Devas Multimedia Ltd News Today

While the multi-crore Antrix-Devas controversy about the S-band spectrum deal between the Indian Space Research Organisation (ISRO)’s Antrix firm and Devas (backed by American investors), leading to international legal disputes, may have faded from public memory; that there is interest in getting details of the money spent on court cases by this government organisation, effaces through the RTI route.

Despite a winding-up order by the Supreme Court, shareholders of Devas Multimedia Pvt Ltd say they will continue the pursuit of Indian assets across the globe and will not be deterred by the Indian government’s attempts to obstruct justice.

Government will oppose the international award given to Devas Multimedia Limited after the Supreme Court upheld NCLAT's order to wind up the company

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A law court in Montreal district of Canada has allowed three Mauritius-based investors of Devas Multimedia Pvt Ltd,

A law court in Montreal district of Canada has allowed three Mauritius-based investors of Devas Multimedia Pvt Ltd,

Investors in a satellite communications company have urged a federal judge to issue an order allowing them to register a $1.29 billion award enforcement nationwide, so they can begin seizing the U.S. assets of India's state-owned space corporation.