'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'
Skyroot Aerospace is set to launch the maiden test flight of its orbital-class rocket, Vikram-1, from SDSC-SHAR on July 18, marking a significant milestone for India's private sector in the global launch business.
Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.
Long before Alpha, Bollywood had been retelling the Ramayana in modern settings, sometimes subtly and sometimes not so subtly.
Prime Minister Narendra Modi inaugurated Skyroot's Infinity Campus, highlighting government reforms and the rise of private space companies in India. He also unveiled the company's first orbital rocket, Vikram-I.
The 6-metre tall launch vehicle Vikram-S is named after Vikram Sarabhai, the father of the country's space programme and lifted off at 11.30 am.
'The current launch is a sounding rocket, this cannot be called a milestone. The importance is this is for the first time a private player is doing it.'
Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.
The Vikram-I rocket will fly with its maximum carrying capacity and put the satellites in a Low Earth Orbit.
Skyroot Aerospace has become the first private company in India to give wings to the Indian space programme, after the sector was opened to private players by the Centre in 2020.
India's first privately developed rocket -- Vikram-S -- is set for launch in a sub-orbital mission with three payloads between November 12 and 16, Hyderabad-based space startup Skyroot Aerospace announced on Tuesday.
Preparations are in the final stages by the Chennai-headquartered space-tech startup Agnikul Cosmos for the maiden launch of India's first-ever private launchpad and the second rocket launch by a private sector player.
'What we have done is a symbol of new India; that is what a small start-up can do, a few hundreds of people coming together, developing a rocket and launching to space and succeeding at the very first attempt.'
The maiden mission of Skyroot Aerospace, named 'Prarambh' (the beginning), will carry payloads of two Indian and one foreign customers and is set for launch from the Indian Space Research Organisation's launchpad at Sriharikota.
'If we are to be a contributor to the economy, we have to reduce carbon and imports.' 'We will achieve both -- that's our target.'
In his latest monthly radio address, Mann Ki Baat, Modi said that India is capable of providing solutions to the varied challenges being faced globally.
Sanjay Jha (left) of Motorola and Vikram Pandit (below) of Citigroup are among the three who have made it to the league of top 25 highest paid men in the world.
Replacing Pandit-- an enthusiastic defender of the company's existing mix of businesses -- is one of the options being considered by Citi executives, along side selling all or part of the company, a public endorsement from the government or a new financial lifeline to stabilise the banking behemoth, after its shares took a sharp plunge this week.
If what Citi CEO Vikram Pandit is suggesting is true, namely that the bank is seeing a turnaround in its fortunes, there cannot be better news for the US' battered financial markets. After all, Citigroup is still a huge institution and if it can be put back on the rails, then there's hope for many others, says Shobhana Subramanian.
Easily the biggest high-power gathering and by far the starriest event staged in Gujarat, concluded at the Reliance petro township in Jamnagar on Sunday.
The list of contenders for this job include Vikram S Pandit, currently Citigroup's investment banking head and a former Morgan Stanley investment banker, and Shaukat Aziz, formerly the bank's global private banking business head and most recently the prime minister of Pakistan, according to various media reports.
In a media release, the financial services behemoth said that its board of directors has appointed Vikram Pandit as the company's new chief executive officer and member of the board of directors, effective immediately.
He quit after another executive was appointed co-presidents bypassing him.\n
Royal Dutch-Shell has made a come back after nearly three decades in fuel retailing in India, setting up its first petrol pump in Bangalore.
A look at the top tweets from your favourite Bollywood celebrities.
It's time India makes social, environmental impact like its global peers
