{"id":464623,"date":"2022-01-29T08:55:03","date_gmt":"2022-01-29T03:25:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=464623"},"modified":"2022-01-29T09:31:26","modified_gmt":"2022-01-29T04:01:26","slug":"devas-multimedia-air-india-seeks-to-end-1-2-bn-us-case-citing-new-owner","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/devas-multimedia-air-india-seeks-to-end-1-2-bn-us-case-citing-new-owner\/","title":{"rendered":"Devas Multimedia: Air India seeks to end $1.2-bn US case citing new owner"},"content":{"rendered":"<p>Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt. in a U.S. court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards.<\/p>\n<p>Devas demands $1.2 billion from the Indian government after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm. The company is seeking to seize overseas assets of the formerly government-owned flag carrier, which was handed over to Indian conglomerate Tata Sons Pvt. on Thursday, saying the national carrier is an alter ego of the Indian government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt. in a U.S. court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. Devas demands $1.2 billion from the Indian government after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm. The company is seeking to seize overseas assets of the formerly government-owned flag carrier, which was handed over to Indian conglomerate Tata Sons Pvt. on Thursday, saying the national carrier is an alter ego of the Indian government.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-464623","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=464623"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464623\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=464623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=464623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=464623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}