
India has to triple its satellites in orbit by 2040: ISRO chief
Delivering 'The GP Birla Memorial Lecture on Indian Space Programme - Accomplishments, Challenges and Future Perspectives', Narayanan said by 2040 India would be on par with any other nation in terms of space technology, application area, and infrastructure.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Public Policy
Project Management
Cybersecurity
Management
Design Thinking
MBA
Technology
Degree
healthcare
Leadership
Others
Digital Marketing
PGDM
Finance
Healthcare
Product Management
Data Science
Artificial Intelligence
Data Science
CXO
MCA
Operations Management
others
Data Analytics
Skills you'll gain:
Duration:
12 Months
IIM Calcutta
Executive Programme in Public Policy and Management
Starts on
undefined
Get Details
Skills you'll gain:
Economics for Public Policy Making
Quantitative Techniques
Public & Project Finance
Law, Health & Urban Development Policy
Duration:
12 Months
IIM Kozhikode
Professional Certificate Programme in Public Policy Management
Starts on
Mar 3, 2024
Get Details
He also said as many as 12 launch vehicle missions are planned by the ISRO this year. The upcoming mission, NASA-ISRO Synthetic Aperture Radar (NISAR) scheduled to be launched by India's GSLV F16 on July 30.
"Now we are working on building our own space station. We are going to have our own Chandrayan landing. Right now, 55 satellites are in orbit serving the common man in this country. And in another three years, this number has to become almost three times. The requirement is huge. The demand is so much that we have to build satellites. We are working towards that," he said.
Later, talking to reporters, he said that in 2035 India will build a full space station, and the first module will be placed in orbit in 2028.
Live Events
Narayanan said, as far as space sector reforms are concerned, a lot of work is going on and earlier ISRO's model of work used to be service-oriented, but now it wants to grab business opportunities.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
43 minutes ago
- Time of India
Omaxe raises Rs 500 crore from Oaktree as growth capital
New Delhi-based real estate developer Omaxe has raised Rs 500 crore from funds managed by Oaktree Capital Management , a global investment managers specializing in alternative investments. In January 2024, the builder had raised Rs 450 crore from Kotak Mahindra Bank Limited. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership healthcare MCA others Product Management Cybersecurity Operations Management Degree Digital Marketing Finance Project Management Others Design Thinking MBA Artificial Intelligence Public Policy PGDM Healthcare Technology CXO Management Data Science Data Science Data Analytics Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details As part of the fund raise, approximately Rs 290 crore was allocated for repaying the loan obtained from Värde Partners in April 2022. The remaining Rs 160 crore was dedicated to the development of projects. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Struggling With Belly Fat? Try This at Home Home Fitness Hack Shop Now Undo The current funding is growth capital for Omaxe's ongoing projects across key markets such as New Chandigarh , Lucknow, Ludhiana, and Faridabad , along with flagship developments like Omaxe State in Dwarka, the upcoming integrated township in Amritsar , and a new township project in Indore. 'This fund infusion enables us to move faster on construction, reduce market dependence, and strategically invest in new opportunities that align with our core markets,' said Mohit Goel, Managing Director, Omaxe Ltd. Live Events In the last two financial years, Omaxe has repaid net Rs 1285 crore to lenders as principal payment, reducing overall net debt to Rs 300 crore. The company sold properties over Rs 3000 crore in FY25. 'With no immediate liability to repay, most of the funds would be used for faster execution and create additional headroom to explore expansion in select markets,' said Atul Banshal, Director – Finance, Omaxe Ltd. Omaxe has delivered over 140.17 million sq. ft. of real estate and construction contracting projects to date as of March 31, 2025, with presence in 8 states and 31 cities. Its portfolio includes integrated townships, group housing, shopping malls, office spaces, and infrastructure-led developments, with a focus on timely delivery and long-term value creation for customers and investors alike. Recently, Omaxe acquired 450-acre land in Indore to develop an integrated township with an investment of Rs 1,200 crore. The company is expected to generate Rs 2,500 crore in revenue over the next three years. Earlier, the company had said that it is investing Rs 1,000 crore in developing a township in Amritsar, Punjab. Omaxe has acquired 260 acres of land for this township, and in the first phase, it is developing 127 acres.


