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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 DevasAntrix 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 CorporationDevas 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 dealDevas 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 boundsISRO 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 dealThe controversial Antrix-Devas deal will now come under the scrutiny of a Parliamentary panel.
- 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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