Isro Antrix

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

Justice Sanjeev Sachdeva on Monday said the arbitral award of September 14, 2015 was plagued with patent illegalities and fraud and was also in conflict with the public policy of India

Supreme Court verdict to be highlighted in international courts, says FM

He said that the NSIL was set up to meet the ever-increasing demands of Indian space programme and to commercially exploit the emerging global space market.

From Apple selling record iPhones in Sept quarter in India to govt making first set of draft rules under labour code public, Business Standard brings you top news of the evening

India's first private earth imaging company raises $5 million in seed funding in Blume Ventures-led round

In five years revenue generated by launching satellites for other countries stood at Rs 1,245.17 crore

239 commercial satellites were launched by the space agency's arm during this time

India's space programme is a low-budgeted one with little room for the industries to grow, says Antrix CMD

The MoU entails Antrix Corporation and SatSure to bring their respective areas of expertise to ideate and build, as well as execute joint projects in India and elsewhere