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DEVAS MULTIMEDIA PVT LTD
Delhi High Court sets aside arbitral award in favour of DevasIn September 2015, Devas had won a $562-m award from the International Chamber of Commerce arbitration which said Antrix had wrongfully scr...- Air India seeks to settle a $1.2 bn lawsuit in America citing new ownerAir India’s filing in a U.S. court came on Thursday, the same day a new management took over, ending years of taxpayer-funded bailouts for ...
- SC junks Devas Multimedia's appeal against NCLAT orderThe National Company Law Tribunal (NCLAT) had upheld the earlier order of the Bengaluru bench of the National Company Law Tribunal (NCLT), ...
- Before talking to Paris, India awaits French court's Devas orderA French court has granted a plea by the shareholders of Devas Multimedia claiming rights over the apartment in a bid to enforce a $1.3 bil...
- US court refuses to stay suit in $1.2 billion Devas arbitration awardJudge Thomas S. Zilly of the United States District Court for the Western District of Washington said the motion lacked merit and was inten...
- NCLT directs liquidation of Devas Multimedia, allows petition by ISRO's Antrix CorpThe Bengaluru bench of the NCLT has said Devas Multimedia was incorporated with a fraudulent motive to collude and connive with the then of...
- 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...
- Antrix-Devas deal: Court to take cognisance of charge sheetThe agency had on August 11 last year filed a charge sheet against the accused, alleging they had caused a loss of Rs 578 crore to the exch...
- CBI has a month to get sanction to prosecute ex Department of Space officialThe CBI had filed an FIR against Nair and others accusing them of facilitating "wrongful" gain of Rs 578 crore to private multi-media compa...
- Sanction to prosecute ex-ISRO chairman received: CBI to courtSpecial Judge Virender Kumar Goyal took CBI's submission on record after it was told that the agency has received the sanction to prosecute...
- ED moves to prosecute Devas under PMLA for FEMA violationThe idea is to recover from Devas the amount it hopes to earn through international arbitration and the possible course of action may inclu...
- Ex-chief of ISRO, G Madhavan Nair questioned by CBI for second dayG Madhavan Nair was questioned by the CBI for the second consecutive day today in connection with a case registered by the agency for alleg...
- Antrix-Devas case: Former ISRO chief G Madhavan Nair quizzed by CBINair was summoned to CBI headquarters this morning and asked about the details of the contract signed between Antrix Corporation and Devas ...
- No loss of revenue arising out of Antrix-Devas deal: GovernmentThe company had to pay Antrix a total of USD 300 million over a period of 12 years.
- Antrix-Devas deal: ISRO 'no' to share letters by its ex chief G Madhavan NairISRO has declined to give details of its correspondence with former space agency chief G Madhavan Nair on the report of a high-level probe.
- Antrix-Devas deal: ED begins 'preliminary enquiry' into financial transactionsThe Enforcement Directorate has begun a 'preliminary enquiry' into the financial transactions that took place in connection with the Antrix...
- Antrix-Devas deal: Government may rope in ED, I-T for further probeGovernment is mulling a probe by ED and the I-Tax dept into the role of two Mauritius-based entities to identify their stakes in Devas.
- MCA initiates investigation into books of Devas MultimediaMCA has initiated an investigation into the books of Devas Multimedia, embroiled in the S-band spectrum deal with ISRO's commercial arm Ant...
- 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 ...
- BJP, Left question Chaturvedi's appointment to probe S-band dealDemanding immediate cancellation of Antrix-Devas deal for scarce S-band spectrum, BJP asked how a high-power panel - headed by former cabin...
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