Business  /  Published 21.02.22

Respite for Air India

Air India has won the approval of an appeals court in Quebec to challenge a Canadian court order that allowed foreign investors in Bangalore-based Devas Multimedia to seize its funds to recover compen...
By PTI in New Delhi

Business  /  Published 24.01.22

Devas to seize govt assets

Unfazed by the Supreme Court upholding the winding up of the company, the shareholders of Devas Multimedia will continue to seek the seizure of Indian government assets abroad to collect $1.2 billion ...
By PTI in New Delhi

Business  /  Published 19.01.22

Blame game on Devas

The Modi government on Tuesday said it will oppose the international arbitration rulings favouring Devas Multimedia, a day after the Supreme Court upheld the National Company Law Appellate Tribunal&rs...
By Our Special Correspondent in New Delhi

India  /  Published 18.01.22

Devas ruling: FM slams Congress

Union finance minister Nirmala Sitharaman on Tuesday said the Supreme Court order upholding liquidation of the Devas Multimedia "is a comprehensive one, while accusing the previous Congress-led U...
By Our Bureau, Agencies in New Delhi

Business  /  Published 18.01.22

SC upholds decision to wind up Devas

The Supreme Court has upheld the decision to wind up Devas Multimedia Pvt. Devas is at the centre of a snowballing controversy that erupted after the UPA government in 2011 annulled an agreement that...
By Our Legal Correspondent in New Delhi

Business  /  Published 14.01.22

Asset freeze in France

A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a $1.3 billion arbitration award over a cancelled satellite con...
By Our Bureau, PTI in New Delhi


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