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......

Debunking 10 myths about China and the South China Sea

An international tribunal in the Hague ruled in favor of the Philippines Tuesday, concluding that there was no legal basis for China to claim historic rights to resources within South China Sea......

Indian sells co for millions of dollars in two days

It took Ankur Singla, founder and chief executive officer of the California-based Contrail Systems, just two days after he officially launched the startup to sell it. It was acquired by......

Hughes Comm ties up with Maruti for digital training

Satellite service operator Hughes Communications India said on Tuesday it has tied up with Maruti Suzuki to provide 'live' training across 30 locations, including plants, offices and......

'We wish Rajat well in these trying times'

Leading IIT alumni in the United States, including former chairmen and CEOs of Fortune 500 multinational conglomerates like Raj L Gupta, expressed sadness over the Greek-like tragic fall of Rajat......

Mobile phones to cost more from April 1

Mobile handset prices will become more expensive as Finance Minister Pranab Mukherjee on Monday announced one percent hike in the Central Excise duty for 130 items, including phones. Come April 1......

Britain may call in more troops to police Games

Britain may have to call up yet more soldiers to police the Olympic Games, the government said on Wednesday, after a failed private sector recruitment drive left an embarrassing hole in security......