Devas

India is set to receive another game from Indian developers- a MOBA titled Devas Vs Asuras. It is the “first-of-its-kind" Multiplayer Online Battle Arena, and is inspired from Indian mythology. The Hyderabad based game studio Fifth…

A still from ‘Bagheera’  | Photo Credit: Special Arrangement After his mother dies, Bagheera escapes captivity and becomes a force to reckon with for everyone around except Mowgli, to whom he’s a friend who he’d protect at any cost. This…

Unfazed by the Supreme Court upholding winding up of the company, shareholders of Devas Multimedia will continue to seek seizure of Indian government assets abroad to…

Finance minister Nirmala Sitharaman challenged the Congress party to come clean on Antrix-Devas deal after Supreme Court's order on Monday upholding the liquidation. The Congress government didn't appoint any arbitrator after Devas went for…

In partial relief for India, a court in Canada has said that investors of Devas Multimedia can seize only 50% of Air India’s (AI) assets held by the International Air Transport Association (IATA). It has also quashed the order permitting…

Why has a Canadian court ordered the seizure of more than $30 million worth of AAI’s assets? How can a foreign power issue such an order? The story so far: In 2005, Devas Multimedia signed an agreement with Antrix —a commercial arm of…

The shareholders had sought the right to seize all sum or moveable property of India and/or AAI being held by the International Air Transport Association Devas shareholders have seized $6.8 million worth of Airport Authority of India’s…