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Luna-25 probe, which crashed onto the surface of the moon over the weekend, reflects the endemic problems that have dogged the Russian space industry since the 1991 collapse of the Soviet Union. Those include the loss of key technologies in the post-Soviet industrial meltdown, the bruising impact of recent Western sanctions, a huge brain drain and widespread corruption.Yuri Borisov, the head of the state-controlled space corporation Roscosmos, attributed the failure to the lack of expertise due to the long break in lunar research that followed the last Soviet mission to the moon in 1976. «The priceless experience that our predecessors earned in the 1960-70s was effectively lost,» Borisov said.

The space race India aims to win this week by landing first on the moon's south pole is about science, the politics of national prestige and a new frontier: money. India's Chandrayaan-3 is heading for a landing on the lunar south pole on Wednesday. If it succeeds, analysts and executives expect an immediate boost for the South Asian nation's nascent space industry.

By Andrew Hay and Liliana Salgado

Dr. TV Venkateswaran, a scientist at Vigyan Prasar, an autonomous organisation under the Department of Science and Technology (DST), and member of the public outreach committee of the Astronomical Society of India, answers key questions about the Moon's geological evolution, the significance of its south pole, the presence of water and ice, and India's ambitious plans for lunar exploration.

Gaganyaan human space flight programme and an Indo-US synthetic aperture radar — ISRO has a packed schedule ahead. In addition, XPoSat (X-ray Polarimeter Satellite), the country's first dedicated polarimetry mission to study various dynamics of bright astronomical X-ray sources in extreme conditions, is also ready for launch, an ISRO official said on Tuesday.Aditya-L1, the first space-based Indian observatory to study the Sun, is getting ready for the launch, most likely in September first week. According to ISRO Chairman, Somanath S, the space agency has also lined up the launch of a climate observation satellite INSAT-3DS. The launch of a test vehicle mission, for the validation of the crew escape system for Gaganyaan, the country's maiden human space flight mission, is also expected soon. "(Then) we have to launch NISAR, the India-US built Synthetic Aperture Radar", Somanath said in his independence day address at ISRO headquarters here on August 15. «So, our hands are full.»

pension fund APG Asset Management, the World Bank's investment arm International Finance Corp (IFC) and Asian Infrastructure Investment Bank (AIIB) are in a race to invest up to $250 million (₹2,080 crore) in Mahindra Susten's renewable infrastructure investment trust (InvIT), said two people aware of the development. ET first reported on April 26 that several global investors including APG had evinced preliminary interest in investing in the Mahindra InvIT. Mahindra Susten's businesses include the Mahindra Group's renewable-focussed engineering, procurement and construction (EPC) unit (with more than 4 GW of capacity constructed) as well as an independent power production (IPP) unit with around 1.54 GW of operational solar plants. The entire 1.54 GW will be transferred to the InvIT. The portfolio has an enterprise value of about $1 billion, the sources said. «APG, IFC and AIIB are currently conducting due diligence on the assets that are part of the InvIT,» said one of the persons.

Dunzo’s valuation is proving to be a roadblock in new financing for the troubled quick commerce startup.Reliance Retail, the largest investor with 26% stake in Dunzo, is averse to the idea of slashing the valuation of the startup by nearly 50% in a fresh funding deal being stitched together by a set of existing investors, according to people aware of negotiations. For the telecom-to-retail conglomerate, a steep cut will mean a significant value erosion of its $200-million investment made in Dunzo during a $240-million round in January 2022, they added. The now cash-strapped startup, which also counts Google as one of its investors, was then valued at close to $800 million. Dunzo’s frenetic efforts to raise further capital will now depend on all its investors agreeing to a reduced valuation, people cited said.‘Must Finalise Valuation’ The sharp downturn in the Bengaluru company’s consumer business, from its peak during the Reliance Retail investment last year, has triggered the ongoing decline in Dunzo’s valuation. “There is a soft commitment of multiples of tens of millions for Dunzo, but for these conversations to close, the valuation needs to be finalised, and with Reliance Retail’s cash, the total pool can be widened, which the firm needs on priority,” said one person aware of discussions. In recent weeks, Dunzo has reached out to multiple family offices — such as Premji Invest, Kiran Mazumdar-Shaw of Biocon and others — in search of a new consortium of investors.

National Australia Bank’s latest hybrid issuance had gathered $1.45 billion in bids by 8am Tuesday morning, as investor demand outstripped the $1 billion expected deal size at launch.

NEW DELHI : The Union government is likely to press ahead with legislative reforms in the winter session of Parliament, targeting changes to the Insolvency and Bankruptcy Code (IBC) and the Companies Act on which substantial groundwork has already been done, a person familiar with the development said. Separately, an expert committee of the ministry of corporate affairs (MCA) is set to finalize its recommendations for a digital competition law, after which it will be circulated for inter-ministerial discussions and then for consideration by the Union cabinet, the person, who spoke on condition of anonymity, said.

(Reuters) -Meta Platforms is set to roll out the web version on its new text-first social media platform Threads, hoping to gain an edge over X, formerly Twitter, as the initial surge in users waned.

