scorecardresearch
Thursday, August 28, 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

Severe Hyderabad internet outages make it an IT hub without the IT part

Many offices in Telangana have asked their employees to work from home because of heavy rainfall, but it has become impossible due to the internet outages.

‘Not just Russian oil, India tapped us along on trade deal,’ says US treasury secy Scott Bessent

New Delhi: The US is not worried about the rupee “becoming a reserve currency” given that it is at an all-time low versus the...

CDS on differences on theaterisation—views welcome, final call to be in nation’s best interests

The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.