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US court asks ISRO's commercial arm to pay $1.2 billion to Bengaluru firm

October 30, 2020

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A US court has asked Antrix Corporation, the commercial arm of ISRO, to pay compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.

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US court asks ISRO's commercial arm to pay $1.2 billion to Bengaluru firm

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