India loses arbitration case to Devas in The Hague, damages could be $1 Billion

India loses arbitration case to Devas in The Hague, damages could be $1 Billion

The Hague, July 26 (IBNS) India has lost a big arbitration case in the International Tribunal in The Hague for cancelling a satellites and spectrum deal with Devas Multimedia and might end up paying a billion dollars in damages, said reports.

by IBNS July 26, 2016