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Antrix asks US court to stop Devas

Antrix asks US court to stop Devas
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Synopsis
Devas had sought the court s assistance in obtaining information needed to enforce the award, and for it to deny Antrix s 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 Multimedia’s attempts to track down assets and enforce an $1.2-billion arbitration award won by the satellite firm in 2015, marking the latest in a series of legal challenges mounted by the two parties. ....

New York , United States , Republic Of India , Anirudh Krishnan , Indian Space Research Agency , Newspace India , Vantrix Corp , National Company Law Appellate Tribunal , Cairn Energy Plc , Court Judgment , Telcom Devas Mauritius , International Chamber , Devas Mauritius Ltd , Newspace India Limited , Department Of Space , Delhi High Court , Supreme Court , Air India , National Company Law Tribunal , Devas Employees Mauritius Private , Devas Multimedia America Inc , Devas Multimedia , Devas Employees Mauritius Private Limited , Telcom Devas Mauritius Limited , Bilateral Investment Treaty , புதியது யார்க் ,

Grofers, Zomato and the big online grocery battle

Grofers, Zomato and the big online grocery battle
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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 accelerate
E-grocery sweepstake
E-grocer Grofers has signed a deal with Zomato and Tiger Global to raise $120 million, sources have told us. We were the first to report on May 7 that Zomato was in talks to invest $100 million in Grofers at a $1-billion valuation. ....

Blue Hill , New York , United States , Uttar Pradesh , Andhra Pradesh , Hong Kong , Republic Of India , Bajrang Dal , Brandi Bryant , Sameer Seth , Anirudh Krishnan , Jerry Yang , Tata Digitalacquired , Indian Space Research Agency , Axis Bank , Amazon Web Services , Vantrix Corp , Karnataka High Court , National Restaurant Association Of India , Bryant Consulting Group , Hunger Inc , Softbank Vision Fund , Cairn Energy Plc , Cantor Fitzgerald , Tide Platform Ltd , Bharat Innovation Fund ,

Devas seeks to seize Air India US assets to enforce Antrix arbitration award

Devas seeks to seize Air India US assets to enforce Antrix arbitration award
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Last Updated: Jun 30, 2021, 08:54 AM IST
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Synopsis
The litigation filed by Devas Multimedia in a US court stems from the cancellation of a satellite deal with ISRO’s Antrix Corp. in 2011 that culminated in the $1.2-billion arbitration award.
Devas Multimedia is the second company after Cairn Energy to target the overseas assets of Air India in its bid to enforce an arbitration award on the government.
Bengaluru:Devas Multimedia Pvt. Ltd.
has filed a petition in a New York court seeking to seize the assets of Air India in the United States as reparation for India’s failure to honour an $1.2-billion arbitration award won by the satellite firm in 2015. ....

New York , United States , Republic Of India , Balakista Reddy , Anirudh Krishnan , Indian Space Research Agency , Vantrix Corp , Deutsche Telekom , Delhi High Court , National Company Law Appellate Tribunal , Supreme Court , Cairn Energy Plc , Air India , National Company Law Tribunal , Ak Law Chamber Krishnan , Registrar Of Nalsar University Law , International Conventions Bits , International Chamber , Devas Multimedia , Within India , Nalsar University , Chamber Krishnan , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , குடியரசு ஆஃப் இந்தியா , அனிருத் கிருஷ்ணன் ,