Devas-Antrix Contract

What is the story of the Antrix-Devas deal?

In a big win for the Central govt, the Delhi High Court has set aside an arbitral award that directed ISRO's commercial arm Antrix Corpn to pay over $560 mn to start-up Devas Multimedia. Here's more

The Delhi High Court has set aside an arbitration award that asked Antrix to pay $562 mn to Devas

Law experts are baffled at how the government could go so wrong

Gets orders to launch 68 satellites by 2018

The commercial arm of Isro earns bulk of its foreign revenue from England, France

Nair says there is no criminal conspiracy and hope to come clean legally