PRIVATE SPACE INDUSTRY
What should investors do with HDFC Bank stocks? Rahul Shah answers
So, a good IPO and the way they have priced it also, as you rightly said, that very reasonably priced and some money to be made on the table for the investors and in a pharma pack when we are seeing that most of the pharma packs are doing quite well and the way the segment which has been into Emcure is into, so all the front they have been firing at this point of time.
NASA: Will it cancel some of space programs due to spacesuit problems? Why did water leak during spacewalk outside ISS?
NASA faces a spacesuit crisis as astronaut Tracy Dyson experienced a leak during a spacewalk outside the International Space Station. Collins Aerospace abandoned its spacesuit project.
Chinese rocket accidentally launches during test, then crashes
Because of a "structural failure," the Tianlong-3 rocket separated from its testing platform while its propulsion system was being tested and lifted off from its launchpad, the rocket's owner Space Pioneer said in a statement. The accident occurred at 3:43 p.m. local time Sunday at a test facility in Gongyi city in central China's Henan province, the statement said.
Chakri Lokapriya on stocks to pick in cement, banking sectors
UltraTech is very well positioned. It is still the market leader. Adani on the other hand with ACC and Ambuja, is far more acquisitive. They can move on deals much faster. So, in terms of where will growth come faster from, it will be ACC and Ambuja, says Chakri Lokapriya.
Be cautious in power stocks; take some money off PSU banks: Nischal Maheshwari
There has been over-exuberance in the power sector. Whether it is the equipment, the supplying company, whether it is the generation guys, all have done well in the last year. So, Centrum Broking's Nischal Maheshwari recommends caution on the whole sector per se and says one should be very stock-specific.
What should investors do with telecom stocks? Sandip Sabharwal answers
So, the best play is Bharti only because that is a pure play which has profits, which has a decent balance sheet, and which has market share and still gaining market share. Vodafone Idea is more about hope. Now the hope is that at some stage they will make profits. I am very doubtful that one, with their current balance sheet, etc, if shareholders will ever get one rupee EPS also from this company.
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Here's why Rohit Srivastava is bullish on fertilizer stocks
When we actually look at the Strike Valuation Charts that we have on our platform, it shows the stock at minus two standard deviations, so that is an extreme in terms of the long-term valuation graph and when you are at that kind of level, definitely at some point of time interest had to get generated and you are starting to see that, now that is only one item and slowly you are seeing the momentum build up in the other private banks as well.
IN-SPACe announces launch of pre-incubation programme for space startups
IN-SPACe launches pre-incubation entrepreneurship programme to support early-stage space startups, chaired by Pawan Goenka.
What to expect from largecap private banks going ahead? Sandip Sabharwal answers
So, overall demand-supply outlook over the next couple of years does not look so good because supply increases are very rapid, demand increase has been subdued and companies have been unable to increase prices.
Now India can hope to have its own SpaceX and Blue Origin
Elon Musk's SpaceX and Jeff Bezos' Blue Origin lead the global space industry discourse. From reusable rockets to space tourism, these companies drive innovation in the space sector.
DiFACTO raises Rs 40 crore Series A funding from Stakeboat Capital
DiFACTO Robotics and Automation Private Limited has secured Rs 40 crore from Stakeboat Capital in Series A round to fuel growth and innovation in robotic automation solutions.
"ISRO aims to explore human space flight activities, build space stations": Chairman Somnath
Indian Space Research Organisation (ISRO) Chairman Sreedhara Panicker Somanath on Sunday attended a programme at a school and said that the space agency aims to explore human space flight activities and build space stations.
Expect good response on EV policy, FDI reforms in new govt; prepare for low tariff regime: DPIIT Secretary
India anticipates a positive response from numerous automobile companies to its electric vehicle (EV) policy, according to Rajesh Kumar Singh, DPIIT secretary. He noted that the government has adjusted tariffs to attract manufacturers without direct spending. Additionally, he stated that India might further liberalize FDI norms in select areas under the new government.
'Global interest in India encouraging for local industry': Sanjiv Puri
Sanjiv Puri, chairman of ITC, highlighted the global interest in the Indian economy at the CII Annual Business Summit 2024, emphasizing India's success in the digital economy and renewable space sector, showcasing public-private partnerships for global success.
Centre should start incentive scheme for states to mobilise resources at local level: Niti Aayog VC
The central government should come up with an incentive scheme on the recommendation of the Finance Commission for states to mobilise resources at the local level, Niti Aayog vice chairman Suman Bery said on Friday. Addressing the captains of the Indian industry at a CII Annual Business Summit, Bery said there is not enough pressure on either cities or states to generate non-tax revenue.
