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<ul><li>Satish Kumar (+91kg) put up a gutsy performance against reigning world champion Bakhodir Jalolov but it was not enough to upstage the rampaging <keyword id="67415" type="ORGANIZATION" weightage="20" keywordseo="Uzbek">Uzbek</keyword> as the Indian boxer made a quarterfinal exit from the Olympic Games here on Sunday.</li><li>The two-time Asian Games bronze-winner and multiple-time national champion, had scripted history by just qualifying for the Games.</li><li>Satish's forehead cut did open up eventually during the third round but he fought through even with that.</li></ul>A badly bruised Satish Kumar (+91kg) put up a gutsy performance against reigning world champion Bakhodir Jalolov but it was not enough to upstage the rampaging Uzbek as the Indian boxer made a quarterfinal exit from the Olympic Games here on Sunday. Taking the ring with multiple stitches on his forehead and chin after sustaining cuts in the pre-quarters, Satish lost 0-5 but the scoreline was not reflective of his brave performance. Satish, a two-time Asian Games bronze-winner and multiple-time national champion, had scripted history by just qualifying for the Games as he was the first super heavyweight from India to achieve the feat. "He is a bit low right now but when he settles down, he will realise how big it was for him to fight it out with those cuts," Indian Boxing's High Performance Director Santiago Nieva told . "The fight he gave despite the blows is praiseworthy. Every punch that Jalolov connected added to his pain, he was feeling it all through. The Uzbek boxer is a special talent," he said. The 32-year-old Army man stood his ground in the biggest bout of his career, occasionally managed to land a shot with his right hand but Jalolov dominated the proceedings all through, relying on his imposing demeanour and excellent counter-attacking game to sail through. What stood out about the <keyword id="6354367" type="ORGANIZATION" weightage="20" keywordseo="Commonwealth-Games">Commonwealth Games</keyword> silver-winner was his resolve to fight it out. The former kabaddi player from Uttar Pradesh's Bulandshahr did not hesitate to launch attacks despite the risk of his cuts opening up. Satish's forehead cut did open up eventually during the third round but he fought through even with that. "Satish was seriously injured with 13 stitches above his eye and on his chin. That he still decided to fight against the No. 1 boxer shows his courage and patriotism. "Not many will take blows for their country like Satish did today. We are very proud of him," <keyword id="556818" type="ORGANIZATION" weightage="20" keywordseo="Boxing-Federation-of-India">Boxing Federation of India</keyword> President Ajay Singh said. Jalolov, a 27-year-old footballer-turned-boxer, also acknowledged his rival's bravery at the end of the bout by nodding in appreciation towards him after securing his maiden Olympic Games medal. Jalolov is also a three-time Asian champion, all those gold medals coming in succession to him since 2017. With this the Indian men's boxing campaign came to an end in the Games. Lovlina Borgohain (69kg) remains the lone pugilist in fray after having made the semifinals to secure India's first and only boxing medal of the ongoing edition. On Saturday, it was a major disappointment for India when world number one Amit Panghal (52kg) bowed out of the event following a 1-4 loss to <keyword id="1428683" type="PERSON" weightage="20" keywordseo="Rio-Games">Rio Games</keyword> silver-medallist Yuberjen Martinez of Colombia. An injured Vikas Krishan (69kg), and the debutant duo of Manish Kaushik (63kg) and Ashish Chaudhary (75kg) had earlier bowed out following opening-round losses. In the women's competition, six-time world champion M C Mary Kom (51kg), two-time Asian champion Pooja Rani (75kg) and world bronze-winner Simranjit Kaur (60kg) had lost in the preliminary stage. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/tokyo-olympics-indias-p-v-sindhu-loses-to-world-number-one-tai-tzu-ying-of-chinese-taipei-in-the-semis/articleshow/84922174.cms">Tokyo Olympics: India's P V Sindhu loses to world number one Tai Tzu Ying of Chinese Taipei in the semis</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/droom-founder-explains-why-he-is-considering-a-us-ipo-and-where-he-intends-to-spend-the-money/articleshow/84917608.cms">Droom founder explains why he is considering a US IPO and where he intends to spend the money</a>

Tokyo Olympics: India's Satish Kumar exits from quarter-finals in boxing after losing to Bakhodir Jalolov

