With an eye on Venus and Mars, ISRO attempts mega world record

February 12, 2017

Bengaluru, Feb 12: India will boldly go to Venus for the first time and re-visit the Red Planet very soon. Buried and hidden in the hundreds of pages of the new format electronic budget documents, is the first formal acknowledgement by the government about these two new bold inter-planetary sojourns to Earth's immediate neighbours.

satellite

This uplifting news comes ahead of the Indian Space Research Organisation (ISRO) attempting to undertake its mega launch where it will drop off into space not one, two or three but a full load of 104 satellites in space in a single mission.

No other country has ever tried to hit a century in a single mission. The last world record is held by Russia which in 2014 rocketed 37 satellites in a single launch using a modified inter-continental ballistic missile.

If all goes according to plan, on the morning of February 15, ISRO will hurl into space using the Polar Satellite Launch Vehicle (PSLV) three Indian satellites and a 101 small foreign satellites.

India is hoping to better the previous world record by a whopping two-and-a-half times. ISRO, considered the new kid on the block in the multi-billion dollar world launcher market, hopes to set an enviable benchmark for the space fairing nations.

Prime Minister Narendra Modi's love affair with space is quite evident. The government, it seems, is rather pleased with the Indian space agency as Finance Minister Arun Jaitley gave the Department of Space a whopping 23 per cent increase in its budget. Under the space sciences section, the budget mentions provisions "for Mars Orbiter Mission II and Mission to Venus".

The second mission to Mars is tentatively slated for in 2021-2022 timeframe and as per existing plans it may well involve putting a robot on the surface of the Red Planet.

While India's first mission to Mars undertaken in 2013 was a purely Indian mission, the French space agency wants to collaborate in making the Mars rover.

In fact on a visit to India this month, Michael M Watkins, Director of the Jet Propulsion Laboratory of NASA, said they would be keen to at least put a telematics module so NASA's rovers and the Indian satellites are able to talk to each other.

The second Indian mission to Mars is likely to be all about doing good science since the first one had a nationalistic streak on it in trying to beat China to the orbit of Mars which the Mars Orbiter Mission (MOM) did magnificently.

India's maiden mission to Venus, the second planet of the Solar System named after the Roman goddess of love and beauty, is in all probability going to be a modest orbiter mission.

Watkins said a mission to Venus is very-very worthwhile as so little is understood about that planet and NASA would definitely be willing to partner in India's maiden voyage to Venus.

Towards that, NASA and ISRO have already initiated talks this month on trying to jointly undertake studies on using electrical propulsion for powering this mission.

India's original inter-planetary dreamer K Kasturirangan, former chairman of ISRO, says, "India should be part of this global adventure and exploring Venus and Mars is very worthwhile since humans definitely need another habitation beyond Earth."

Closer to home on its 39th launch India's workhorse rocket the PSLV will lift off carrying 1378 kg of robots to be deployed in space.

The first to be let off will be India's high resolution Cartosat-2 series satellite made especially to monitor activities of India's hostile neighbours at a resolution of less than a metre keeping a bird's eye view on both Pakistan and China.

This earth imaging capability is not unusual but the rest of the passengers are unique. There are two small Indian satellites each weighing less than 10 kg that are forerunners of a new class of satellites called ISRO Nano Satellites which the engineers seek to master.

What follows next is a trailblazing performance by the PSLV when at an altitude of over 500 km in space it will release from its womb, 101 co-passengers one each from Israel, Kazakhstan, The Netherlands, Switzerland, the UAE and a whopping 96 from the US. It is only recently American private companies have warmed up to ISRO as India offers cheap and reliable option.

Eighty-eight of the American satellites belong to a San Francisco based start-up company Planet Inc which is sending a swarm of small 4.7 kg each satellite it calls 'Doves'. This constellation will image earth like never before and with a high repeat rate providing satellite imagery at an affordable cost.

This suite of 101 small satellites all together weighing 664 kg will be released in space in a manner akin to a typical school bus which drops of its passengers namely children at their respective bus stops in a sequential manner, avoiding squabbling and elbowing in near zero gravity is not easy.

Ensuring that no collisions take place even is an art that ISRO has mastered from previous launches. In less than 600 seconds all 101 satellites will be released into space each travelling at whopping velocity of over 27,000 km per hour or at 40 times the speed of an average passenger airliner.

Some experts are suggesting that in a bid to earn some money ISRO is actually contributing significantly to the creation of space junk as these small satellites are really not very useful.

But Laura Grego, Senior Scientist, Global Security Program, Union of Concerned Scientists, Cambridge, USA says, "I think that these launches can be done responsibly and provide benefits to all people. Developing a culture of responsible space launch and operations is key as more and more countries become space-faring.

"While the number of countries that can launch satellites independently is still quite small, many dozens of countries own and operate satellites."

Kasturirangan says, "India has the capability putting several satellites in a single launch and demonstrating that capability is certainly not bad as it adds to India's credibility and then later if ISRO deploys this capability of formation flying in a constellation of its own satellites it would be a useful addition to its arsenal."

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Naren kotian
 - 
Sunday, 12 Feb 2017

@9 hahaha ... pakistanis posing as indians commenting about toilets ... FYI ... first ask your community to pay tax ... kaka antha bitti sigo benefits ge baayi tegedu kondu nillodakke bidodakke heli , we can understand frustration boss , not even 0.01% ar

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News Network
March 11,2020

Belagavi, Mar 11: Five people drowned while taking bath at various places after celebrating the festival of colour, Holi, in the district, police said on Wednesday.

