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  • Devas shareholders to continue seizing Indian assets abroad

    Finance Minister Nirmala Sitharaman had said that the government will use the Supreme Court ruling calling the 2005 Antrix-Devas agreement a fraud to counter seizure of its properties overseas.

  • Devas case: AAI taking legal recourse against Canadian court's order to seize USD 30 million

    In a statement, a spokesperson of the AAI said: "AAI has not been served any order by the Quebec Court, Canada in this matter. However, IATA shared certain documents on AAI's request for suspending the transfer of amount collected on behalf of AAI."

  • Ex-ISRO chief Madhavan Nair summoned as accused in Antrix-Devas deal case

    The FIR was filed on March 16, 2015, against Nair and others accusing them of facilitating "wrongful" gain of Rs 578 crore to private multi-media company Devas by Antrix, the commercial arm of ISRO

  • Antrix-Devas deal: India to appeal against Hague tribunal's

    India lost the arbitration case in a Permanent Court of Arbitration (PCA) tribunal based in the Hague over its space marketing PSU Antrix Corp annulling a contract with Bengaluru-based private multimedia firm Devas.

  • Clear the air on action against scientists: Srinivasan

    Questioning as to why action has been taken only against scientists in the Antrix-Devas deal, eminent nuclear scientist M R Srinivasan today sought greater transparency on the issue.

  • Action against 4 ISRO scientists ridiculous: Prof. U R Rao

    Slamming the action against four space scientists over the Antrix-Devas deal without giving them a chance to defend themselves, former ISRO chief Prof U R Rao today described it as "ridiculous" and indicated it might impact decision-making process at the space agency.

  • Prithviraj meets Sonia, Pranab; talks Antrix-Devas deal

    Maharashtra Chief Minister Prithviraj Chavan today met Congress President Sonia Gandhi and Finance Minister Pranab Mukherjee and is understood to have apprised them about the controversial Antrix-Devas deal.

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