Time of India
an hour ago
- Time of India
RailTel Q1 Results: PAT jumps 36% YoY to Rs 66 crore, revenue surges 33%
RailTel Corporation of India on Monday reported a 36% growth in its Q1 net profit to Rs 66 crore versus Rs 49 crore in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the company. The company's revenue from operation stood at Rs 744 crore which was up 33% from Rs 558 crore reported in the corresponding quarter of the last financial year. The PSU railway company's profit after tax (PAT) fell 42% on a quarter-on-quarter basis versus Rs 113 crore reported in Q4FY25. The topline plunged 43% in the quarter under review compared to Rs 1,308 crore in the January-March quarter of FY25. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Operations Management Public Policy CXO Data Science Artificial Intelligence PGDM Others Technology Data Analytics Degree MBA healthcare Design Thinking Finance MCA Healthcare others Product Management Digital Marketing Cybersecurity Management Project Management Data Science Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Relive the Bollywood 2025 moments that went viral Learn More Undo The earnings were announced after market hours and RailTel Shares today ended with sharp decline, falling by Rs 16.35 or 4.15% to Rs 378. The company earned Rs 14 crore in other income compared to Rs 19 crore in the corresponding quarter of the last financial year and Rs 20 crore in Q4FY24. Segment revenue Live Events The telecom services revenue stood at Rs 335 crore in Q1FY26 versus Rs 328 crore in Q1FY25 and Rs 359 crore in Q4FY25. The project work services revenue stood at Rs 409 crore in Q1FY26 versus Rs 230 crore in Q1FY25 and Rs 950 crore in Q4FY25. The total expenses for RailTel stood at Rs 672 crore in Q1FY26 versus Rs 493 crore in the year ago period. In the previous quarter, the state-run company reported expenses of Rs 1,189 crore. Among the major heads were 'Access and other charges', license fee to DoT, project expenses, finance cost and expenses made on employee benefits. Also Read: Adani Green Q1 Results: Cons PAT soars 60% YoY to Rs 713 crore, revenue jumps 31%


Time of India
an hour ago
- Time of India
PCBL Chemical incorporates US subsidiary to expand its North America footprint
PCBL Chemical Ltd has incorporated a wholly-owned subsidiary in the US as part of its strategy to expand its global footprint and tap into the North American market, the company said in a regulatory filing on Monday. The new entity, PCBL Chemical USA Inc, has been set up under the laws of the state of Delaware, it said. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Management Operations Management PGDM Data Analytics Digital Marketing Healthcare Design Thinking Public Policy Product Management MBA Project Management Artificial Intelligence others Degree Others MCA Data Science healthcare Cybersecurity CXO Finance Technology Leadership Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details This subsidiary will facilitate easier access to the North American markets and enable strategic market access, proximity to customers, and a better understanding of the regulatory and incentive landscape, said the RP-Sanjiv Goenka Group firm. Localisation of supply chains for carbon black and speciality chemicals through the new subsidiary is of critical importance and will strengthen the company's position as a global player, it said. Nanovace Technologies Ltd, a subsidiary of PCBL, announced earlier this month that it has secured a US patent for its proprietary nanomaterial development method for next-generation energy storage technologies. Live Events PCBL Chemical Ltd reported a 19.7 per cent year-on-year drop in its consolidated net profit to Rs 94 crore for the quarter ended June 30. It had recorded a net profit of Rs 117.9 crore in the year-ago period. Revenue from operations was marginally lower at Rs 2,114 crore, down from Rs 2,143 crore in the corresponding period. Carbon black revenue stood at Rs 1,663.58 crore during the quarter, compared to Rs 1,734 crore in the same period last year. Economic Times WhatsApp channel )