Wednesday, 30 September 2015

Isro told to pay Devas $672 million in damages

SOURCE: LIVEMINT An international tribunal has asked the commercial arm of the Indian Space Research Organisation (Isro) to pay Bengaluru-based space technology firm Devas Multimedia Pvt. Ltd $672 million in damages for cancelling a contract four years ago on grounds of national security. The ruling is a setback to Isro and the government, although the […]

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