Page 5 - Centum Electronics News Today

CLSA said India’s Chandrayaan 3's soft landing on moon -- the first globally on the South Pole and fourth country overall, and that at a third of the global average cost, should strengthen the ‘Make in India’ theme.

Antfin, the Netherlands-based arm of Chinese fintech giant Ant Financial, is likely to further pare its holding in Paytm by selling a 3.6% stake through a block deal.

“India’s successful Moon mission is not just India’s alone; this success belongs to all of humanity.” Those were the words of India Prime Minister Narendra Modi just moments after Chandrayaan-3’s historic landing on the dark side of the Moon at around 1:30pm BST yesterday afternoon.

Indias successful moon landing at a fraction of the global average cost could boost the Make in India initiative and open up opportunities in the global rocket, launch, and satellite markets for Indian companies like L&T, according to brokerage firm CLSA. With the sector opening up and IN-SPACe acting as a single window clearance, Indias share of the global market could increase.

(Bloomberg) -- India is set to become the first country to land a spacecraft near the moon’s south pole after Russia’s attempt at a lunar touch down in the same area ended in failure following an engine malfunction.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia&#...

BHEL, L&T, HAL, Mishra Dhatu Nigam, Walchandnagar Industries are some of the companies that contributed to India's Chandrayaan-3 mission; check listed companies and their returns in 3 years

Stocks of 13 companies that supply equipment ranging from electronics components to metal gears used in a rockets communication and navigation have added more than $2.5 billion in market value this week, according to data complied by Bloomberg.

India Business News: Indian space-sector companies have seen a rally in stocks ahead of the lunar landing of the Chandrayaan-3 spacecraft. Thirteen companies involved in s

Moneycontrol Pro Panorama August 24 edition: India makes speedy progress in the lunar race, FMCG wears a dull outlook, film stars can never be NPAs, healthcare sector gets a shot in the arm, and more

Larsen & Toubro and other companies that supplied equipment and materials for Indias mission to the moon jumped on Wednesday, hours before the country attempts to land a spacecraft on the lunar...