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ISRO on Saturday said it has transferred the IMS-1 Satellite Bus Technology to Alpha Design Technologies Pvt. Ltd in a step towards enhancing private industry participation in the country's space sector. NewSpace India Limited (NSIL), the commercial arm of ISRO, facilitated the technology transfer through an agreement signed during an event held at the NSIL headquarters on August 2, the space agency said on its website.

ISRO has transferred the IMS-1 satellite bus technology to Bengaluru-based Alpha Design Technologies, bringing in a new era of increased private industry participation in India's space sector.

Chandrayaan-3 Tracker Live Updates: India's third lunar mission is going to enter the moon orbit today.

Elara India Opportunities Fund – one of the four Mauritius-based funds that hold shares predominantly in Adani Group firms – is a promoter entity in a defence company that has a Rs 590-crore contract with the Union government, the Indian Express reported.

Elara India Opportunities Fund – one of the four Mauritius-based funds that hold shares predominantly in Adani Group firms – is a promoter entity in a defence company that has a Rs 590-crore contract with the Union government, the Indian Express reported.