Newly-constituted PAC to probe Devas-Antrix deal New Delhi: The CAG report on the controversial Devas-Antrix deal which had slammed the Department of Space for policy violations, will be taken up by the newly constituted Public Accounts Committee. The decision in this regard was taken on Friday.

It was also decided in the first meeting of the PAC that the latest CAG report on revenue losses to the Railways will be taken up by it in the coming days.

The Comptroller and Auditor General had come down heavily on the Department of Space, particularly on its former secretary G Madhavan Nair, in the controversial Antrix-Devas deal alleging numerous rules and policies were violated and facts concealed to favour a private company.

PAC's controversial draft report on 2G scam which was critical of the PMO, the Prime Minister and others, also finds place in the "unfinished agenda" of the previous committee which has been "carried forward"....more    
05:09 PM, Jun 01, 2012

Antrix moves court against Devas Bangalore: Antrix, the commercial arm of ISRO has moved a local court seeking directions to restrain Devas Multi-media from proceedings with the arbitration it has filed against it in an international court in Paris on cancellation of agreement on S band spectrum allocation. Antrix, which cancelled its agreement with Devas, filed the petition before the Additional City Civil and Session Court, seeking an interim injunction against Devas. Judge D B...  
03:59 PM, Feb 09, 2012

Nair should not cry foul, says Narayanswamy

Union Minister Narayanswamy says Nair should not cry foul as he had met Prityush Sinha before the report was prepared. ...
09:47 AM, Feb 06, 2012

Nair fights for 'honour', wants ban revoked Bangalore: As voices get stronger against the governments decision to bar four scientists of ISRO from holding government posts, including former chairman G Madhavan Nair, the heat is on the Prime Ministers Office. It is now a question of honour, says Nair, who wrote a letter to Prime Minister Manmohan Singh earlier on Monday, asking him to revoke the ban. Sources say that the government, under pressure and facing criticism,...  
08:09 PM, Jan 30, 2012

'Morally bound' Nair quits as IIT-P chairman New Delhi: Former ISRO chairman G Madhavan Nair, who stepped down as the chairman of the Board of Governors of Indian Institute of Technology-Patna, on Saturday said that it was a matter of prestige for him and that he was morally bound to leave all government positions. "More than being hurt, it is a matter of prestige for me. I am morally bound to leave all government positions," he said....  
05:41 PM, Jan 28, 2012