Rating Agencies need to relook at India’s credit ratings: NK Singh
NK Singh, chairman of the 15th Finance Commission, highlighted the prejudice and bias affecting India's credit rating, calling for a reassessment by credit rating agencies. During a session on climate financing at the Confederation of Indian Industry’s Annual Business Summit 2024, Singh emphasized India's strong debt repayment history. He also outlined the need for $5 trillion in climate financing, with contributions from multilateral development banks, private capital, and domestic resources. Singh stressed the necessity for reforms in the global financial architecture to meet climate financing challenges.
Indian space industry offers tremendous opportunity for private players, says ISRO Chief
ISRO Chairman S Somanath highlights the vast potential for growth and development in the Indian space industry, estimating a $9-10 billion industry within 5-10 years. He praises the collaboration between ISRO and private sector companies like SFO Technologies, emphasizing their role in advancing space technology and environmental sustainability initiatives.
Expect IT, banking, and FMCG to do well in coming quarters: Nischal Maheshwari
Nischal Maheshwari discusses the positive outlook for private banks and key sectors like IT, banking, and FMCG. He also comments on Bharat Forge's success in defense investments and praises Hero MotoCorp's position in rural recovery and EV markets. Maheshwari also says that Hero is the best place to play the rural recovery game.
Time to look at long-term stories rather than momentum picks now: Seshadri Sen
Seshadri Sen analyzes market dynamics post-exit poll, emphasizing short-term corrections and long-term investment strategies in manufacturing, consumer discretionary, cement, and aviation sectors. He advocates strategic stock selection and patient investing for optimal returns.
Indian-origin astronaut Sunita Williams set to fly into space for a third time on Tuesday
Indian-origin astronaut Sunita Williams, alongside Butch Wilmore, embarks on a significant mission flying Boeing's Starliner from Florida to the International Space Station, overcoming delays and contributing to the Commercial Crew Programme.
India will remain a rewarding market on a bottom-up basis: Ashwini Agarwal
I think there was a lot of disruption in the rural disposable income on account of the disruption in jobs in the urban area on a post COVID basis. But I think with manufacturing picking up several of those jobs are coming back and those transfers from urban to rural India might be getting back.
Tensions rise in Silicon Valley over sales of startup stocks
Tensions over the shadowy and often enigmatic market of private company stocks have reached a boiling point, just as the buying and selling of such shares has grown bigger than ever. At its center is an age-old debate: Should everyone have access to the riches and risks of investing in Silicon Valley startups?
Apple cofounder Wozniak's space startup Privateer buys Orbital Insight, raises $56.5 million
Privateer, founded in 2021 to help satellite operators navigate in Earth's increasingly crowded orbit, closed its Series A funding round in April, led by space-focused venture capital firm Aero X Ventures with other investors including Luxe Capital, Boca, Starburst, and the Winklevoss twins. The news is expected to be announced later on Monday.
KaleidEO joins select companies making imaging payloads
Bengaluru-based startup KaleidEO Space Systems, owned by SatSure Analytics India, has joined the ranks of a select few Indian private companies. They achieved this by independently designing, developing, and successfully testing a high-resolution optical earth observation payload from the ground up.
Boeing Starliner launch today: How to watch live? Meet the two NASA astronauts onboard
Two NASA astronauts are scheduled to embark on a journey to the International Space Station aboard a new spacecraft. Boeing's Starliner is set to launch from Cape Canaveral in Florida, marking its inaugural crewed test flight.
Easing FDI norms in space sector to attract foreign players, boost demand for high-tech jobs
Sreeram Ananthasayanam, Partner, Deloitte India, said that the recent amendment of higher FDI limits in the space sector is a significant step towards transforming India's space program, in terms of infrastructure development.
Easing FDI norms in space sector to attract foreign players, boost demand for high-tech jobs
The government's decision to ease FDI rules in the space sector is expected to attract foreign players, boost tech jobs, and foster innovation. The move enables 100% foreign investment in satellite components, supporting infrastructure development and creating new business opportunities.
Watch this space for lift-off in that space
SpaceX, owned by Elon Musk, has made two breakthroughs in space travel. Its rockets have powered Nasa's latest mission to the moon with an ultimate aim of mining it. And trials of reusable rockets have reached a stage where they can seriously lower the cost of placing satellites in Earth's orbit.
100 % FDI in the space sector: India opens its doors to enhanced private participation
The amendment is a part of the Indian Space Policy 2023. It is a comprehensive and dynamic framework designed to unlock India's potential in the space sector through enhanced private participation.
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