devas

Former Managing Director of US-based Forge Advisors and CEO of Devas Ramachandra Vishwanathan and then Director of Devas M G Chandrasekhar, who did not appear before the court, were denied bail.

THE Central Bureau of Investigation ( CBI) said that top scientists of the Indian Space Research Organisation ( Isro) had deceived the previous Manmohan Singh government into going ahead with the $ 300 million Antrix- Devas deal that caused a wrongful gain of ` 578 crore to Devas in return for kickbacks.

The latest to add to the government's misery is the Devas controversy in which four top space scientists, including former chief of Indian Space Research Organization Madhavan Nair whom the same government honoured with Padma Vibhushan award, say they have been unjustly targeted without giving them a hearing.

Another scandal has broken out, involving the prestigious Indian Space Research Organisation (ISRO) and a private company, Devas Multimedia.

Catherine Devas, 83, was "wickedly exploited" with her cash allegedly funding luxury shopping trips to New York and pounds 5,000 on haircuts at a top salon.

In the earlier Vedic age the asuras and their counterparts, the devas, were both considered classes of gods, but gradually the two groups came to oppose each other.

Madhavan Nair and others, accusing them of facilitating 'wrongful' gain of Rs578 crore to private multimedia company Devas by Antrix.

THE Supreme Court on Friday gave a go- ahead to Devas Multimedia Pvt Ltd for initiation of arbitration proceedings outside India over cancellation of S- band spectrum granted to it by Antrix Corp Ltd, which is the commercial wing of the Indian Space Research Organisation ( ISRO).