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Devas Multimedia

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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......

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......

No loss of revenue arising out of Antrix-Devas deal: Govt

There has been no loss of revenue arising out of the Antrix-Devas deal as the agreement has been annulled, the Lok Sabha was informed on Wednesday. "The Antrix-Devas agreement has been annulled in......

ISRO refuses to reveal letters on Antrix-Devas deal

The Indian Space Research Organisation has declined to give details of its correspondence with former chief G Madhavan Nair on the report of a high-level probe into the Antrix-Devas deal, on the......

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,......

Is ISRO involved in Devas' meteoric rise?

The inquiry into Devas Multimedia's deal with Antrix, the commercial wing of Indian Space Research Organisation (ISRO), has found that when the Indian arm of the company was founded in 2004, it......

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......

P J Thomas as DoT secretary had opposed ISRO-Devas spectrum deal!

"The spectrum planned by DoS (Department of Space) for strategic use is not to be shared with commercial applications as in the case of Devas Multimedia," P J Thomas had stressed in his capacity......

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......

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