Page 4 - Vantrix Corp News Today

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

While questioning the Quebec court’s order for seizure of AAI and Air India’s funds, legal experts advise the government to develop future domestic policy only after thoroughly reviewing the implications of various international agreements.

Three Mauritius-based entities, which have partnered with state-owned Antrix Corp to offer wireless broadband services in India, won orders from a Canadian court to seize amounts collected by the IATA on behalf of the AAI and Air India, court documents showed

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.

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Antrix asks US court to stop Devas SECTIONS Share Synopsis Devas had sought the courts assistance in obtaining information needed to enforce the award, and for it to deny Antrixs motion for a protective order PTI Indian Space Research Organisation (ISRO) launches the Brazilian satellite Amazonia-1 from the Satish Dhawan Space Centre in Sriharikota, Sunday, Feb. 28. 2021. (PTI Photo) Antrix Corp, the commercial arm of India’s space agency, has urged a federal court in Washington to block Devas...

A tale of two IPOs Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch Hi, Digbijay here. Today, Ashwin and I report on two well-known payments startups and their plans to cash in during the upcoming IPO rush. SoftBank’s investment in Swiggy gets CCI nod Antrix urges US federal court to stop Devas Mobikwik files for IPO, shareholders approve Paytm’s It’s finally happening. A clutch of I...

The Indian governments refusal to honour the award of an international arbitration tribunal to pay Edinburgh-based Cairn Energy its dues is becoming increasingly embarrassing. While the energy major has registered cases in various countries - the US, Netherlands, Germany, etc - for seizing government assets like Air Indias aircraft, a French court has obliged and ordered a freeze on 20 Indian properties in central Paris. In a nutshell: The tax department seized and sold a 10 per cent stake in C...

Synopsis Devas Multimedia, a company which is seeking over $1.2 billion it had won in a similar award against the government, and the Indian government are locked in a number of tussles. Then, there is the Vodafone case as well. Arbitration case: Cairn Energy secures French court order to seize 20 Indian govt properties in Paris Related As India tries to come to terms with the court order allowing Cairn Energy to seize the first batch of overseas Indian assets, problems for the govt may have on...

Grofers, Zomato and the big online grocery battle Want this newsletter delievered to your inbox? SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch Grofers is the latest beneficiary of the boom in online grocery deliveries. The company is set to become the latest Indian startup unicorn after raising $120 million from Zomato and Also in this letter: HC to hear Twitter India MD’s petition next week Sequoia picks 13 Indian startups to ac...