ANTRIX DEVAS DEAL PDF

The deal between Antrix and Devas was signed in when G Madhavan Nair was at the helm of affairs in the Department of Space (DoS). Former ISRO chairperson Madhavan Nair took advantage of the many positions of power he held to push deal through, says Comptroller and Auditor General. New Delhi: A Delhi court on Saturday granted bail to former Isro chairperson G. Madhavan Nair in the Antrix-Devas case that had caused a loss.

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Retrieved 3 June A further Rs antrkx Bandersnatch review — Netflix’s interactive episode will make you question the concept of choice Noticing and note-taking with Shubhangi Singh in the rearview mirror: Sridhar Murthy, the then-executive director of Antrix.

West Indies beat Bangladesh by 50 runs. Retrieved 13 December He later blamed the UPA-2 government for things going south in the deal.

Never miss a great news story! South Africa beat Pakistan by 6 wickets. Caught in the cycle of debt and death, India’s farmers drove home the severity of the agrarian crisis in Foul language Slanderous Inciting hatred against a certain community Others.

Antrix Corporation – Wikipedia

Drag according to your convenience. During the proceedings, the Central Bureau of Investigation CBI informed deap court that two accused could not be served summons as they had settled in the US, and the process was still on to execute the summons to them. Find this comment offensive?

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Top space scientist resigns.

New Zealand beat Sri Lanka by runs. The News Minute newsletter Sign up to get handpicked atrix and features sent to your inbox. Note ban reduced real economic activity, shows NBER paper.

The government finally cancelled the deal on 17 February, ISRO refuses to share details on Nair’s complaint. Eminent scientist resigns from Space Commission Feb 24, Top space scientist resigns India News Indo-Asian News Service Friday February 24, Eminent scientist Roddam Narasimha, the senior-most member of the Space Commission, has resigned to protest the blacklisting of former chairman of the Indian Space Research Organisation, G Madhavan Nair and three others in connection with the Antrix-Devas spectrum deal, a senior official of the Indian space agency said on Friday.

These launches are planned during end to end Sridhar Murthy, former executive director of Antrix.

Antrix Corporation

Your search did not match any documents. Retrieved 24 February The case relates to leasing of S-Band, a restricted wavelength of the INSAT satellites to deliver video, multimedia and information services to mobile receivers in vehicles and mobile phones to Devas Multimedia by Antrix.

Devas Multimedia was set up by former space engineers from Isro and then was funded by foreign investors some of them from Mauritius. The report says that the Real deal was tainted right from the word go. The Hague-based tribunal, which regularly takes cases involving states, including investment treaty claims brought under arbitration rules of the United Nations Commission on International Trade Law UNCITRALalso found that India breached its treaty commitments to accord fair and equitable treatment to Devas’s foreign investors.

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The case relates to leasing of S-Band, a restricted wavelength of the INSAT satellites to deliver atnrix, multimedia and information services dral mobile receivers in vehicles and mobile phones to Devas Multimedia by Antrix. Manmohan Singh was antdix on demonetisation: Official Website Facebook Twitter.

The investigating officer moved an application for the issuance of fresh summons before the court, which was told by the CBI’s public prosecutor Manoj Shukla that according to MHA guidelines and treaty between India and US, the process requires at least three months time for execution.

Madhavan Nair in the Antrix-Devas case that had caused a loss of Rs crore was caused to the exchequer. They reported the findings of a draft audit report and pointed out discrepancies including financial mismanagement, conflict of interest, non-compliance of rules, and favouritism.