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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......

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......

In pursuit of bigger dreams

With the launch of GSLV-MK III, slated for April, it will be able to cater to bigger satellites as well. Nikita Puri reports. Some weeks ago, images from the Satish Dhawan Space Centre,......

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......

Scientists made "scapegoats" in Antrix Devas case: Madhavan Nair

Former ISRO Chairman G Madhavan Nair on Thursday said scientists have been made "scapegoats" in the Antrix-Devas case after he was named in the chargesheet by the Central Bureau of Investigation.......

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......

How the Tatas finally brought Maharaja home

Tata Sons' Natarajan Chandrasekaran is an avid marathon runner. But what his firm has achieved recently with Air India takeover is nothing short of a 100-metre sprint. Before Chandra, as he is......

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......

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,......

Canada court orders seizure of Air India, AAI assets over dues

A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate......

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