Antrix

The Ninth Circuit upheld confirmation of the $562.5 million arbitral award but directed a US district court to examine the impact of subsequent annulment proceedings in India

The Delhi High Court has set aside an arbitration award that asked Antrix to pay $562 mn to Devas

Officials discussed the Companies Act and its implementation under the mutual legal assistance treaty (MLAT)

But it is not clear whether the relief will be extended to private launch companies

Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors

239 commercial satellites were launched by the space agency's arm during this time

The global space business is a whopping $330 billion (Rs 23 lakh crore) and growing 2-3 per cent annually

Antrix is looking to appoint a global consultant who can help it estimate the market opportunity to sell the data to customers

Department of Space says Tribunal defends India's security interests provision, damages limited to 40% of investment value; India has to pay $672 mn