Chennai, Mar 13 () The Chairman of Hyderabad-basedDr Reddy's Laboratories Ltd Satish Reddy has been electedChairman of Confederation of Indian Industry, Southern region,for 2020-21.Prior to taking up the new responsibility, he wasserving CII as deputy chairman.Reddy has held various roles at CII which includeNational Pharma Committee past chairman. He was alsothe CII Andhra Pradesh State Council chairman.According to a press release, Industrialist andchairman and managing director of Chennai-based fast movingconsumer goods CavinKare Pvt Ltd, CK Ranganathan has beenelected deputy chairman, CII, Southern region.Ranganathan has earlier served CII as its chairman,Tamil Nadu State council for 2009-10.He was also the chairman-entrepreneurs awards, CIISouthern Region. VIJBN BN

Satish Reddy elected CII SR Chairman, CK Ranganathan, Deputy

The <keyword id="116095" type="General" weightage="50" keywordseo="indian-space-research-organisation" source="Orion">Indian Space Research Organisation</keyword> (ISRO) launched <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>'s largest LVM3 rocket carrying 36 satellites from Andhra Pradesh's <keyword id="6355143" type="General" weightage="80" keywordseo="sriharikota" source="Orion">Sriharikota</keyword> on Sunday morning. LVM3 was launched from <keyword id="6356967" type="General" weightage="80" keywordseo="satish-dhawan-space-centre" source="Orion">Satish Dhawan Space Centre</keyword> in Sriharikota at around 9 AM. "LVM3 standing 43.5 metres tall and weighing 643 tonnes lifted off from the second launch pad rocket port carrying OneWeb's final instalment of 36 Gen1 satellites", said the officials. Reportedly, the LVM3 is a three-stage rocket with the first stage fired with liquid fuel, the two strap-on motors powered by solid fuel, the second by liquid fuel and the third is the cryogenic engine. "Just over 19 minutes after the rocket's take off, the process of satellite separation will begin. The separation of 36 satellites will happen in a phased manner", as informed by the officials. Earlier social media handle of OneWeb satellite communications company and a partner in this mission took to Twitter and said, "Our golden 'Hello World' mission patch for this launch reflects our initiation of global coverage this year". One Web also mentioned the importance of collaboration between the UK and Indian space industries. One Web further tweeted, "OneWebLaunch18 will see us launch 36 satellites with @isro and @NSIL_India from the Satish Dhawan Space Centre in Sriharikota, India. This mission marks OneWeb's second satellite deployment from India, highlighting the collaboration between the UK and Indian space industries". In the year 2022 on October 23, ISRO launched 36 satellites of OneWeb. It was the first satellite deployment collaboration between the two organizations. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/ashneer-grovers-new-startup-crickpe-is-a-fantasy-sports-app-that-will-also-reward-cricketers/articleshow/98964195.cms">Ashneer Grover's new startup CrickPe is a fantasy sports app that will also reward cricketers</a> <a href="https://www.businessinsider.in/tech/news/you-will-soon-lose-your-legacy-blue-tick-on-twitter-heres-everything-you-need-to-know/articleshow/98960333.cms">You will soon lose your legacy blue tick on Twitter – here’s everything you need to know</a> <a href="https://www.businessinsider.in/tech/mobile/news/three-out-of-four-premium-smartphones-sold-in-2022-were-an-iphone/articleshow/98855033.cms">Three out of four premium smartphones sold in 2022 were an iPhone</a>