The deceased were identified as Bhahubali G Mallashetty (29) native of Halaga Village in Belagavi Taluk, Prakash L Pattanashetty (23) native of karikatti village, Shashikant Anand Kolkar (22) native of Marakumbi village in Savadhatti Taluk, Vinayak Kumbar (25) from Khanapaur Taluk and Sagar Yamaji (23) from Raibag Taluk.

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News Network
April 16,2020

Bengaluru, Apr 16: Karnataka Deputy Chief Minister Dr Ashwath Narayan today said that if former chief minister HD Kumaraswamy, being a law-abiding citizen, does not follow guidelines then action will be taken against him.

The Deputy CM made this comment when he was asked about Kumaraswamy's son Nikhil's marriage, which has been fixed on April 17 at a farmhouse near Bidadi in Ramnagar.

Narayan said: "Any violation of the guidelines will not be tolerated. We will ask the concerned authority to film the entire event and document it."

He said that so far Kumaraswamy has made public statements that guidelines will be followed.

"HD Kumaraswamy is a people's representative. He has been in public life for a long time. He should abide by the guidelines," Narayan said.

"Since he has been in a responsible position for a long time and he was the Chief Minister, guidelines must be followed in his son's marriage as per the rules amid COVID-19 scare.

After the marriage, there must not be any excuses. He cannot say that people came without an invitation," the Deputy Chief Minister added.

Kumaraswamy clarified that only his family members will attend the marriage and that there will be around 60 to 70 people.

"All guidelines will be followed as per the central government directives," he said.

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News Network
February 19,2020

Feb 19: Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life.

He splurged on a private jet, vintage cars and two entire floors of the Burj Khalifa, the world’s tallest skyscraper. His website shows him hobnobbing with politicians, Bill Gates and Bollywood royalty.

“The thrill of speed and freedom makes me love cars,” Shetty, 77, told local reporters last year.

Shetty had more than enough money -- at least on paper -- to afford such a lifestyle from companies he helped found, including hospital operator NMC Health Plc and financial services firm Finablr Plc. On Dec. 10, his stakes in the public companies were valued at $2.4 billion, making up the bulk of a fortune spanning education, hospitality and one of the world’s oldest tea companies.

Then, a week later, Carson Block came along.

Block’s investment firm, Muddy Waters, issued a report criticizing NMC’s accounts and disclosing a short position. Since then, Muddy Waters’s scrutiny has snowballed into a troubling scenario for Shetty that sheds light on his complex share arrangements and casts doubts about his net worth. His holdings in Finablr and NMC are worth $885 million, but Shetty’s fortune may now be just a fraction of that, depending on the size of his borrowings.

Filings this month show that Shetty pledged a quarter of his NMC stake against loans with First Abu Dhabi Bank and Zurich-based Falcon Private Bank. Two other shareholders may own half of his reported stake. Another lender -- Al Salam Bank Bahrain -- has already sold some of those shares to enforce security over a loan for Shetty, and NMC said Tuesday that First Abu Dhabi Bank sold another chunk earlier this month.

The situation “seems to have gone beyond some of the issues that Muddy Waters focused on initially,“ said Gavin Launder, a fund manager at Legal & General Investment Management, who owned shares in NMC until October. “The increased scrutiny has unearthed other issues.”

Law firm Herbert Smith Freehills has launched a review of Shetty’s holdings at his request, a spokesperson for the Indian-born businessman said, declining to comment further until the analysis is completed. Shetty resigned Sunday as NMC’s chairman.

In its Dec. 17 report on NMC, Muddy Waters hinted at potential overpayment for assets, inflated cash balances and understated debt. Shares of the United Arab Emirates’ biggest private health-care provider have since plunged 67%, and the firm is now the focus of takeover speculation. The sell-off also spread to Finablr, whose stock has tumbled 64% in that span.

NMC has disputed Muddy Waters’s claims, and the company hired former FBI Director Louis Freeh to conduct an independent review of the short seller’s allegations. Meanwhile, local regulators “are making inquiries with the relevant parties,” a spokesperson for the U.K.’s Financial Conduct Authority said.

Shetty is hardly the only ultra-wealthy person to leverage his assets. Elon Musk has used his shares in Tesla Inc. to obtain personal loans, while Oracle Corp. Chairman Larry Ellison has put up millions of the company’s shares to fund a lavish lifestyle that includes trophy properties, America’s Cup teams and the Indian Wells tennis facility in California.

But such deals can also sour, as demonstrated by Shetty’s lenders selling shares his investment firm pledged. He and his advisers are investigating details of the sales as part of their legal review, according to filings.

To complicate matters, Shetty pledged another batch of NMC stock in 2018 as part of a so-called equity collar arrangement with Goldman Sachs Group Inc. that uses options to limit the impact from share moves. Last month, he also pledged most of his stake in Finablr to refinance a loan from the company’s takeover of foreign-exchange firm Travelex for about $1.2 billion.

BRS Ventures Investment, the UAE-based holding company for most of Shetty’s assets, doesn’t report consolidated financials, preventing a complete analysis of his net worth. His other assets include a catering company, a waste-management firm and pharmaceutical business Neopharma, which four months ago was in the early stages of planning for an initial public offering.

Block, 43, earned his reputation as a short seller a decade ago through targeting U.S.-listed Chinese companies that he claimed were frauds. More recently, his San Francisco-based firm focused on British litigation-finance firm Burford Capital Ltd. and Japanese biotech stock PeptiDream Inc. Short sellers seek to benefit from a decline in a company’s share price.

Shetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial brands before listing it on the London Stock Exchange in 2019.

Block said he didn’t anticipate NMC’s shareholding drama.

“I wouldn’t have been able to predict that we’d get these bizarre disclosures about unclear share ownership coming out of the company,” he said in a Feb. 13 phone interview. “This has been obviously a more dramatic unraveling than we usually see.”

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