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Top News In இஸ்ரோ ஸ்பேஸ்போர்ட் ஸ்ரீஹரிகோட்டா இல் ஆந்திரா பிரதேஷ் Today - Breaking & Trending Today

Blackstone: Ex Blackstone MD's fund buys into defence supplier Data Patterns

Data Patterns, a home grown Defence & Aerospace Electronics Systems Company, develops systems for land, sea, air and space platforms.
Established in 1985 by S. Rangarajan, Rs 200 crore Data Patterns has a workforce of over 700, currently.
Data Patterns has domain expertise in development and designing of radars, communication, avionics, fire control systems, missile electronics, naval systems and satellite systems for predominantly Indian Defence and Space establishments and exports to the United Kingdom, South Korea and Europe.
The company’s client list includes DRDO, MoD, BEL,
HAL, ECIL and ISRO. Data Patterns has a dedicated research, design and manufacturing facility in Chennai.
With Government of India’s emphasis on increasing local sourcing of defence equipment and components, the domestic supply eco-system is set to benefit from significant opportunity in the next few years. ....

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With over 350 private space companies, India in fifth place globally

Science News: Amid all the pandemic gloom, good news emerging from India’s space tech sector is that the number of private firms more than 350 is already more t ....

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India ramps up military satellite plans - Defence Notes

Satellites offer numerous ISR advantages, ones that the Indian military needs more than ever. ....

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Antrix-Devas, BIT Arbitrations, and India's Quixotic Approach

At the core of this dispute is a 2005 agreement between Antrix and Devas for the lease of satellite spectrum which was annulled in 2011 following a policy decision of the Indian government. ....

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Devas Multimedia: NCLT directs liquidation, accepts petition by ISRO's Antrix Corp

NCLT directs liquidation of Devas Multimedia, accepts petition by ISRO s Antrix Corp
Devas Multimedia: NCLT directs liquidation, accepts petition by ISRO s Antrix Corp
The National Company Law Tribunal (NCLT) has directed to initiate the liquidation process of Devas Multimedia by allowing the petition filed by Antrix Corporation, a commercial arm of the Indian Space Research Organisation.
The Bengaluru bench of the NCLT has said Devas Multimedia was incorporated with a fraudulent motive to collude and connive with the then officials of Antrix Corporation to get bandwidth from it by entering into an agreement in 2005, which was subsequently cancelled by the government. ....

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