Q.3327: ANTRIX -DEVAS DEAL

Type: 
Parliament Questions and Answers

GOVERNMENT OF INDIA
MINISTRY OF SPACE
LOK SABHA
UNSTARRED QUESTION NO 3327
ANSWERED ON 16.03.2011

Shri BABAR GAJANAN DHARMSHI

Will the Minister of SPACE be pleased to state:-

(a) whether Antrix-Devas deal is of interest to US as well with Columbia Capital being a partner in the project; and

(b) if so, the facts thereof?
ANSWER: MINISTER OF STATE IN THE MINISTRIES OF PARLIAMENTARY AFFAIRS, PERSONNEL, PUBLIC GRIEVANCES & PENSIONS AND IN PRIME MINISTER’S OFFICE (SHRI V. NARAYANASAMY):

(a) & (b) Columbia Capital is a US based Venture Capital franchise company and have invested in the shares of Devas Multimedia Pvt., Ltd., through Columbia Capital Devas (Mauritius) Ltd.,

http://164.100.47.132/LssNew/psearch/QResult15.aspx?qref=103440.

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