Thursday, August 18, 2022

Devas seizes $87k worth Antrix assets in arbitral award enforcement

The Devas shareholders are enforcing an International Chamber of Commerce arbitral award of $1.2 billion to Devas, owed by ISRO commercial arm Antrix that scrapped a satellite deal with the company in 2011, leading to a decade-long legal battle.

from Tech-Economic Times https://ift.tt/FfEhRI4
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

India's data centre capacity may reach 3-3.6 GW by 2030, hyperscalers to drive growth: Axis Capital

The report noted that publicly announced capacity targets of 6-8 GW by 2030 appear aggressive. A more realistic estimate is 3.4-3.6 GW of pl...