What is Antrix Devas deal issue?
What is Antrix Devas deal issue?
What was the Devas-Antrix deal? They signed an “Agreement for the Lease of Space Segment Capacity on ISRO/Antrix S-band spacecraft by Devas Multimedia Pvt Ltd” on January 28, 2005, a month after Devas was incorporated in Bengaluru in December 2004 by two former ISRO employees.
Who are promoters of Devas?
President/CEO, Devas Multimedia Pvt Ltd.
What is Devas Multimedia case?
The shareholders of Devas Multimedia, a satellite company, have been pursuing cases in several jurisdictions globally to enforce seizure of the Indian government’s properties, to enforce a $1.3 billion arbitral award over a cancelled satellite deal.
What is the commercial arm of ISRO?
NewSpace India Limited (NSIL)
: ISRO’s commercial arm, NewSpace India Limited (NSIL) on Friday announced its first “demand-driven” communication satellite mission as part of Space reforms announced by the Government in June last year.
How many Devs are there in Hinduism?
33 devas
The Samhitas, which are the oldest layer of text in Vedas enumerate 33 devas, either 11 each for the three worlds, or as 12 Adityas, 11 Rudras, 8 Vasus and 2 Asvins in the Brahmanas layer of Vedic texts.
What is the salary of ISRO chief?
₹2.5 lakh
| Chairman of the Indian Space Research Organisation | |
|---|---|
| Inaugural holder | Vikram Sarabhai |
| Formation | 1963 (as chairman of INCOSPAR) |
| Salary | ₹2.5 lakh (US$3,300) (Monthly basic) |
| Website | Chairman ISRO, Secretary DOS |
What is the difference between Antrix and NSIL?
Whilst NSIL also works towards improving the local industry’s space expertise, Antrix handles ISRO’s deals with foreign customers. But, largely, both these entities have similar mandates. In fact, many observers were confused over the need to create another commercial arm in the first place.
Which was the first commercial and marketing arm of ISRO?
Antrix Corporation Limited
Antrix Corporation Limited was founded as a private limited company owned by the Government of India in September 1992 as a marketing arm of ISRO for the promotion and commercialization of space goods, technological consulting services, and technology transfer established by ISRO.
