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Tuesday, March 26, 2024
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

72% of Indians are in favour of military rule. Complicates ‘deepening of democracy’ theory

The search for a permanent and coherent popular meaning of democracy is futile. The Pew report underlines this ever-evolving tendency of popular democracy in the Indian context.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

India deploys 11 submarines, a first in nearly three decades 

This deployment by the Indian Navy Friday is a stark contrast to the submarine history of the last two decades that has seen the arm hit by dwindling strength, accidents and write-offs.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.