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The Times of India
The Times of India
Business
Surendra Singh | TNN

Explained: Nuts and bolts of the controversial Antrix-Devas case

Devas Antrix AI New Delhi Bengaluru India

NEW DELHI: It all started with signing of a satellite deal in 2005 between Isro’s commercial arm Antrix and Bengaluru-based startup Devas Multimedia.

The controversial deal was cancelled later and the decade-old-long legal battle between Antrix and Devas ended in the Supreme Court on Monday (January 1, 2022), which ordered the winding up of the startup.

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