Antrix Devas deal

ANTRIX DEVAS DEAL NEWS

Antrix-Devas deal: Ex-Department of Space officer says secrecy was needed due to US curbs

August 18, 2026 5:48 pm

“The technology we were trying to get through a service provider was included in the technology regime banned by the US,” former additional secretary S K Das tells CBI

US court upholds $565m award for Indian startup, blow to ISRO's Antrix Corp

August 16, 2026 4:23 am

The US court dismissed Antrix Corp’s argument that the case should have been decided in India, noting that foreign courts cannot order the seizure of assets in the US to enforce arbitration awards.

Delhi court rules Antrix-Devas 'main offences' happened in Bengaluru, returns 8-year-old CBI chargesheet

March 19, 2026 9:55 pm

The special CBI court accepted the application filed by former ISRO additional secretary Veena Sriram Rao, who questioned the court's jurisdiction to conduct the trial.

India asks US Supreme Court to respect comity of nations in Antrix-Devas dispute over failed satellite deal

March 04, 2025 10:27 pm

When the oral arguments in the dispute over the $1.2 billion arbitration award were allowed by the US Supreme Court, the counsel for Antrix Corporation argued that the case ‘serves as an irritant to the Indian government’.

US Supreme Court allows reconsideration of plea of Devas Multimedia investors seeking $1.2 bn compensation over failed satellite deal with Isro’s Antrix Corp

October 14, 2024 4:27 pm

The foreign investors of Devas Multimedia that have approached the US Supreme Court are CC/Devas (Mauritius) Limited; Devas Multimedia America Inc; Devas Employees Mauritius Private Limited; and Telcom Devas Mauritius Limited.

Court in The Hague rejects Indian govt plea against $111-million award to Devas investors

November 05, 2023 9:32 am

The district court, in an October 25 order, rejected the government's plea to consider the Supreme Court order as fresh evidence of wrongdoing by Devas Multimedia in the process of securing the 2005 satellite deal with Antrix Corp.

US court rejects plea by Devas Multimedia’s foreign investors to allow parent firms to intervene in global legal battle

June 15, 2023 3:12 pm

Three Mauritius-based investors in Devas Multimedia along with Devas Multimedia America Inc, a US arm of Devas, had approached the court expressing fears of moves by Mauritius officials to liquidate the firms at India’s instance.

Antrix-Devas deal: Delhi HC upholds order setting aside 2015 arbitral award

March 18, 2023 10:07 am

The bench said that the SC is the final court and once it lays down a law, it is “binding on all courts, Tribunals, on the Legislature and the Executive”.

Failed Antrix deal: Court in US allows 3 Devas investors to seize $87,000 from Intelsat

August 20, 2022 7:51 am

In a recent order, the court rejected a plea by Intelsat to stay the efforts by the Devas investors to seize its assets. Subsequently, on July 29, the court asked Intelsat to hand a cheque for $87,457 to Devas Multimedia America Inc, the US arm of Devas.

Failed 2005 satellite deal: US court refuses to stop Devas access to details of Antrix deal with US space firm

July 20, 2022 11:11 am

Antrix had sought a stay on the order while it filed an appeal against the order—to recover compensation to the tune of $ 111 million awarded to Devas Multimedia over the cancellation of the 2005 satellite deal.

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