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OneWeb launches 36 satellites ahead of Internet service rollout later this year


OneWeb launches 36 satellites ahead of Internet service rollout later this year
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British satellite constellation firm OneWeb Ltd. completed a successful launch today, sending 36 satellites into orbit that it said will pave the way for it to roll out a commercial internet service in parts of the northern hemisphere.
OneWeb, which now has more than 200 satellites in orbit that will eventually be used to provide a global service, said the launch from Russia’s Far East will enable it to provide connectivity everywhere north of 50 degrees latitude.
The company was founded in 2012, and aims to provide a high-speed internet connectivity service across the entire world. It sees an opportunity especially in more remote areas that lack physical, land-based communications infrastructure. ....

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Sunil Mittal Says It'll Be Tragic If India's Left With Just Reliance Jio And Bharti Airtel

Sunil Mittal Says It'll Be Tragic If India's Left With Just Reliance Jio And Bharti Airtel
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

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Adani Green surges 10% in 2 days on report it may acquire SB Energy


Shares of Adani Green Energy were locked in the 5 per cent upper circuit band for the second straight day, at Rs 1,199.65 on the BSE on Tuesday, after a
Bloomberg report suggested that the Adani Group Company is in advanced talks to acquire privately-held SB Energy Holdings Ltd.
Trading volumes on the counter nearly doubled, with a combined 708,026 equity shares having changed hands on the NSE and BSE till the time of writing of this report. There were pending buy orders for around 125,000 shares on both the exchanges, data shows.
Despite two consecutive days of gains, Adani Green Energy has underperformed the market over the past six months by gaining 11 per cent as compared to a 13 per cent rise in the S&P BSE Sensex. The stock of the renewable power company had hit an all-time high of Rs 1,341.60 on March 24, 2021. ....

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