UPSC CURRENT AFFAIRS-DAILY CAPSULE-AUG 14 2017
CLICK HERE TO SEE DATE WISE CURRENT AFFAIRS [sociallocker id="2087"] [/sociallocker] ISRO chief Nair met Antrix CEO twice News: Former ISRO chairman G. Madhavan Nair, had met alleged U.S.-based mastermind in the Antrix-Devas deal Ramachandra Vishwanathan twice before the agreement got the final government approval, the CBI said. Beyond news: The CBI already has sanction for the prosecution of Mr. Nair, apart from former ISRO director A. Bhaskar Narayana Rao and former Antrix executive director K.R. Sridhara Murthi. Incidentally, the Bengaluru-based Devas Multimedia was incorporated in December 2004 with a capital of just Rs. 1 lakh. Devas Multimedia is being treated by the CBI as a shell company. It had received investments to the tune of $130 million from four companies, three based in Mauritius and one in Singapore. The…




