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DEVAS ANTRIX DEAL
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...
Dutch court junks Devas Multimedia plea in relief for AntrixIn a big relief for Isro’s commercial arm Antrix against its legal fight against Bengalurubased Devas Multimedia, a court in the Netherland...
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 Multimedia-Antrix deal: A timeline of ongoing tussleET charts the Devas Multimedia saga, which got caught in the political battle of the 2G telecom crisis, to the country facing the challenge...
Congress should explain its role in Devas-Antrix deal, says FM Nirmala Sitharaman citing SC order"This kind of selling of primary endowments like wavelengths, satellites or spectrum band, giving it away to private parties and making mon...
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...
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...
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-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 ...
International tribunal ruling on Devas deal shocking: Antrix CorpAn international tribunal ruling asked Antrix, ISRO's commercial arm, to pay damages worth $672-mn to Devas Multimedia for scrapping a deal...
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 moves court against Devas
Antrix has moved a local court seeking directions to restrain Devas Multi-media from proceedings with the arbitration it has filed against ...
- Devas Multimedia approaches International Arbitration Court seeking restoration of its agreement for S-band spectrum with Antrix Corporation
Devas Multimedia has approached the ICA seeking the restoration of its 2005 agreement for S-band spectrum with Antrix Corporation.
- Devas moves int'l court on scrapped Antrix deal
Devas Multimedia, whose controversial deal for scarce S-band spectrum with Antrix Corporation was annulled by the government, has moved the...
- Antrix-Devas deal out of RTI bounds
ISRO has refused to make public minutes of meetings of the Space Commission, where the controversial Antrix-Devas deal was discussed.
- Parliamentary panel to examine Antrix-Devas deal
The controversial Antrix-Devas deal will now come under the scrutiny of a Parliamentary panel.
- No question of PMO being asked to approve Antrix deal: PM
Prime Minister Manmohan Singh on Thursday said the deal to allocate transponder frequency on two satellites to the Indian arm of a US firm ...