ISRO in dock, arbitration case filed

The Indian Space Research Organisation (ISRO) with its eyes set on the Mars Mission scheduled later this year is in for a major setback as Antrix, its marketing arm, faces the bleak prospects of shutting down due to lack of international orders. Adding insult to injury is the arbitration filed against ISRO by Devas Multimedia in the International Court of Justice in Hague, the Netherlands, for cancelling a commercial deal by which the space agency was to build two communication satellites GSAT-6 and GSAT 6A for Devas.

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