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PMO calls for improvement in text of bilateral funding treaties

The Prime Minister s Office has tasked the commerce and industry ministry with reviewing the bilateral investment treaty (BIT) template to bolster India s appeal as an investor-friendly destination. The ministry plans to consult experts to address concerns over investor-state dispute resolution, aiming to refine the BIT text to align with India s interests and international norms. ....

United Kingdom , Cairn Energy , Devas Mauritius Ltd , Vodafone Group , Prime Minister ,

In relief for Antrix Corp, US court reverses confirmation of $1.2 bn compensation for failed Devas satellite deal

The US Court of Appeals for the Ninth Circuit ruled on August 1 that Antrix Corporation, ISRO’s commercial arm, enjoyed immunity under the Foreign Sovereign Immunities Act. ....

United States , G Madhavan Nair , Eric Miller , Donald Molloy , Lucy Koh , Deutsche Telekom , Telcom Devas Mauritius Ltd , Cc Devas Mauritius Ltd , Central Bureau Of Investigation , Intelsat Service , National Company Law Tribunal , International Chamber , Vantrix Corp , Indian Space Research Organization , Devas Employees Mauritius Pvt Ltd , Supreme Court On , Permanent Court , Eastern District , Devas Multimedia , Devas Mauritius Ltd , Forge Advisors , Central Bureau , Enforcement Directorate , Supreme Court , Bengaluru News , Antrix Corporation ,

bilateral investment treaty: Commerce Ministry backs tweaks to bilateral investment treaty

India s Ministry of Commerce and Industry is pushing for changes in the country s Bilateral Investment Treaty (BIT) text for some of its trade partners, but remains adamant that foreign investors must not invoke arbitration until they have exhausted all local remedies. India has gone into negotiations with the EU, where it has stressed that the country has a strong judiciary. ....

New Delhi , Piyush Goyal , Industry Ministry , Vodafone Group , European Union , Devas Mauritius Ltd , Cairn Energy , Union Minister , Industry Piyush Goyal , Industry Piyush , Bilateral Investment Treaty , Min Backs Tweaks , Bilateral Investment ,

bilateral investment treaty: Commerce Ministry backs tweaks to bilateral investment treaty

India s Ministry of Commerce and Industry is pushing for changes in the country s Bilateral Investment Treaty (BIT) text for some of its trade partners, but remains adamant that foreign investors must not invoke arbitration until they have exhausted all local remedies. India has gone into negotiations with the EU, where it has stressed that the country has a strong judiciary. ....

New Delhi , Piyush Goyal , Vodafone Group , European Union , Industry Ministry , Cairn Energy , Devas Mauritius Ltd , Union Minister , Industry Piyush Goyal , Industry Piyush , Bilateral Investment Treaty , Min Backs Tweaks , Bilateral Investment ,

Legal battle over Devas-Antrix deal reaches Mauritius shores

The move by Mauritius authorities to take control of the three Mauritius firms that invested in Devas is part of a protracted legal battle between Indian authorities and the Devas Multimedia investors. ....

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