Skip to main content

INDIA ACHIEVES ANOTHER SUCCESS IN SPACE

GSLV MkIII-D1 GSAT-19

India today scripted history as it successfully launched its heaviest rocket GSLV MkIII-D1 carrying communication satellite GSAT-19. The 43.43 metre tall rocket lifted off at 5.28 pm from the second launch pad at the Satish Dhawan Space Centre here and launched the 3,136 kg GSAT-19, the heaviest satellite to be launched from the country yet, into orbit about 16 minutes later. A jubilant Indian Space Research Organisation (ISRO) Chairman A S Kiran Kumar said it "is a historic day" and the the Geosynchronous Satellite Launch Vehicle Mark-III (MkIII D-1) has successfully demonstrated its capabilities with the injection of GSAT-19 into the desired orbit. "It is a great success in the first maiden attempt and GSLV MkIII has successfully put in orbit GSAT-19 which is a next generation satellite," Kumar said. "I wish to congratulate the entire team which has relentlessly worked each day for today's launch from 2002," he said.
Prime Minister Narendra Modi hailed the successful launch, saying it took India closer to next generation satellite capability.
Kiran Kumar said Modi called him and congratulated each member of the ISRO team for the successful mission.
GSAT-19, which will augment India's communication resources, was released into the intended Geosynchronous Transfer Orbit (GTO).
Today's GSLV mission is significant for India as ISRO had been depending on foreign launchers for orbiting communication satellites weighing more than 2,300 kgs.      The GSLV MkIII-D1 is capable of lifting payloads or satellites weighing upto 4,000 kgs into the GTO and 10,000kgs into the Low Earth Orbit.
It was a textbook launch as every stage of the three-stage GSLV MkIII with indegeneous cryogenic engine performed well.

Comments

Popular posts from this blog

JIO TARIFF CICK FOR TELECOM STOCKS

Telecom stocks today surged up to 8 per cent after the recent increase in Reliance Jio tariffs, which is largely seen as positive for the sector. Shares of Bharti Airtel jumped 4.99 per cent to close at Rs 497.50 on BSE. Bharti Airtel was the biggest gainer among the 30-share index components. The scrip of Idea Cellular soared 7.74 per cent to end at Rs 98.15 and Reliance Communications zoomed 7.60 per cent to Rs 17.70. Reliance Jio made its service dearer by about 15 per cent for its popular 84-day plan at Rs 459 from October 19, under which subscribers get 1GB 4G data at high speed per day. The company restructured its various schemes by reducing their validity period. The recent increase in Reliance Jio tariffs will increase its average revenue per user by up to 20 per cent and is a positive for the telecom sector, which is seeing a rapid consolidation, says a Philip Capital report. Established telecom sector players have seen huge reduction in their margins. Idea Cellular and Reli…

INVESTORS RICHER BY Rs. 25 LAKH CRORES IN SAMVAT 2073

Stock markets ended on a flat note on Wednesday, just below their record highs, but finished Samvat 2073 with robust gains of over 16 per cent. Equities added over Rs 25 lakh crore to investors' wealth this Samvat year. The benchmark Sensex has gained 4642.84 points, or 16.61 per cent, in the Hindu Samvat year 2073, while the broader NSE Nifty surged 1572.85 points, or 18.20 per cent during this period.
Small loss in last session
In the last session of the Samvat 2073 on Wednesday, the 50-share Nifty fell by 23.60 points or 0.23 per cent to close at 10,210.85 after moving between 10,175.75 and 10,236.45. The Sensex resumed lower at 32,518.56 and fell further to a low of 32,462.85 before ending at 32,584.35, down 24.81 points or 0.08 per cent. Investors adopted a cautious approach ahead of the long Diwali weekend, while a weak rupee too affected sentiment, brokers said.
- Axis Bank emerged as the worst performer among Sensex components, tumbling 9.52 per cent following a spike in ba…

BIRLAS ENTER TOP LEAGUE WITH $50 BILLION M CAP

The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post listing of financial services arm Aditya Birla Capital (ABCL), but Tatas remain on top with over USD 132 billion.
The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.
Among various listed companies of the group, UltraTech Cement's valuation stood at Rs 1,10,097.70 crore at the end of Friday's trade while that of Grasim Industries was Rs 76,881.73 crore.
The newly-listed Aditya Birla Capital's market capitalisation was over Rs 55,000 crore, Hindalco (Rs 54,607.09 crore), Idea Cellular (Rs 32,064.91 crore), Aditya Birla Fashion and Retail (Rs 13,155.73 crore) and Aditya Birla Money (Rs 547.71 crore).
Among Indian conglomerates, the Tata group remains on the top in terms of total valuation of listed firms with about Rs 8,46,567 crore (USD 132.5 billion).
There are 29 pu…