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ISRO terminating contract with Devas on spectrum

ISRO terminating contract with Devas on spectrum
New Delhi, Feb 8 (PTI) Under attack over an alleged scam in allocation of scarce S-band spectrum, the ISRO today announced that it has already initiated the process to terminate the deal with Devas Multimedia and claimed there was no financial loss to the government on account of this.
Read more on Press Trust of India

PM sets up panel to probe ISRO-Devas agreement
New Delhi/Bangalore, Feb 10 (IANS) Prime Minister Manmohan Singh Thursday formed a two-member commission to probe allegations of revenue losses in the allocation of space spectrum using S-band — high value and scarce radio waves — between the Indian Space Research Organisation’s (ISRO) commercial arm and a private company.
Read more on IANS India Private Limited via Yahoo! India News

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