Devas Multimedia has seized USD 87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a USD 1.2 billion compensation it had won over a cancelled satellite ...

The long-running suite of legal problems that surround the 2005 failed deal between India’s Space Research Organisation (ISRO) and its Antrix commercial arm show no sign of abating. Devas Multimedia, ...

The very long-running dispute between India’s ISRO Antrix commercial division and a (then) satellite agreement with Devas Multimedia, commenced in 2005, continues to very slowly process through ...

The Enforcement Directorate (ED) on Monday (06 May) slapped a Rs 1,200 crore FEMA violation notice in connection with alleged "wrongful" gain made to private multi-media company Devas by Antrix, the ...

Devas Multimedia, whose controversial deal for scarce S-band spectrum with Antrix Corporation was annulled by the government, has moved the International Court of Arbitration for restoration of the ...

In a major setback for Antrix Corporation, the commercial arm of ISRO, a federal court in the US has directed it to pay a compensation of $1.2 billion to Bengaluru-based start-up, Devas Multimedia, ...

Devas Multimedia Pvt., a company seeking over $1.2 billion it won in international arbitration from India, has joined Cairn Energy Plc in seeking to seize Air India Ltd.’s assets abroad. Calling the ...

BANGALORE, India — The Indian government will challenge a ruling by the International Criminal Court (ICC) directing Antrix Corp. — the commercial arm of the Indian Space Research Organisation — to ...

Do you know How investors in a fraudulent company tried to seize India’s assets abroad after a failed deal in India. It was Devas Multimedia who not not tried to stole from our country but also tried ...