Antrix-devas Deal
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Backed By Supreme Court Order, Government Says Will Target Devas Assets
The government will use the Supreme Court order calling the 2005 deal between ISRO's commercial arm Antrix and privately-ownedDevasMultimedia a fraudto counter seizure of its properties, Finance Minister Nirmala Sitharaman said
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Deal On Congress Watch Was "Fraud On India," Says Nirmala Sitharaman: 10 Points
The Supreme Court's order on the 2005 Antrix-Devas deal is "proof of the Congress's misuse of power", Finance Minister Nirmala Sitharaman said today. The Supreme Court on Monday upheld an order to wind up Bengaluru-based startup Devas Multimedia.
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Antrix-Devas Case: 10 Key Things To Know
The Supreme Court on Monday dismissed an appeal filed by Devas Multimedia challenging a court order to wind up the company. A day later, Finance Minister Nirmala Sitharaman said a 2005 deal between Devas and Antrix Corporation was a proven fraud.
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Antrix-Devas Case: Court Summons Former Director Of Devas Multimedia
A Delhi court has issued summons to a former director of Devas Multimedia Pvt. Ltd. in the Antrix-Devas deal case that had allegedly caused a loss of Rs 578 crore to the exchequer.
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Antrix-Devas Deal Case: Former ISRO Chief G Madhavan Nair Granted Bail By Delhi Court
Former Indian Space Research Organisation or ISRO chairperson G Madhavan Nair was today granted bail by a Delhi court in the sensational Antrix-Devas deal case in which a loss of Rs 578 crore was caused to the exchequer.
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Antrix Deal: Devas Assets Worth Over Rs 79 Crore Attached
Assets worth over Rs 79 crore, belonging to Devas Multimedia Private Limited, has been attached by the Enforcement Directorate in connection with its money laundering probe in the Antrix-Devas deal.
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Ex-ISRO Chairman G Madhavan Nair Named In Antrix-Devas Case Chargesheet
Former ISRO chairman G Madhavan Nair has been named as one of the accused by the Central Bureau of Investigation in its chargesheet in the Antrix-Devas deal case today.
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Government Studying Antrix-Devas Order Before Filing Appeal At Hague
The government is studying the Hague tribunal's orders on Antrix-Devas deal and will file appeal against the verdict at an "appropriate time" in the international tribunal, ISRO Chairman said today.
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India To Appeal Against Hague Tribunal's Verdict In Antrix-Devas Deal
India will appeal against the verdict of the Hague tribunal in Antrix-Devas deal case, in which the international court had declared the annulling of the contract as "unfair" and "inequitable" and asked it to pay huge amount as compensation.
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India To Pay Big For Scrapping ISRO Satellite, Spectrum Deal: 10 Facts
India has lost a major case in international arbitration involving spectrum and satellites and may have to pay up to a billion dollars in damages. Today's verdict from the International Tribunal at the Hague could further the perception of India as an unreliable recipient of foreign investment, one who is prone to abrupt policy changes.
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Antrix-Devas Case: Former ISRO Chief Questioned By CBI
CBI today questioned former ISRO Chairman G Madhavan Nair in connection with the case registered by the agency for probing alleged Rs 578-crore "wrongful" gain to a private multi-media company Devas by Antrix, the commercial arm of ISRO.
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Antrix-Devas Deal: Enforcement Directorate Files Money Laundering Case
The Enforcement Directorate (ED) has registered a money laundering case to probe alleged Rs 578 crore "wrongful" gain to private multi-media company Devas by Antrix, the commercial arm of ISRO.
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Antrix-Devas Deal: CBI Registers Case Against Senior Officials for Causing Loss of 578 Crores
The Central Bureau of Investigation (CBI) today carried out searches after registering a case to probe an alleged Rs 578-crore "wrongful" gain to a private multi-media company Devas by Antrix, the commercial arm of Indian Space Research Organisation or ISRO.
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CAG slams Madhavan Nair for Antrix-Devas deal: 10 developments
One of India's best-known scientists, G Madhavan Nair, takes much of the rap in a report on the deal he sanctioned with a company named Devas during his term as the head of the Indian Space Research Organization or ISRO. The government's auditor finds Mr Nair guilty of "conflict of interest" and says that he failed to consult with ministries who w...
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Antrix-Devas deal: CAG report slams Madhavan Nair
The Comptroller and Auditor General (CAG) has come down heavily on the former Department of Space Secretary G Madhavan Nair in the controversial Antrix-Devas deal.
