Isro to Launch IIT-Bombay Students' Satellite 'Pratham' on Monday

September 25, 2016

Sep 25: Indian space agency Isro will shoot off the "Pratham" satellite designed and built by students of the IIT-Bombay among the eight satellites including its weather satellite on Monday, an official said in Mumbai.

Pratham

Conceptualised in 2008 with the aim of making IIT-B a centre for space science and technology research, the satellite weighs just 10kg, is designed to fit within a cube of 30cm, and has a life span of around four months.

"The objective of Pratham is to empower the students involved with the skill set required to develop a statellite through various stages of design, analysis, fabrication and testing," said the official.

The project will also kickstart a collaboration between IIT-B and other Indian universities keen to contribute in the space sector and to share knowledge and facilties.

This has led to completion of ground-stations for tracking the satellite in several college, including the Atharva College of Engineering here.

The IIT-B has collaborated with some international universities like UCL, London and IPGP, Paris for the project.

Pratham will transmit data when it passes over India and any university with a small ground station can detect its signals and measure the total electron counts (TEC) above the ground station as part of the education process to spread awareness among the students.

The student-designed satellite's mission is four-fold: acquiring knowledge in the field of satellite and space technology, to fully design it by the students of IIT-B, launch it and measure TEC of uonosphere above India and Paris, and involve students from other universities in the satellite project, said the official.

Pratham's payload instrument comprises two monopole antennae transmitting at 145.98MHz and 437.45MHz.

Measuring 30.5cm by 33.4cm by 46.6 cm, it weighs 10.12kg, is made of aluminium alloy and other space-grade materials, and has an on board computer.

It has three monopoles, GPS, magnetometer, sun sensors, magnetorquers and is powered by Li-ion battery and four solar panels.

It will be positioned in a sun-synchronous orbit around 670 km away and will pass over India around 11.30am.

For the project, entirely funded by the IIT-B, the Isro has provided lot of technical help in terms of testing and guidance and the integration of the flight model of Pratham for which tests have been carried out in ISAC, Bangalore and SHAR, Sriharikota.

Each year in September, a rigorous selection test was conducted for all IIT-B students from which they were inducted into the Pratham team and formalized after ascertaining their satisfactory work.

The current strength of the team which has completed the project after more than eight years is around 30, the official said.

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Agencies
January 20,2020

Washington D.C., Jan 20: An American bride asked for money from her invitees so that they can be on the 'exclusive guest list'.

Weddings can be surely expensive. But is it feasible for one to charge the guests to make up for the expenses?

According to Fox News, that is exactly what happened in a recent American wedding. A 19-year-old shared on Reddit that her cousin was getting married on Sunday and announced that she would charge 50 dollars to those who wanted to attend her wedding.

"She said that they can Venmo her money so there won't be no [sic] problems and everyone who paid will be added onto the 'exclusive guest list' which basically means you won't have to wait in line while other guests pay," wrote the user named DaintySheep.

While she refused to pay for entry into her cousin's wedding the bride-to-be contacted the elders in the family which ended up in an embarrassing situation.

"She wanted to get the money she spent on her special day back. I told her I wouldn't be able to come because this was outrageous and that I wish her well on her special day. She contacted my aunt and my aunt called me cheap and rude. My parents offered to pay for my entry, but I refused," continued the disheartened girl.

While in almost every nook and cranny of the world gifting the bride-groom with money is a tradition, asking for money from friends and family to replenish the money spent on a wedding is can be said to be a rare scenario.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
March 10,2020

New Delhi, Mar 10: Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services.

The move allows people to send money from other bank accounts to their Yes Bank account through IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) mode.

In a tweet, the bank also said that Yes Bank customers can pay their credit card dues and loan obligations from other bank accounts.

"Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBIA @FinMinIndia," said tweet.

Last week Yes Bank was placed under moratorium and a withdrawal cap of Rs 50,000 was imposed till April 3.

The administrator of Yes Bank, Prashant Kumar and Rajnish Kumar, the Chairman of the State Bank of India are hopeful that moratorium would be lifted within a week.

As per the Reserve Bank of India (RBI) draft reconstruction scheme for the crisis-hit private lender, the SBI will take up 49 per cent in the bank by investing Rs 2,450 crore.

The new board of directors will stand constituted from the appointed date. It will comprise a CEO and MD, non-executive chairman and non-executive directors. The SBI will have nominee directors appointed on the board of the reconstructed bank.

The RBI may appoint additional directors to the board, who shall continue in office for one year, or until an alternate board is constituted by Yes Bank.

The SBI will not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital.

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