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Tuesday, 26 July 2016

Devas-Antrix deal: Tribunal rules against Indian government July 27, 2016 at 07:55AM

SOURCE: PTI An international tribunal has ruled that the Indian government had acted “unfairly” and “inequitably” in annulling a contract between city-based multimedia firm Devas and ISRO’s commercial arm Antrix, making it liable to pay financial compensation. A Permanent Court of Arbitration (PCA) tribunal based in the Hague has found that the Indian government’s actions […]

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