The International Tribunal in The Hague has ruled against India for cancelling a deal involving two satellites and the spectrum deal with Devas Multimedia. The country may also be fined USD 1 billion (approx Rs 6,700 crore).
Devas (Madhya Pradesh): Curfew continued for the second day in Madhya Pradesh's Devas city and 50 people have been taken into custody a day after violence between two groups left one person killed.The violence broke
New Delhi: Former Isro chairman K Radhakrishnan has been examined by CBI in connection with the agency's probe into alleged irregularities in an agreement between private multimedia company Devas and Antrix, the commercial arm of
Bangalore/New Delhi: In a jolt to ISRO's commercial arm, Antrix, an international tribunal has asked it to pay damages worth USD 672 million (Rs 4,432 crore) to city-based firm Devas Multimedia for "unlawfully" terminating a
Sriharikota (AP), Jul 15: Senior officials of Antrix Corporation, ISRO's commercial arm, and Devas Multimedia, would meet soon over the controversial S-band spectrum agreement between the two which has been scrapped by the government, the
Ranchi, Mar 27: BJP President Nitin Gadkari today wondered whether Prime Minister Manmohan Singh had "silent approval" of the series of scams his government was currently facing and said nobody in the government was taking
New Delhi, Mar 27: Indian Space Research Organisation has said none of its official or anyone from Antrix Corporation or Space department was involved in the decision to lease precious S-band spectrum to Devas Multimedia
New Delhi, Feb 16: Objecting to a government move to annul its contract with Antrix following the S-band spectrum controversy, Devas Multimedia today said it would take "strong" legal steps to protect its rights and
New Delhi, Feb 9: With yet another scam suspected in a spectrum deal, the government is likely to cancel the contract between ISRO's commercial arm Antrix and Devas Multimedia allowing it the use of scarce
New Delhi, Feb 8: Under attack over an alleged scam in allocation of scarce S-band spectrum, the ISRO today announced that it has already initiated the process to terminate the deal with Devas Multimedia and
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