ISRO on Monday said the Chandrayaan-3 mission's lander module has established communication with the Chandrayaan-2 orbiter, and released images of the lunar far side area captured by the Lander Hazard Detection and Avoidance Camera (LHDAC). Referring to the expected touchdown, former ISRO chairman G Madhavan Nair kept his fingers crossed and said it's a very complex manoeuvre and one has to be cautious as all systems have to work in unison for its success. Nair, who headed the space agency when Chandrayaan-1 mission was launched in 2008, said a successful landing would herald a big beginning for ISRO's next phase of planetary exploration.

The Tamil action extravaganza continues to be a box-office behemoth. According to a report shared by the Indian box-office tracker Sacnilk.com the movie has earned a whopping Rs 280 crore at the Indian box-office. It is projected to earn about Rs 7.7 crore on day 12. If it can manage to do so, the movie will cross Rs 288.55 crore at the box-office. The movie has set the box-office on fire overseas as well. According to figures shared by box-office tracker Manobala Vijayabalan, the action drama has earned a staggering Rs 543 crore at the global box-office. Taking to Twitter, Vijayabalan wrote, “Racing towards the Rs 550 crore club!” “Jailer worldwide box office… Racing towards ₹550 crore club. Week 1 – Rs 450.80 crore. Week 2 Day 1 – Rs 19.37 crore. Day 2 – Rs 17.22 crore. Day 3 – Rs 26.86 crore. Day 4 – Rs 29.71 crore. Total – Rs 543.96 crore. STUNNING..." read the post. The movie became the second fastest Tamil movie to cross the Rs 500 crore mark. The first was another Rajinikanth-starrer ‘2.0’. On Sunday, Vijayabalan wrote, “BREAKING: Jailer hits Rs 500 crores. Jailer BREACHES Rs 500 crore elite club at the worldwide box office in just 10 days. Becomes the THIRD movie from Tamil cinema to enter this club after 2.0 and Ponniyin Selvan: I. Also, the SECOND fastest movie after 2.0, which entered ( Rs 500 crore club) in seven days."

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When the SEC finalizes rule proposals, the countdown begins on compliance deadlines for investment advisors and brokers. But the agency faces its own ticking clock when it comes to final proposals, thanks to next year’s elections. 

After Shah Rukh Khan’s espionage thriller ‘Pathaan’ ended the dry spell for Bollywood in January this year, raking in Rs 1000 crore at the worldwide box-office, another popular star from the 1990s, Sunny Deol, is back with a bang at the box-office! Deol’s comeback venture ‘Gadar 2’ has proved to be a box-office phenomenon. According to a report by the Indian box-office tracking portal Sacnilk.com, the period drama crossed Rs 375 crore at the Indian box-office. Worldwide, the movie collected about Rs 442 crore.

In less than 60 hours from now, India’s moon missi... moreIn less than 60 hours from now, India’s moon mission, the Chandryaan-3 will make a soft landing here.

Russia's Luna-25 moon mission will have no impact on ISRO's Chandrayaan-3 lunar venture, according to top Indian space scientists. The Luna-25 spacecraft crashed into the Moon after it spun into an uncontrolled orbit, Russia's Roscosmos space agency said on August 20. «It does not have any impact,» K Sivan, who was heading ISRO when the Chandrayaan-2 mission was launched in 2019, told PTI on Monday when asked if ISRO would be under additional pressure ahead of the soft landing, following the Russian setback.

Activision, a gaming firm, arguing it could suppress competition in the video-game market. A hearing was set to begin on June 22nd—a very public test of whether Ms Khan is choosing the right deals to contest. Lacking a federal privacy law or new antitrust legislation, which Congress has not approved, Ms Khan has persevered alone.

Russia's Luna 25 crashed into the Moon on Sunday, ending the country's dream of being the first to make a soft landing on the lunar south pole. Luna 25 was Russia's first lunar mission in 47 years, since the launch of the Soviet Union's Phobos 2 probe in 198 We take a look at some of the previous lunar missions that failed. According to The Planetary Society, the world's first lunar mission, led by the United States, failed just 77 seconds after lift-off owing to the rocket's first stage exploding.

volunteering trends, revealing substantial untapped potential for employee involvement in volunteering initiatives. The report emphasizes the benefits that such initiatives can bring to both employees and companies. According to the report, corporate India is sitting on a socio-economic opportunity worth Rs 7,500 crore through volunteering initiatives. The potential goes beyond mere Corporate Social Responsibility (CSR) funding, as both employees and companies can actively engage in developmental causes, imparting a substantial positive influence on society. With about 15 million white collar employees in India, a potential of 150 million+ hours can be volunteered annually by corporate India towards social & economic development. This would represent a significant socio-economic contribution of over Rs 7,500 crore, which can be unlocked by promoting volunteering in Indian corporates (30% of the overall CSR spending in India), potentially generating a 5x social return on investment for companies.

The investor pushing to stop Whitehaven Coal’s acquisition of two major BHP mines in a multibillion-dollar deal is secretive London hedge fund Bell Rock Capital Management, The Australian Financial Review can reveal.