The Union Cabinet has approved the transfer of 10 in-orbit communication satellites to public sector enterprise NSIL which is under the administrative control of the Department of Space. In a statement, the cabinet said it has also approved increasing the authorised share capital of NewSpace India Limited (NSIL) from Rs 1,000 crore to Rs 7,500 crore. Read More…
Cabinet Approves Transfer Of 10 In-Orbit Communication Satellites To Public Sector Enterprise
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