Page 2 - Skyroot Aerospace News Today

Former Zomato executive Gupta will steer the venture as CEO, Bansal to stay away from operations. The fashion startup will focus on offline play in the premium womens wear fashion category and expand into other lifestyle segments later.

India is one of the world’s top spacefaring nations. It is the first Asian country to reach Mars orbit, and the fourth on the planet to take a spacecraft to the moon, landing closer to the south pole, known for its cratered terrain, than anyone else has.

Dhruva Space founder and CEO Sanjay Nekkanti told ET the Hyderabad-based startup will use the capital infusion, of which Rs 44 crore was in debt, to set up the first phase of its 2.8 lakh sq ft spacecraft manufacturing facility in the city.

Tesla CEO Elon Musk abruptly postponed a trip to India that was scheduled for next week during which he was to meet Prime Minister Narendra Modi as well as state government officials and space-tech executives.

Elon Musk India Visit Postponed: Musk was scheduled to meet PM Modi on April 22 in the first half and startup founders at Bharat Mandapam in New Delhi.

Elon Musk delays India visit until after elections, canceling meetings with PM Modi and startups. Uncertainty surrounds discussions on EV plant, Starlink service, and global mobile broadband.

Congress general secretary Jairam Ramesh said INDIA's PM will welcome Elon Musk and the new INDIA Government will promote electric vehicles even more aggressively.

Liberal FDI regime is of a piece with India's growing stature as a space-faring nation. Market freedom must be combined with regulatory oversight.

As space launches face more failures, communication issues, and debris threats, space insurance has become a recognised high-risk market. With Indias growing space industry, the need for financial safeguards against launch risks is becoming increasingly crucial.

Rocket Lab has for the first time put a recovered Electron rocket first stage back in the production line in preparation for its second flight.