Antrix

Antrix-Devas arbitration: A timeline of the 11-year-long legal battle

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

Centre in talks to address legal hurdles in liquidating Devas Multimedia

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

GST council exempts satellite launches by Isro, Antrix from 18% GST

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

Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study

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

Isro's commercial arm Antrix Corp clocked Rs 6,289 cr in last three years

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

There's big money to make in space business for Indian firms: Antrix chief

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

Antrix to sell map data to local companies

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

Antrix loses satellite case appeal against Devas, a second time

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