 earth observation satellites of United Kingdom from the spaceport in Sriharikota......

PSLV-C42 launch begins ISRO's new mission

 Antrix, ISRO's commercial arm, is eyeing 10% of the $357 billion global market.T E Narasimhan reports. The countdown for the launch of PSLV-C42 started on Saturday, September 15, at the Satish......

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......

India's Cairn and Unable Moment

 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......

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.......

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