ISRO launches India's largest LVM3 rocket from Sriharikota

Dubai, May 9 () An Indian teenager here has recorded songs in over 20 languages, including Arabic, to spread awareness on the COVID-19, saying music has always been her choice for effective communication, according to a media report on Saturday. Suchetha Satish's songs advise the people to keep distance, maintain cleanliness and practice hand washing regularly, the Khaleej Times reported on Saturday. Satish, who hails from Kerala, released her first coronavirus awareness song on March 16 in English, titled 'Say No To Panic', the daily reported. Since then, 14-year-old Satish, who holds the world record for singing in most number of languages in a concert, has recorded the awareness songs in Malayalam, Bengali, Arabic, Kannada, Tulu, Konkani, Marathi, Gujrati, Rajasthani, Sindhi, Himachali, Odiya, Manipuri, Nepali, Urdu, Punjabi, Bhojpuri, Telugu, Kashmiri and Sanskrit. Her songs in Malayalam, Hindi, Bengali, Tamil and Assamese were used by the Kerala government in its 'Break the Chain' campaign, the newspaper reported. Satish, who also holds the world record for the longest live concert by a child, calls herself a COVID-19 warrior. "Music has always been my language of effective communication. With help from my mother Sumitha, I did the lyrics and composed the whole song. My mum helped me with the editing of the video. I took inputs from my father to give authentic information and thus the song was made. The recording was done in my home studio," said Satish, a standard X student of Dubai Indian High School. The lyrics for the songs were penned by her mother, the music was composed by Prashanti Chopra and the orchestration by Denzil Tom, her father told the newspaper. Emirati poet Dr Shihab Ghanem translated the lyrics in Arabic. She said the entire process of making the song took about four days. She said one of the first few songs on COIVD-19 was recorded in Malayalam, which was well appreciated. This inspired her to record the song in other Indian languages. INDIND

UAE-based Indian girl uses music to raise awareness on coronavirus

Mumbai, May 20 () The stimulus package announced by Finance Minister Nirmala Sitharaman "fails to involve" banks in the economic revival process, a member of the Reserve Bank of India's central board said on Wednesday. The stimulus package is "imaginative and forward looking, yet fails to involve banks as frontline warriors in revival of economy," Satish Marathe, a member of RBI's central board, said in a social media post. Sitharaman had announced a series of measures following Prime Minister Narendra Modi's announcement of a Rs 20 lakh crore stimulus package to help the economy. Marathe shared a viewpoint from analysts at rating agency Crisil's research wing, which is sceptical about the near-term benefits of the package to make his point. He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India (RBI) is "not enough" and also listed out other expectations for the benefit of the banking sector. These include relaxations in non performing asset (NPA) and provisioning, he said. Marathe, who has been deeply associated with the cooperative banking sector, said all these "norms need to be part of the stimulus for putting India once again on the growth trajectory". It can be noted that industry bodies have also been pitching to the RBI for relaxations on aspects like moratorium, NPA recognition and provisioning. The package announced by Sitharaman has been termed as "maximum bang for the minimum buck" by an analyst for the very low impact on the fiscal math and dependence on other factors like guarantees to achieve the impact. According to estimates, its fiscal impact varies from 1-2 per cent of the GDP, while Modi had mentioned that the measures will entail a stimulus close to 10 per cent of the GDP. However, most of the analysts have welcomed the long-term potential of the moves, especially the long awaited reforms, but have been sceptical about its short-term impact on growth. Many analysts believe the Indian GDP will contract despite the stimulus package, with some pegging the decrease in the economy at as high as 5 per cent. AA DRR DRR

Stimulus package fails to involve banks as frontline warriors in economic revival: Satish Marathe

