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ANTRIX IN THE US
US lists India's preference for domestic satellites for DTH, localised internet shutdown as trade barrierA US report has flagged India’s preference for domestic satellites in DTH services and use of localised internet shutdowns as barriers to f...- As Devas-Antrix case plays out in courts, India mounts defenceIndia is engaged in intense legal and diplomatic battles across Canada, the UK, and France following an unfavorable ruling in the Devas-Ant...
- Antrix-Devas case setback: Dutch SC upholds $111 million awardIn 2022, the Delhi HC set aside the ICC tribunal's $562.5 m award of 2015, ruling that the 2005-era Antrix-Devas contract was fraudulent an...
- SC upholds setting aside of arbitral award in Antrix-Devas disputeA bench led by Justice Ravindra Bhatt dismissed the appeal filed by Devas Employees Fund US, LLC, which challenged the setting aside of the...
- Big win for Antrix as US court reverses $1.3 billion damages orderAn American court has ruled in favour of India's space agency, Antrix, in a long-running legal battle with Devas Multimedia and its foreign...
- Devas seizes $87k worth Antrix assets in arbitral award enforcementThe Devas shareholders are enforcing an International Chamber of Commerce arbitral award of $1.2 billion to Devas, owed by ISRO commercial ...
- Devas investors seek US court's help to track Antrix assetsThis is an effort to enforce a $1.3 billion arbitral award that the court had upheld last year.
- Indian govt must pay all its debts: Devas Multimedia says it will pursue enforcement of its $1.3 bn arbitral awardShareholders of Devas are currently pursuing cases in multiple global courts, including those in the US and the UK, to force India to pay t...
- US district court lets Devas track down Indian space agency’s commercial arm Antrix's assetsThe US District Court for the Western District of Washington ordered Antrix to furnish information, including documents showing any transfe...
- Antrix asks US court to stop DevasDevas had sought the court's assistance in obtaining information needed to enforce the award, and for it to deny Antrix's motion for a prot...
- Govt asks Antrix to file petition to wind up Devas MultimediaThe Ministry of Corporate Affairs has cited a rule in the Companies Act, 1956 that allows a petitioner to file for the winding up of a comp...
- SC keeps in abeyance effect of US court order asking Antrix to pay compensation to DevasThe agreement was terminated by Antrix in February 2011.Over the next several years, Devas approached various legal avenues in India.This i...
- US court asks Antrix to pay $1.2 billion compensation to Bengaluru startupA US court on Wednesday upheld a 2015 verdict of the Paris-based International Chamber of Commerce in this regard. The payout includes $562...
- Antrix-Devas case: Court summons Devas Multimedia ex-directorThe court passed the order after it was told that the summons issued earlier could not be served to Muthgadahali Gangarudaraiah Chandrasekh...
- CBI files chargesheet in Antrix-Devas deal, names ISRO ex-chairman G Madhavan NairAntrix had earlier been slapped with a fine of about Rs 4,400 crore by the International Arbitration Court for unilaterally terminating the...
- Former ISRO chief Madhavan Nair chargesheeted in Antrix-Devas dealThe Antrix-Devas deal had led to the early exit of G Madhavan Nair from the chairmanship of ISRO. He was the chairman of the governing coun...
- Antrix has earned Rs 4,408 crore since 1992: GovernmentThe satellites of foreign countries are launched by ISRO on commercial basis under contract between respective foreign customer and Antrix.
- SC rules for international arbitration in Antrix-Devas standoffThe deal was called off by Antrix, the commercial wing of ISR0, in 2010 amid allegations of illegalities in allotting this strategic band t...
- Agreement termination notice sent to Devas: GovernmentThe agreement provided for leasing of 90 per cent of the space segment capacity by Antrix to Devas on two satellites for 12 year.
- No question of PMO being asked to approve Antrix deal: PMPrime Minister Manmohan Singh on Thursday said the deal to allocate transponder frequency on two satellites to the Indian arm of a US firm ...
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