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Moily: There were reasons to cancel Isro-Devas deal

Source : BUSINESS_STANDARD
Last Updated: Sat, Feb 11, 2012 01:20 hrs

Union minister for corporate affairs M Veerappa Moily on Friday said there were grounds to cancel the Isro-Devas Multimedia deal, and the government has moved in a way preventing them from going for an international arbitration.

The Government of India had appointed two committees to probe the $300 million deal.

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