ISRO Antrix

ISRO Antrix News

Bengaluru court has jurisdiction to hear Antrix-Devas dispute: Delhi HC

Antrix, in its 2011 plea in Bengaluru, had sought directions to Devas for restraining it from proceeding with the ICC arbitration, contrary to the agreement between them, and from getting it modified by the ICC.

ISRO shows why we have to invest more on innovative institutions

Consider this to be a swift boost for the Indian morale to stratospheric levels. With its 35th successful PSLV (Polar Satellite Launch Vehicle ) mission, this is a proud moment for India – its homegrown space agency has successfully transcended the records established by Russia and the United States.

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Panel that fined Antrix $672 m said ISRO chief was in conflict of interest

The tribunal noted that the then Antrix chairman Dr K Radhakrishnan was also chairman of ISRO, chairman of the Space Commission and secretary, Department of Space (DoS).

$672 mn arbitration award: ISRO arm messed case before losing to Devas

Antrix did not challenge appointment of chairman of arbitral tribunal as a case of conflict of interest.

Antrix-Devas deal: Government to field top lawyers in Delhi High Court

The government hopes to prove in court that the deal was scrapped by the previous UPA government due to illegalities and irregularities in the contract between Antrix and Devas.

The story of a Rs 4,400 crore fiasco at ISRO

An investigation under the Companies Act was launched against Devas, which, meanwhile, had approached the courts seeking damages for cancellation of the agreement.

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