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India Space Congress in June to discuss emerging trends in sector

Economic Times

Economic Times · 2m ago

India Space Congress in June to discuss emerging trends in sector

The India Space Congress in June in Delhi will bring together 1,000 policymakers and experts from over 30 countries to explore opportunities in India's space sector. Organized by the Satcom Industry Association-India, the event will focus on satellite communications, geospatial applications, deep-space exploration, and emerging technologies. Discussions will feature advancements in AI, machine learning, and quantum communication, alongside challenges like orbital debris mitigation and global regulatory alignment. Notable speakers include IN-SPACe chairman Pawan Kumar Goenka.

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India Space Congress to begin on June 25 in Delhi; bring together policymakers, industry leaders

Economic Times

Economic Times · 1m ago

India Space Congress to begin on June 25 in Delhi; bring together policymakers, industry leaders

The India Space Congress (ISC) will commence on June 25 in Delhi, gathering policymakers, diplomats, and industry leaders from over 40 countries. Organized by the Satcom Industry Association-India, the three-day event aims to advance global partnerships in the private space sector. A U.S.-India roundtable will explore innovation and collaboration opportunities, while curated sessions will address India's space contributions and geopolitical challenges. The space economy is projected to reach USD 44 billion by 2033.

Spain Space Summit: Europe urged not to repeat tech underdog role ahead of talks

Economic Times

Economic Times · 1y ago

Spain Space Summit: Europe urged not to repeat tech underdog role ahead of talks

Europe is being urged not to fall behind in the emerging space economy as more than 20 countries gather in Spain for a space summit. The European Space Agency (ESA) is set to discuss funding for the delayed Ariane 6 rocket, climate change, and Europe's potential role in space exploration. The summit comes as Europe faces challenges in autonomous access to space due to delays in rocket development and limited access to other launch options. The ESA Director General emphasized the importance of Europe's participation in the growing space economy and called for avoiding past mistakes in the technology sector.

Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

VCCircle

VCCircle · 10m ago

Tokenisation grabbing eyeballs but comes with challenges: Panellists at LP Summit Dubai 2024

- Tokenisation of real assets gaining attention in emerging markets - Challenges faced due to lack of large community of users - Tokenisation is the process of converting real-world assets into digital tokens using blockchain - Real assets include real estate, art, and commodities - Panellists discuss tokenisation at VCCircle LP Summit Dubai 2024 - Emerging markets show potential for growth in tokenisation space

Announcing The D2C Retreat – Unlocking India’s Consumption Story

Inc42 · 1y ago

Announcing The D2C Retreat – Unlocking India’s Consumption Story

India's retail industry is experiencing a significant transformation, driven by a growing desire for premium products. Consumers are trading up their preferences, leading to a surge in premiumisation across both urban and rural markets. Inc42, a leading platform in shaping India's direct-to-consumer (D2C) narrative, is launching The D2C Retreat. This exclusive three-day conference aims to bring together D2C founders, retail leaders, and industry experts to discuss emerging trends, share insights, and drive innovation in the Indian retail space. The rise of premium offerings is evident, with big players like Hindustan Unilever, ITC, and Parle launching a considerable percentage of premium products in recent years.

National Space Day: Zerodha CEO Nithin Kamath bats for ’patient capital’ for spacetech startups. What is it? | Mint

Livemint

Livemint · 11m ago

National Space Day: Zerodha CEO Nithin Kamath bats for ’patient capital’ for spacetech startups. What is it? | Mint

India is celebrating its first National Space Day, and Nithin Kamath, the CEO of Zerodha, expressed his pride in India's homegrown space startups, such as AgniKul Cosmos and GalaxEye. Kamath emphasized the need for patient capital in the spacetech sector due to its cutting-edge research and technology requirements. He hopes that India will see more spacetech startups that make the nation proud. The government highlighted the rapid growth of the space sector, with over 300 startups emerging since its opening in 2020, contributing significantly to the economy and revolutionizing space exploration.

VC investment in India doubles to $3.2 billion across 354 deals in March quarter: report

Economic Times

Economic Times · 1y ago

VC investment in India doubles to $3.2 billion across 354 deals in March quarter: report

Venture capital investment in India surged in the March quarter, reaching $3.2 billion across 354 deals. This outperformed the global market, which experienced a decline due to geopolitical tensions and limited exit opportunities. Fintech was a particularly attractive sector for investment in India, with notable deals in companies like KreditBee and SK Finance. The report also highlighted emerging trends for the upcoming quarter, including increased interest in the crypto and blockchain sector, defense and security technologies, and artificial intelligence.

Flourish Ventures’ Ehrbeck, Kaushik on investment thesis, India plan and more

VCCircle

VCCircle · 12m ago

Flourish Ventures’ Ehrbeck, Kaushik on investment thesis, India plan and more

Flourish Ventures, a venture capital firm focusing on investing in financial services, particularly in the fintech sector, plans to invest in the US and large emerging markets like India. The firm was spun out from Omidyar Network in 2019, with eBay founder Pierre Omidyar as its sole limited partner. Managing partner Tilman Ehrbeck and Asia investment head Ravi Kaushik discuss the firm's investment thesis, its plans for India, and more.

Private sector activity rises to 14-month high in June

Economic Times

Economic Times · 1m ago

Private sector activity rises to 14-month high in June

India's private sector activity reached a 14-month high in June due to strong performances in manufacturing and services, according to a private survey. Favourable demand trends and efficiency improvements supported growth, with the HSBC Flash India Composite Output Index rising to 61. Increased export orders bolstered manufacturing, while employment growth reached record levels. However, input prices rose slightly, though inflation eased. Despite robust growth, business sentiment declined, especially in the services sector.

M&A, buyout activity in healthcare to remain strong, capex may recover: El Toro Finserve

VCCircle

VCCircle · 6m ago

M&A, buyout activity in healthcare to remain strong, capex may recover: El Toro Finserve

India's healthcare sector is poised for robust M&A, private equity buyouts, and IPOs in 2025, despite global economic and geopolitical challenges. A report by El Toro Finserve highlights renewed optimism due to government support, emerging investment trends, and increased healthcare budget. Key trends include adopting AI technologies, expanding hospital capacities, and developing global partnerships in med-tech. However, domestic pharmaceutical growth faces pressure from US market dynamics. Overall, the sector anticipates strong performance driven by strategic expansions and technological advancements.

Vedanta board to meet on June 18 to consider interim dividend. Check record date

Economic Times

Economic Times · 1m ago

Vedanta board to meet on June 18 to consider interim dividend. Check record date

Vedanta's board will meet on June 18 to discuss the first interim dividend for the fiscal year 2025–26. Shareholders as of June 24 will be eligible to receive the dividend if approved. Vedanta, a major player in the natural resources sector, has a history of shareholder returns, with interim dividends amounting to Rs 46 per share in the previous fiscal year. This consistent payout reflects strong cash flow and a positive earnings outlook.

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