India Loses Antrix-Devas Case at the Hague; Faces up to $1 Billion in Damages

New Delhi: India has lost the arbitration case between the Indian Space Research Organisation (ISRO) and Devas in the international tribunal and may face up to $1 billion in damages. ISRO's commercial arm Antrix had cancelled a deal involving use of...

by Nagpur Today | Published 9 years ago
By Nagpur Today On Tuesday, July 26th, 2016

India Loses Antrix-Devas Case at the Hague; Faces up to $1 Billion in Damages

New Delhi: India has lost the arbitration case between the Indian Space Research Organisation (ISRO) and Devas in the international tribunal and may face up to $1 billion in damages. ISRO's commercial arm Antrix had cancelled a deal involving use of...