News Broadcasting
London court orders Hughes to pay Subhash Chandra $58 million
After a long while, a court in the UK has provided some good news for media baron Subhash Chandra.
The Chandra promoted company Afro Asian Satellite Communications Gibraltar (AASCG) Ltd has won a five-year-long legal battle against Hughes Space and Communications International over a cancelled satellite contract.
The London Court of International Arbitration, in a ruling on 11 April, ordered Hughes to pay $38 million to AASCG plus up to $20 million in interest as well as court costs, the figure to be decided at a future date, the 30 April issue of Space News has reported.
Hughes Space and Communications International is part of Hughes Electronics Corporation’s satellite manufacturing arm, which was sold to Seattle-based Boeing Co last year.
AASCG and Hughes signed a $700-million contract in January 1995 for two large mobile-telephone satellites that AASCG was planning as part of its Agrani project. AASCG made an initial payment of $38 million to Hughes as part of the contract. But in late 1996, Hughes stopped work on Agrani, saying that the project’s backers were unable to finance further work.
But AASCG argued that Hughes stopped work on Agrani because of its greater interest in a contract with the Asia-Pacific Mobile Telecommunications (APMT) consortium of Singapore, a Chinese-backed concern that was planning a similar satellite system over East Asia.
For the US satellite maker, the AASCG-APMT episode has proved a costly one. In addition to losing the AASCG contract and being forced to reimburse the company with interest, Hughes was barred by the US government from shipping the APMT satellite due to technology transfer concerns. Hughes subsequently paid APMT a contract cancellation fee.
News Broadcasting
CNN-News18 to air live counting day coverage for five state election results on May 4
The channel is rolling out its biggest election coverage machinery yet for results day on 4th May
NOIDA: The votes have been cast. Now comes the reckoning. CNN-News18 is pulling out all the stops for results day on 4th May, when counting begins across five battleground states — West Bengal, Assam, Kerala, Tamil Nadu and the Union Territory of Puducherry — in what promises to be one of the most closely watched electoral verdicts in recent memory.
The channel’s coverage, titled Battle for the States: The Verdict, kicks off at 7am and runs through the day across linear TV, connected television and YouTube. It is the culmination of CNN-News18’s multi-format editorial initiative, Battle for the States, which has tracked the polls from the beginning under the theme Road to Power.
At the operational heart of the coverage will be the Live Results Hub, the channel’s central command centre built to collate, verify and process real-time data flowing in from reporters stationed at counting centres across constituencies. The hub combines newsroom intelligence, analytics and on-the-ground reporting to deliver what the channel promises will be the fastest and most accurate results coverage in English news.
Leading the on-air charge will be primetime anchors Rahul Shivshankar, Anand Narasimhan, Aman Sharma, Nabila Jamal and Shivani Gupta. They will be joined by a wide panel of commentators including author Chetan Bhagat; GVL Narasimha Rao, senior leader of the BJP; Smita Prakash, editor of ANI; activist Saira Shah Halim; political analyst Sumanth C Raman; Abhijit Iyer Mitra, senior fellow at IPCS; Amitabh Tiwari, founder of VoteVibe; columnist Abhijit Majumdar; Nalin Mehta, managing editor of MoneyControl; political analyst Tehseen Poonawalla; senior journalist Subir Bhaumik; and political analyst Manojit Mandal.
Shivshankar, who serves as editorial affairs director at CNN-News18, set out the stakes plainly. “Counting day is one of the most watched events in the electoral cycle, where speed and credibility are tested in real time,” he said. “Battle for the States: The Verdict is built on that promise, combining ground reporting, sharp analysis and cutting-edge election technology to give viewers the clearest and fastest route to the verdict. On May 4, CNN-News18 will once again be the nation’s most trusted channel to witness democracy in action.”
Smriti Mehra, chief executive of English and Business News at Network18, framed the coverage in broader terms. “Elections are defining national events, and audiences turn to brands they trust in moments that matter,” she said. “CNN-News18 has consistently led from the front in every election coverage, and this special programming reflects the scale of our ambition and editorial strength.”
The channel has form here. It claims to have been India’s most preferred English news destination for election results for the past 20 years, covering everything from the 2024 general elections to the Delhi, Maharashtra, Bihar and BMC polls on the back of what it calls an “Always First, Always Right” record. Five states, one day, and a nation waiting for answers. The clock starts at 7am on 4th May.
