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Friday, August 1, 2025
TopicDevas

Topic: Devas

Delhi HC allows Antrix plea, sets aside arbitration award in favour of Devas

While passing the judgment, the court held that the Impugned award dated 14 September, 2015, suffers from patent illegalities and is in conflict with the Public Policy of India.

Remember a convicted ‘non-guilty’ IAS officer, HC Gupta, when fretting over stalled economic reforms

The 2010-13 season of scandal-mongering still casts a shadow on Indian politics, and the victims are those at the lowest end of the decision-making chain.

Devas fraud was a treacherous compromise with India’s security. SC verdict teaches many lessons

Supreme Court verdict upholding NCLT decision to wind up Devas has dented ISRO's credibility. But govt should not start treating every start-up with suspicion.

Antrix-Devas case: What was the dispute & why SC upheld NCLAT order to wind up Devas for fraud

Bench upheld tribunal’s finding that Devas was incorporated with ‘fraudulent motive to collude and connive’ with some officials of ISRO’s commercial arm Antrix for wrongful gain.

Now Devas wants to seize Air India’s assets in the US to enforce $1.2 bn arbitration award

Calling Air India an 'alter ego' of the Indian state & therefore liable for sovereign’s debts, Devas filed plea in New York asking the airline to pay the amount or forfeit its US property.

On Camera

Trump tariff forces India to shed illusion. Stop conflating status with power

India’s future lies in pragmatism. Protectionism must be phased out gradually, not in disruptive shocks.

Sudden hike in Haryana circle rates is 2nd since Dec; stamp duty as high as 145% in parts of Gurugram

Gurugram: In an action that will significantly impact the value of property transactions in Haryana, Chief Minister Nayab Singh Saini has approved revised collector rates,...

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.