Furore over satellite deal: Antrix gets new a Chairman
India’s apex space policy body today set in motion a process to restructure Antrix Corporation, ISRO’s commercial arm, against the backdrop of a controversial two-satellite deal it had struck with a private firm.
The Space Commission, at a meeting here, formed a search committee to identify a Chairman-cum-Managing Director for Antrix.
Secretary, Department of Space is also the Chairman of Space Commission, ISRO and Antrix Corporation. Currently, K Radhakrishnan holds the posts.
After the new appointment, Radhkrishnan would no longer hold the top post in Antrix.
Antrix would continue to have a technocrat as its head but for the first time, since its creation in 1992, the person would not be the ISRO chief.
Radhakrishnan said the decision to have a CMD fo Antrix was taken considering its business expansion and a newly conferred ‘mini-ratna’ status.
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on Feb 12 2011. Filed under Breaking News.
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