Space sector startup Digantara launches second satellite to monitor space weather

The satellite will serve as a space weather testbed in the sun synchronous orbit for enhancing precision driven situational space awareness applications.

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Bahamas regulator sticks to estimate of FTX assets

Last month, the SCB said it had seized more than $3.5 billion in cryptocurrency from the unit, FTX Digital Markets, which it was holding for future repayment to customers and other creditors.

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Tesla China boss Tom Zhu promoted to global role

The Tesla posting showed that Zhu's title of vice president for Greater China had not changed and that he also retained his responsibilities as Tesla's most senior executive for sales in the rest of Asia as of Tuesday.

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Zomato Co-founder Gunjan Patidar resigns; witnesses fourth major exit in a year

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Mukesh Bansal steps back at Tata Neu; Cred stops using Paytm QR codes on its placards

Myntra cofounder Mukesh Bansal, who joined Tata Digital as its president in June 2021, has withdrawn from Tata Neu’s day-to-day operations but will stay on in an advisory role, sources told us. The change is due to a “difference in approach on how to scale a new internet business”, one of them said.

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Paytm complains to NPCI on Cred’s UPI gamble

The move comes barely three months after Cred entered the offline payment segment through the launch of its ‘Scan & Pay’ feature, which allows its users to make offline payments by scanning a QR code.

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PE-VC investments in India fell by 29% in 2022

Private Equity-Venture Capital (PE-VC) firms investments in India fell by 29% in 2022 compared to the record highs of 2021. PE-VC firms invested $46 billion (across 1,261 deals) in Indian companies in 2022, compared to $65 billion (across 1,362 deals) in the previous year, according to Venture Intelligence.

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