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Antrix asks US court to stop Devas

Antrix asks US court to stop Devas
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Devas had sought the court s assistance in obtaining information needed to enforce the award, and for it to deny Antrix s motion for a protective order
PTI
Indian Space Research Organisation (ISRO) launches the Brazilian satellite Amazonia-1 from the Satish Dhawan Space Centre in Sriharikota, Sunday, Feb. 28. 2021. (PTI Photo)
Antrix Corp, the commercial arm of India’s space agency, has urged a federal court in Washington to block Devas Multimedia’s attempts to track down assets and enforce an $1.2-billion arbitration award won by the satellite firm in 2015, marking the latest in a series of legal challenges mounted by the two parties. ....

New York , United States , Republic Of India , Anirudh Krishnan , Indian Space Research Agency , Newspace India , Vantrix Corp , National Company Law Appellate Tribunal , Cairn Energy Plc , Court Judgment , Telcom Devas Mauritius , International Chamber , Devas Mauritius Ltd , Newspace India Limited , Department Of Space , Delhi High Court , Supreme Court , Air India , National Company Law Tribunal , Devas Employees Mauritius Private , Devas Multimedia America Inc , Devas Multimedia , Devas Employees Mauritius Private Limited , Telcom Devas Mauritius Limited , Bilateral Investment Treaty , புதியது யார்க் ,

Devas Investors Win Round In $1.3B Award Fight With India

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Devas Investors Win Round In $1.3B Award Fight With India
Law360 (July 12, 2021, 10:12 PM EDT) A London judge has concluded that there is obvious merit in allowing investors in Devas Multimedia Pvt. Ltd. to join ongoing efforts to enforce a $1.3 billion arbitral award that was issued to the Indian satellite company, pointing to actions taken by India to allegedly stymie those efforts.
Judge David Waksman of the High Court of Justice concluded on Friday that the application by CC/Devas (Mauritius) Ltd. and other Devas shareholders, along with subsidiary Devas Multimedia America Inc., to serve their application to join the enforcement proceedings was well-founded, pointing to arguments that India has undertaken a worldwide effort to make. ....

United States , David Waksman Of The High Court , Devas Multimedia America Inc , Cc Devas Mauritius Ltd , Devas Multimedia , David Waksman , High Court , ஒன்றுபட்டது மாநிலங்களில் , தேவாஸ் மல்டிமீடியா அமெரிக்கா இன்க் , சி.சி. தேவாஸ் மொரீஷியஸ் லிமிடெட் , தேவாஸ் மல்டிமீடியா , உயர் நீதிமன்றம் ,

A tale of two IPOs

A tale of two IPOs
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Hi, Digbijay here. Today, Ashwin and I report on two well-known payments startups and their plans to cash in during the upcoming
IPO rush.
SoftBank’s investment in Swiggy gets CCI nod
Antrix urges US federal court to stop Devas
Mobikwik files for IPO, shareholders approve
Paytm’s
It’s finally happening. A clutch of Indian startups, after raising venture capital money, are now set to go public. And it’s happening fast. ....

New York , United States , Tamil Nadu , Andhra Pradesh , South Korea , Republic Of India , South Korean , Phani Kishan , Sangeeta Gupta , Bipin Preet Singh , Akshant Goyal , Tesla Gigafactory , Upasana Taku , Vijay Shekhar Sharma , China Alibaba Group , Indian Space Research Agency , Hm Group , Amazon Web Services , Vantrix Corp , Qatar Investment Authority , Goldman Sachs , Cairn Energy Plc , Softbank Vision Fund , National Restaurants Association Of India , Air India , Ali Baba Group ,

Tata Group may seek indemnity clause in Air India deal

Tata Group may seek indemnity clause in Air India deal
The company aims to protect itself from resultant court cases and hidden contracts that might emerge after the deal is done
Tata-Air India deal is likely to be delayed to Q1 next year
BusinessToday.In
Updated Jul 12, 2021, 9:29 AM IST
The Tata Group may ask for an indemnity clause in the Air India privatisation deal to protect itself from unexpected claims or ‘hidden contracts’ once the deal is done. Nevertheless, the company has been intensifying its due diligence on the Air India deal. This development comes on the back of possible risks arising out of claims made by Cairn Energy and Devas Multimedia that are seeking to seize the airline’s overseas assets. ....

Rajya Sabha , Cairn Energy , Tata Group , Indian Hotels , Air India , Civil Aviation Ministry , India Assets Holding Ltd , Tata Steel , Devas Multimedia , Bhushan Steel , Air India Assets Holding Ltd , ராஜ்யா சபா , கெய்ன் ஆற்றல் , டாடா குழு , இந்தியன் ஹோட்டல் , அேக இந்தியா , சிவில் விமான போக்குவரத்து அமைச்சகம் , இந்தியா சொத்துக்கள் வைத்திருத்தல் லிமிடெட் , டாடா எஃகு , தேவாஸ் மல்டிமீடியா , பூஷன் எஃகு , அேக இந்தியா சொத்துக்கள் வைத்திருத்தல் லிமிடெட் ,

Tata Group Likely To Ask Govt For Indemnity Clause In Air India Disinvestment Deal

Tata Group Likely To Ask Govt For Indemnity Clause In Air India Disinvestment Deal
Air India Jet. (Wikimedia Commons)
The Tata Group may ask the Government to include an indemnity clause in the Air India privatisation deal to protect it from unexpected claims and risks arising out of the recent claims filed by Devas Multimedia and Cairn Energy, seeking to seize Air India s overseas assets,
Economic Times.
The development comes at a time when the Tata Group is known to be intensifying the due diligence on the airline. The group is said to be aiming to shield itself from any resultant court cases and hidden contracts which may suddenly turn up once a deal is closed. ....

Cairn Energy , Air India , Tata Group , Tata Steel , Indian Hotels , Devas Multimedia , Bhushan Steel , கெய்ன் ஆற்றல் , அேக இந்தியா , டாடா குழு , டாடா எஃகு , இந்தியன் ஹோட்டல் , தேவாஸ் மல்டிமீடியா , பூஷன் எஃகு ,