Antrix
-
{
- All
- News
- Videos
-
Devas Seizes $87,457 Cash In US In Antrix Dispute
Devas Multimedia has seized USD 87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a USD 1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday.
-
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.
-
Supreme Court Upholds Winding Up Of Devas Multimedia
The Supreme Court on Monday upheld the winding up of Devas Multimedia saying," it is a case of fraud of a huge magnitude which cannot be brushed under the carpet, as a private lis".
-
US Court Asks ISRO's Commercial Arm To Pay $1.2 Billion To Bengaluru Firm
A US court has asked Antrix Corporation, the commercial arm of ISRO, to pay compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
-
Probe Agency Imposes Rs 1,585 Crore Penalty On Devas For Forex Violation
The Enforcement Directorate imposed a Rs 1,585 crore penalty on satellite services provider Devas Multimedia Ltd, its directors and foreign investors for illegal foreign investment of Rs 579 crore against the Foreign Exchange Management Act 1999
-
ISRO to Launch 2 UK Satellites Into Orbit on Sunday
The two satellites belong to Surrey Satellite Technologies Ltd (SSTL), UK, under commercial arrangement with Antrix Corp - the commercial arm of ISRO.
-
There Is Big Money to Make in Space Business: Antrix Chairman S. Rakesh
ISRO's commercial arm Antrix Corporation is waiting for India to enter the multi-billion dollar space business.
-
ISRO Preparing SSLV Rockets for On-Demand Launches
While it takes about 300-400 people between 45 and 60 days to prepare major satellite vehicles, SSLVs would require only 72 hours and 3-6 people for launch.
-
With Moon Race Called Off, Antrix And TeamIndus Also End Launch Agreement
India's space agency ISRO's commercial arm Antrix today said its launch services agreement with space company TeamIndus has been "mutually terminated". Bengaluru-based TeamIndus had said it would launch a spacecraft aboard the Polar Satellite Launch Vehicle (PSLV) from Satish Dhawan Space Centre in Sriharikota in 2018.
-
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.
-
For $30 Million Prize, Bengaluru Start-Up Is Busy With Its Moon Mission
In a large warehouse-like office just outside Bengaluru, it's a busy day at work for people at this start-up.
-
ISRO Will Launch 83 Satellites In One Go In January 2017
Indian Space Research Organisation (ISRO) will launch 83 satellites, 80 of them being foreign, in one go in January next year, the Lok Sabha was told today.
-
ISRO Eyes Record With Launch Of 83 Satellites On Single Rocket In Early 2017
Indian space agency ISRO is aiming for a world record by putting into orbit 83 satellites - two Indian and 81 foreign - on a single rocket in early 2017, a top official of Antrix Corporation said.
-
Devas Falsely Claimed To Have IPR Of Hybrid Technology: CBI
Devas Multimedia had pocketed the deal with Antrix within a month of its inception on the basis of an allegedly false claim that it has IPR of a new technology for delivering multimedia content which saw its share price skyrocket 12,5000 times, according to CBI.
-
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.
-
Devas Seizes $87,457 Cash In US In Antrix Dispute
Devas Multimedia has seized USD 87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a USD 1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday.
-
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.
-
Supreme Court Upholds Winding Up Of Devas Multimedia
The Supreme Court on Monday upheld the winding up of Devas Multimedia saying," it is a case of fraud of a huge magnitude which cannot be brushed under the carpet, as a private lis".
-
US Court Asks ISRO's Commercial Arm To Pay $1.2 Billion To Bengaluru Firm
A US court has asked Antrix Corporation, the commercial arm of ISRO, to pay compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
-
Probe Agency Imposes Rs 1,585 Crore Penalty On Devas For Forex Violation
The Enforcement Directorate imposed a Rs 1,585 crore penalty on satellite services provider Devas Multimedia Ltd, its directors and foreign investors for illegal foreign investment of Rs 579 crore against the Foreign Exchange Management Act 1999
-
ISRO to Launch 2 UK Satellites Into Orbit on Sunday
The two satellites belong to Surrey Satellite Technologies Ltd (SSTL), UK, under commercial arrangement with Antrix Corp - the commercial arm of ISRO.
-
There Is Big Money to Make in Space Business: Antrix Chairman S. Rakesh
ISRO's commercial arm Antrix Corporation is waiting for India to enter the multi-billion dollar space business.
-
ISRO Preparing SSLV Rockets for On-Demand Launches
While it takes about 300-400 people between 45 and 60 days to prepare major satellite vehicles, SSLVs would require only 72 hours and 3-6 people for launch.
-
With Moon Race Called Off, Antrix And TeamIndus Also End Launch Agreement
India's space agency ISRO's commercial arm Antrix today said its launch services agreement with space company TeamIndus has been "mutually terminated". Bengaluru-based TeamIndus had said it would launch a spacecraft aboard the Polar Satellite Launch Vehicle (PSLV) from Satish Dhawan Space Centre in Sriharikota in 2018.
-
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.
-
For $30 Million Prize, Bengaluru Start-Up Is Busy With Its Moon Mission
In a large warehouse-like office just outside Bengaluru, it's a busy day at work for people at this start-up.
-
ISRO Will Launch 83 Satellites In One Go In January 2017
Indian Space Research Organisation (ISRO) will launch 83 satellites, 80 of them being foreign, in one go in January next year, the Lok Sabha was told today.
-
ISRO Eyes Record With Launch Of 83 Satellites On Single Rocket In Early 2017
Indian space agency ISRO is aiming for a world record by putting into orbit 83 satellites - two Indian and 81 foreign - on a single rocket in early 2017, a top official of Antrix Corporation said.
-
Devas Falsely Claimed To Have IPR Of Hybrid Technology: CBI
Devas Multimedia had pocketed the deal with Antrix within a month of its inception on the basis of an allegedly false claim that it has IPR of a new technology for delivering multimedia content which saw its share price skyrocket 12,5000 times, according to CBI.
-
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.
