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Sunday, Dec 04, 2022

Antrix

ANTRIX NEWS

Foreign investors in Devas Multimedia set sights on Air India assets in US, cite Canada court order

January 17, 2022 3:08 am

🔴 The three Mauritius-based investors are attempting to recover $111 million compensation awarded to them by an international tribunal over the cancellation of a 2005 satellite deal between Devas Multimedia and the Antrix Corp by the Indian government in 2011.

US court cites Antrix ‘delay’ tactics, refuses to stay proceedings in case

August 12, 2021 5:39 am

The US federal court for the Western district of Washington has cited delays in the appointment of an advocate for Devas Multimedia by a liquidator for the company while rejecting a plea for a stay on confirmation of a September 14, 2015 International Chamber of Commerce arbitration award.

US court cites Antrix 'delay', refuses stay on Devas investors plea for $1.3 bn compensation

August 11, 2021 11:28 am

The US federal court for the Western District of Washington has cited delays in the appointment of an advocate for Devas Multimedia by a liquidator for the company while rejecting a plea for a stay on confirmation of a 2015 International Chamber of Commerce arbitration award.

A BIT of a secret

January 22, 2014 4:32 pm

Bilateral investment treaty arbitration must be made more transparent.

SC rejects Antrix plea to move arbitration court against Devas

August 31, 2013 2:51 am

Says Devas has already initiated arbitration proceedings.

ISRO calls off deal with Devas

February 18, 2011 2:01 am

Antrix,the commercial arm of the Indian space agency ISRO,and Bangalore-based private company Devas.

Govt decision on Devas too little,too late: BJP

February 18, 2011 12:23 am

Finally,the government has to bow and scrap the deal.

Devas to sue govt if ISRO deal axed

February 16, 2011 3:40 pm

It termed "inappropriate" the government's "unilateral" decision to terminate the agreement.

The two sides of the spectrum deal

February 14, 2011 3:58 am

Johnson T A profiles ISRO’s commercial arm and the private firm with which it struck a deal to provide S-band transponders.

Govt had decided to cancel S-band tender last year: Chavan

February 08, 2011 9:44 pm

"I remember that this issue came up in 2010 and it was decided to cancel the tender," Chavan said.

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