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Devas lawsuit: Air India wins nod to appeal against Canadian ruling

Air India sought dismissal of Devas' foreign investors’ demand saying it is no longer a state-owned firm after its takeover by the Tata group. ....

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Devas Recovery Suit: Air India wins nod to appeal against seizure ruling in Canada

Air India has won a nod of an appeals court in Quebec to challenge a Canadian court order that allowed foreign investors in Bengaluru-headquartered Devas Multimedia to seize its funds to recover compensation for a failed 2005 satellite deal with Antrix Corporation, a commercial arm of ISRO. ....

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Nirmala Sitharaman to address media at 4:30 pm today

Finance Minister Nirmala Sitharaman will address a press conference on an important economic issue at 4:30 pm ....

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Antrix Corporation And Devas Multimedia 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. ....

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SC dismisses Devas' plea against NCLT's order to wind up firm

The Bengaluru-based company has been engaged in a decade-long legal tussle with ISRO’s commercial arm Antrix. A detailed verdict is likely to be uploaded by the afternoon. ....

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