BUSINESS
Budget 2023: Drone industry wants tax relief, service-linked incentives, increase in PLI outlay
The industry says the offer of incentives it is seeking from the budget will position it for the next level of growth.
BUSINESS
It takes 5 minutes for Shankar Sharma to hitch a ride on market-bound drone startup
The company's December 13 - 15 initial public offering (IPO) of shares will be priced between Rs 52 and Rs.54 apiece
BUSINESS
Bellatrix Aerospace plans multiple launches in 2023 to test satellite engines
The space tech start-up also plans to launch its space taxi, or orbital transfer vehicle, service by 2024.
BUSINESS
Comply with cyber security policies: AIIMS to officials in August
This crisis is taking place at a time when the government has flagged the lack of a cyber-crisis management plan among government bodies.
BUSINESS
Global chip shortage: High lead times, import woes plague Indian space tech startups
According to Naga Bharat Daka, co-founder of Hyderabad-based Skyroot Aerospace, a free trade agreement with European Union supply chain players would benefit the space tech ecosystem.
BUSINESS
Penalties in India's data protection bill fall short when compared to others: Experts
Experts, however, added that ensuring strict implementation of the Digital Protection Data Bill 2022 provisions would be more beneficial to data protection than introducing harsher penalties.
BUSINESS
Govt promotes facial authentication to verify pensioners in month-long campaign
For the past month, the Department of Pension & Pensioners' Welfare (under the Ministry of Personnel, Public Grievances, and Pensions) has been running a campaign to increase the use of facial authentication, involving banks, ministries, and pensioners' associations.
BUSINESS
Space Kidz India's student-made payloads aboard Skyroot's Vikram S rocket meet mission parameters
Space Kidz India's payload, FunSAT, consisted of 80 experiments conducted by 160 students from India, the United States, Indonesia, and other countries.
BUSINESS
Agnikul Cosmos inaugurates India's first private rocket launchpad
In December, the startup will use the launchpad to test launch its Agnibaan launch vehicle, which is powered by a 3D-printed, patented engine called Agnilet.
BUSINESS
With ISRO's PSLV-C54, Pixxel to close chapter on a long wait for Anand satellite launch
Next, the start-up is concentrating on getting its constellation of hyperspectral satellites ready for launch by October 2023, Kshitij Khandelwal, co-founder of Pixxel said. It would would mark the beginning of Pixxel’s full-scale commercial operations.
BUSINESS
Dhruva Space CEO says Hyderabad-made satellites are for the world; dedicates launch to amateur radio ecosystem
Dhruva Space CEO Sanjay Nekkanti stated that based on the results of the Thybolt mission on November 26, the company intends to launch full-fledged commercial operations in the future.
BUSINESS
NASSCOM highlights red zone hurdles for drone ecosystem, urges govt to streamline process
Industry body NASSCOM also requested the government to develop a standard operating procedure (SOP) to help increase awareness of red zones, including do's and don'ts for law enforcement agencies.
BUSINESS
New data protection bill gives way more (and worse) exemptions to govt than PDP Bill: Justice Srikrishna
Earlier, when the bill was withdrawn, Srikrishna urged the government to prioritise citizens during the drafting of the new bill.
BUSINESS
India to help build framework to prevent AI misuse: Rajeev Chandrasekhar
The framework will ensure there are guard rails to prevent AI misuse, Chandrasekhar tells Global Partnership on Artificial Intelligence summit, as India takes over as the chair of the initiative
BUSINESS
Pixxel to launch 'Anand' satellite aboard ISRO's PSLV on November 26
Anand is a hyperspectral micro-satellite that weighs less than 15 kg and supports 150+ wavelengths, according to the startup. This will allow it to observe Earth in much greater detail than non-hyperspectral satellites with less than 10 wavelengths.
BUSINESS
What Skyroot's Vikram-S lacked in spectacle, it made up for in significance
Mission Prarambh, a momentous day for Indian space ecosystem, was all of substance and not of show and rightly so
BUSINESS
Mission Prarambh | Vikram-S launch at half the cost of US, European counterparts: Skyroot Aerospace’s Pawan Kumar Chandana
"It will take a few launches to become profitable. We expect to do enough launches within a year or two after the first one to become sustainable and profitable," Chandana said.
BUSINESS
Mission Prarambh: Skyroot successfully launches Vikram-S rocket
Vikram-S, a carbon composite suborbital rocket carrying three customer payloads, launched from the Satish Dhawan Space Centre in Sriharikota at 11:30 am.
BUSINESS
Mission Prarambh: Meet the team firing up India’s first private rocket launch
Pawan Kumar Chandana and Naga Bharat Daka's Skyroot Aerospace is set to launch India's first private rocket on November 18. Chandana recounts to Moneycontrol how they went about the mission that would put their startup in the league of Elon Musk's SpaceX
BUSINESS
Data Protection Bill will penalise platforms for data misuse: Rajeev Chandrasekhar
Rajeev Chandrasekhar made the remarks in response to reports that Google had agreed to pay $392 million in penalties for tracking the location of users who had logged out of Google apps.
BUSINESS
MeitY unblocks VLC Media Player website within month of being served legal notice
The legal notice had said that the blocking of the videolan.org URL was in violation of international obligations to protect free speech in India and had threatened legal proceedings against the government if a copy of the blocking order was not provided to VideoLAN
BUSINESS
MeitY looks to set up National Government Cloud to store sensitive govt, defence data locally
The government will establish a network of hyper scale data centres, which are massive facilities built by companies with vast data processing and storage needs, to create the National Government Cloud.
BUSINESS
Mission Prarambh: Skyroot Aerospace to launch Vikram-S from Sriharikota on November 18
Named after the father of India's space programme Vikram Sarabhai, the sub-orbital solid-stage rocket, made of carbon composite with 3D-printed motors, would carry three customer payloads.
BUSINESS
Agnikul Cosmos plans commercial launch of Agnibaan around March 2023
Agnikul Cosmos is planning a test launch of its two-stage booster Agnibaan in December 2022. And, based on the findings of the test launch, the startup plans to conduct a commercial launch with customer payloads in March or April 2023, co-founder and CEO Srinath Ravichandran said.