​From Puneeth Rajkumar to Satish Kaushik, heart attacks have taken a toll

<keyword id="19915124" type="General" weightage="20" keywordseo="ISRO" source="keywords">ISRO</keyword> has targeted to <keyword id="19997100" type="General" weightage="20" keywordseo="launch" source="keywords">launch</keyword> the first mission of the ambitious <keyword id="19945102" type="General" weightage="100" keywordseo="Gaganyaan" source="keywords">Gaganyaan</keyword> project by December, a top official said here on Friday. Currently, some of the rocket hardware for the human <keyword id="41531" type="General" weightage="20" keywordseo="space" source="Orion">space</keyword> programme has reached the <keyword id="20021373" type="General" weightage="20" keywordseo="Satish-Dhawan-Space-Centre" source="keywords">Satish Dhawan Space Centre</keyword> here and the integration of the crew module was going on at the <keyword id="20054184" type="General" weightage="20" keywordseo="Vikram-Sarabhai-Space-Centre" source="keywords">Vikram Sarabhai Space Centre</keyword>, Trivandrum, ISRO Chairman <keyword id="19929547" type="General" weightage="20" keywordseo="s-somanath" source="keywords">S Somanath</keyword> said. "Today, we are working on the first mission of the Gaganyaan called G1. The first unmanned mission. The status today is the rocket, the S200 stage, the L1, C32 stage are all at Satish Dhawan Space Centre," he said. He said the Crew Module integration was going on at VSSC Trivandrum while Crew Escape hardware was also ready. "So, we have to complete with full wiring and testing should be done. Our target is by November the whole system will reach here, possibly by December launch will happen," he said, responding to a query. Somanath was talking to reporters after successfully launching the third and final developmental flight of the Small Satellite Launch Vehicle that placed the Earth Observation Satellite into orbit earlier in the day. The success of the third and final developmental flight would pave the way for launch of commercial missions using the smallest vehicle by ISRO's commercial arm <keyword id="20038721" type="General" weightage="20" keywordseo="NewSpace-India-Ltd" source="keywords" meta.keywordsubtype="org" meta.entityname="NewSpace India Ltd" meta.hostid="261" meta.entityid="NewSpace India Ltd">NewSpace India Ltd</keyword> (NSIL). Today's successful mission of <keyword id="21471593" type="General" weightage="20" keywordseo="SSLV" source="keywords">SSLV</keyword> allows industry to forge a partnership with ISRO for placing satellites into Low Earth Orbit. Besides, it would also allow a company to gain knowledge on rockets, launch vehicles, and satellites in the Small Satellite Launch Vehicle missions. To a query about the requirement for industries to partner with the ISRO for taking up commercial launch of SSLV missions, Somanath said a day-long meeting was recently held with the industry. "I am hoping that the first technology transfer will happen in India between ISRO and industry. The Request for Interest (RFI) was released and as a single (entity) or as consortia, a company can show interest on the technology transfer (from ISRO) and what were the expectations from ISRO and how to qualify for such missions," he said. From the interactions held with the industry it emerged there was a huge amount of interest for them to learn about space, he added. "We told them it will be a huge challenge for anyone to learn rocketry from scratch. It is not just transferring technology, we are transferring the knowledge on how things are done (at ISRO). It is not the drawings alone, it is the knowledge behind those drawings we transfer to industry," according to Somanath, also the Secretary, Department of Space. Through the industry partnerships, ISRO would teach them on how to build a rocket, he said and added that the industry should qualify as per the criteria put forth by ISRO. The company should possess manufacturing capabilities, manufacturing facilities and financial strengths of a company would be assessed, he said. "We will add weightage and marks based on the performance of the company and based on that the companies will be shortlisted and a contract would be given to them after the companies which have to pay a technology transfer fee," he said. Some of the unique features of SSLVs are -- it provides low-cost access to Space, offers low turn-around time and flexibility in accommodating multiple satellites, 'launch on demand' feasibility and SSLV missions demand minimal launch infrastructure.

ISRO targets first Gaganyaan mission launch by December: Chairman

<ul><li>The Indian Space and Research Organisation (ISRO) is set to launch a satellite — Kalamsat, which has been prepared by Indian students and a private organisation, Space Kidz India.</li><li>The communication satellite is planned for launch on Thursday (24 January) at 11:37 PM.</li><li>According to ISRO, Kalamsat is world’s lightest and first 3D printed satellite.</li></ul>The Indian Space and Research Organisation (ISRO) is set to launch a satellite as light as 1.26 kgs — <a href="https://www.indiatoday.in/education-today/news/story/isro-is-launching-india-s-first-student-made-satellite-tomorrow-in-its-first-space-programme-for-2019-1437248-2019-01-23">Kalamsat</a> — which is designed by Indian students. Reportedly, the space agency will not charge anything to launch the satellite. The designers of the satellite work with a private organisation that deals in science and innovation — Space Kidz India. The startup organisation has also laid plans on creating another satellite — Vikramsat — that could be used for biological experiments in space. The communication satellite is planned for launch on Thursday (24 January) at 11:37 PM, along with MicrosatR — an imaging satellite for Defense Research and Development Organisation (DRDO) from Satish Dhawan Space Centre, Sriharikota, ISRO tweeted. Kalamsat will span over two months. 
 
