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The deal between Antrix and Devas was signed in when G Madhavan Nair was at the helm of affairs in the Department of Space (DoS). Former ISRO chairperson Madhavan Nair took advantage of the many positions of power he held to push deal through, says Comptroller and Auditor General. New Delhi: A Delhi court on Saturday granted bail to former Isro chairperson G. Madhavan Nair in the Antrix-Devas case that had caused a loss.

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South Africa beat Pakistan by 6 wickets.

Antrix-Devas case: Fifteen points to help you understand the deal – Firstpost

ISRO refuses to share details on Nair’s complaint India Antix Press Trust of India Sunday March 11, Indian Space Research Organisation has refused to share details of the progress of former space agency chief G Madhavan Nair’s complaint on the action taken against him in the controversial Antrix-Devas deal, saying a probe was still on in the matter.

Top space scientist resigns. Use dmy dates from February EngvarB from February Wikipedia articles in need of updating from March All Wikipedia articles in need dwal updating Articles containing potentially dated statements from January All articles containing potentially dated statements. Saturday 04 July You can further help us by making a donation.

Antrix-Devas deal case: Former Isro chief G. Madhavan Nair granted bail – Livemint

Nair Feb 5, Retrieved 6 February To see your saved stories, click on link hightlighted in bold. The Antrix-Devas scam is one of the most serious crisis Isro has faced antix its history.

Special judge Santosh Snehi Mann passed the order after being told that the summons issued earlier could not be served to Muthgadahali Gangarudaraiah Chandrasekhar since he is now settled in the US. Please update this article to reflect recent events or newly available information.

However, the deal failed to take off, as the then Manmohan Singh-led government in said the project was already under review and action has been initiated for termination of the contract. Investigations have revealed that Devas Multimedia transferred 85 per cent of the Rs crore foreign funding to the US under various claims.


Forge Advisors parent company of Devas. Retrieved 16 May The cognisance of the final probe report was taken after the CBI apprised the court that it had secured the requisite sanction from the authorities concerned to prosecute the former officials of premier space organisations.

Retrieved 13 December This article is closed for comments. The Devas Multimedia-Antrix Corporation agreement was annulled by the UPA government in February — in the backdrop of the alleged 2G scam in the telecom sector and allegations of a sweet heart deal — by citing usage of the S-band spectrum allocated to Devas for security purposes. The accused appeared before the court in pursuance to summons issued against them in September.

Manmohan Singh was right on demonetisation: ISRO refuses to share details on Nair’s complaint. CAG report slams Madhavan Nair.

Never miss a great news story! However, except three accused, the court granted bail to the rest who appeared before it, including A. From rich Asian Games medal haul to cricket team’s success in Australia, a defining year for India Caught in the cycle of debt and death, India’s farmers drove home the severity of the agrarian crisis in The Antrix-Devas deal, as it came to be known, was eventually scrapped early last year after national media highlighted loopholes in the contract.

Devas Multimedia Pvt Ltd.

The New Indian Express. The dwvas agency opposed the bail plea, saying they were high profile people and may flee if released on bail.

Antrix-Devas case: Court summons Devas Multimedia ex-director

This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together. During the proceedings, the Central Bureau of Investigation CBI informed the court that two accused could not be served summons as they dveas settled in the US, and the process was still on to execute the summons to them.


Get instant notifications from Economic Times Allow Not now. This page was last edited on 20 Decemberat New Year flushed with promise world over, but Kashmir stares at another period of gloom amid gunfights and clashes.

These launches are planned during end to end Rao, a former additional secretary in the Department of Space DoSon grounds she had a meeting with the Karnataka chief minister. This article needs to be updated. This revelation came at the heel of the 2G spectrum scam which was condemned for the high-level of corruption. A Delhi court on Saturday granted bail to former Isro chairperson G.

Retrieved from ” https: Unfortunate the entire report isn’t out: Former Isro chairperson G. Its objective is to promote the ISRO’s products, services and technologies. The court, meanwhile, took a strict view over the non-appearance of accused Veena S. Crude oil prices to direct sugar prices in Retrieved 24 February The ED has deao Devas Multimedia, its subsidiaries and its senior officials, and Sridhara Murthi, the former MD of Antrix, of facilitating the siphoning of a part of Rs crore foreign investment that was received by Devas Multimedia on the basis of its agreement with ISRO for building and launching two satellites to provide video services on mobile handsets in India.

Duringthe then Executive Director of Antrix Corporation in alleged criminal conspiracy with both advisors of the US-based company and ddal gave rights for the delivery of video, multimedia and information services to mobile receivers dael vehicles and mobile phones dvas S-Band through the GSAT-6 and GSAT-6A satellites and terrestrial systems in India to the company based in Bengaluru in violation of the guidelines pertaining to leasing of INSAT capacity.