{"id":464736,"date":"2022-01-29T10:06:51","date_gmt":"2022-01-29T04:36:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=464736"},"modified":"2022-01-29T11:34:35","modified_gmt":"2022-01-29T06:04:35","slug":"air-india-seeks-to-end-1-2-billion-us-case-citing-new-owner","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-seeks-to-end-1-2-billion-us-case-citing-new-owner\/","title":{"rendered":"Air India seeks to end $1.2-billion US case citing new owner"},"content":{"rendered":"<p>Air India Ltd is seeking to end a case filed by Devas Multimedia Pvt in a US court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. <\/p>\n<p>Devas is demanding $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 US court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. Devas is demanding $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":[176,146,130],"tags":[],"class_list":["post-464736","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464736","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=464736"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464736\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=464736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=464736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=464736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}