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Backed By Supreme Court Order, Government Says Will Target Devas Assets
The government will use the Supreme Court order calling the 2005 deal between ISRO's commercial arm Antrix and privately-ownedDevasMultimedia a fraudto counter seizure of its properties, Finance Minister Nirmala Sitharaman said
-
Deal On Congress Watch Was "Fraud On India," Says Nirmala Sitharaman: 10 Points
The Supreme Court's order on the 2005 Antrix-Devas deal is "proof of the Congress's misuse of power", Finance Minister Nirmala Sitharaman said today. The Supreme Court on Monday upheld an order to wind up Bengaluru-based startup Devas Multimedia.
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Antrix-Devas Case: 10 Key Things To Know
The Supreme Court on Monday dismissed an appeal filed by Devas Multimedia challenging a court order to wind up the company. A day later, Finance Minister Nirmala Sitharaman said a 2005 deal between Devas and Antrix Corporation was a proven fraud.
-
Antrix-Devas Case: Court Summons Former Director Of Devas Multimedia
A Delhi court has issued summons to a former director of Devas Multimedia Pvt. Ltd. in the Antrix-Devas deal case that had allegedly caused a loss of Rs 578 crore to the exchequer.
-
Antrix-Devas Deal Case: Former ISRO Chief G Madhavan Nair Granted Bail By Delhi Court
Former Indian Space Research Organisation or ISRO chairperson G Madhavan Nair was today granted bail by a Delhi court in the sensational Antrix-Devas deal case in which a loss of Rs 578 crore was caused to the exchequer.
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Antrix Deal: Devas Assets Worth Over Rs 79 Crore Attached
Assets worth over Rs 79 crore, belonging to Devas Multimedia Private Limited, has been attached by the Enforcement Directorate in connection with its money laundering probe in the Antrix-Devas deal.
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Ex-ISRO Chairman G Madhavan Nair Named In Antrix-Devas Case Chargesheet
Former ISRO chairman G Madhavan Nair has been named as one of the accused by the Central Bureau of Investigation in its chargesheet in the Antrix-Devas deal case today.
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Government Studying Antrix-Devas Order Before Filing Appeal At Hague
The government is studying the Hague tribunal's orders on Antrix-Devas deal and will file appeal against the verdict at an "appropriate time" in the international tribunal, ISRO Chairman said today.
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India To Appeal Against Hague Tribunal's Verdict In Antrix-Devas Deal
India will appeal against the verdict of the Hague tribunal in Antrix-Devas deal case, in which the international court had declared the annulling of the contract as "unfair" and "inequitable" and asked it to pay huge amount as compensation.
-
India To Pay Big For Scrapping ISRO Satellite, Spectrum Deal: 10 Facts
India has lost a major case in international arbitration involving spectrum and satellites and may have to pay up to a billion dollars in damages. Today's verdict from the International Tribunal at the Hague could further the perception of India as an unreliable recipient of foreign investment, one who is prone to abrupt policy changes.
-
Antrix-Devas Case: Former ISRO Chief Questioned By CBI
CBI today questioned former ISRO Chairman G Madhavan Nair in connection with the case registered by the agency for probing alleged Rs 578-crore "wrongful" gain to a private multi-media company Devas by Antrix, the commercial arm of ISRO.
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Antrix-Devas Deal: Enforcement Directorate Files Money Laundering Case
The Enforcement Directorate (ED) has registered a money laundering case to probe alleged Rs 578 crore "wrongful" gain to private multi-media company Devas by Antrix, the commercial arm of ISRO.
-
Antrix-Devas Deal: CBI Registers Case Against Senior Officials for Causing Loss of 578 Crores
The Central Bureau of Investigation (CBI) today carried out searches after registering a case to probe an alleged Rs 578-crore "wrongful" gain to a private multi-media company Devas by Antrix, the commercial arm of Indian Space Research Organisation or ISRO.
-
CAG slams Madhavan Nair for Antrix-Devas deal: 10 developments
One of India's best-known scientists, G Madhavan Nair, takes much of the rap in a report on the deal he sanctioned with a company named Devas during his term as the head of the Indian Space Research Organization or ISRO. The government's auditor finds Mr Nair guilty of "conflict of interest" and says that he failed to consult with ministries who w...
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Antrix-Devas deal: CAG report slams Madhavan Nair
The Comptroller and Auditor General (CAG) has come down heavily on the former Department of Space Secretary G Madhavan Nair in the controversial Antrix-Devas deal.