 
 
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 According to ISRO, Kalamsat is world’s lightest (1.26 kgs) and first 3D-printed satellite and the launch will be first to use rocket to experiment in space. The satellite was built in just six days with in overall investment of nearly ₹1.2 million. However, it took nearly six years for the satellite-makers to understand the technology and its working, NDTV reported. Earlier, a <a href="https://www.abplive.in/india-news/isro-to-launch-kalamsat-worlds-lightest-satellite-made-by-students-from-sriharikota-today-903465">smaller version</a> of Kalamsat — which means ‘gulab jamun’ — weighed just 64 grams — was launched in India by National Aeronautics and Space Administration (<keyword id="6360409" type="COMPANY" weightage="20" keywordseo="Nasa">NASA</keyword>) in 2017. See also: <a href="https://www.businessinsider.in/isro-launches-satellite-to-keep-an-eye-on-pakistan-china-and-bangladesh/articleshow/67634701.cms">India responds to China-Pakistan satellite launch with its own border surveillance satellites</a> <a href="https://www.businessinsider.in/2018-was-a-remarkable-year-for-indias-space-agency-isro-here-were-the-top-5-successful-missions/articleshow/67284873.cms">2018 was a remarkable year for India’s space agency ISRO—Here were the top 5 successful missions</a> <a href="https://www.businessinsider.in/india-successfully-places-the-angry-bird-satellite-into-orbit/articleshow/67171462.cms">India successfully places the 'Angry Bird' satellite into orbit</a>

India’s space agency is set to launch ‘Kalamsat’ — a 3D-printed satellite designed by Indian students

Kolkata, Apr 6 () The microfinance institutions(MFIs), which are currently feeling the pinch of thecoronavirus pandemic with their operations being suspendedduring the nationwide lockdown, are concerned about the near-term growth of the industry, officials said on Monday.The MFIs will concentrate more on protecting theirexisting portfolios, once the lockdown will be lifted, andmany of them may shelve their expansion plans for the timebeing, a self-regulatory organisation of the sector,Microfinance Institutions Network (MFIN) chairperson ManojKumar Nambiar said.Speaking on the outlook for the industry, he told :"Performance of the MFIs in the current fiscal which has justbegun, will depend on when the lockdown will be lifted and howquickly the governments, both the Centre and the states,arrest the pandemic."The first quarter will certainly get affected ascollections will fall in April and May because many borrowerswill opt for the moratorium package."Nambiar, further said, disbursements to existingcustomers will continue but micro-lenders will be cautions toextend credit to the new ones during this crisis period.The short-to-medium-term impact of the coronavirusoutbreak and the subsequent measure of the lockdown to combatthe pandemic seems to be more on the urban in-formal sector ascompared to agriculture-based rural activities, another selfregulatory organisation of the sector, Sa-Dhan executivedirector P Satish told ."MFIs with more exposure in urban informal sectorswill face more difficulties than an lending institution havinga large number of rural sector borrowers," he said.The Association of Microfinance Institutions, WestBengal member and Village Financial Institution's managingdirector Kuldip Maity said it will take at least six monthsfor non-agro portfolios to get into normalcy and the overallindustry growth for the FY21 may slip to 15 per cent.Ruling out any possibility of retrenchment in thesector amid the threat that the economic growth will beadversely impacted due to COVID-19 crisis, Nambiar said, "Theindustry will need to retain their staff so that thecollection and the recovery activities can start once thelockdown is over."However, he said, "expansion plan of many institutionswill either be put on hold for the time being or required tobe tweaked as the MFIs will try to protect their existingportfolio and concentrate more on the steadying the ships.""Certainly, they do not want to expand into newgeographies in this point of time," he added.Despite the disruption in the second half of March,the last month for a financial year, due to the coronaviruspandemic, Satish is, however, optimistic that the microfinanceindustry will clock an growth of about 20 per cent in FY20over the previous year, but apprehensive about the same in thecurrent fiscal.During the lockdown period, the operations of the MFIshave been mostly suspended. Branches are closed and no field-work is going on. Staff of the institutions are currentlyworking from home and engaging with the customers over phone,Nambiar said."Microfinance is basically a group-based lendingapproach. Since there are restrictions on movement, neithermembers of small borrowers' groups, nor loan officers ofmicrofinance institutions are able to meet."Almost everything becomes standstill. Loandisbursement as well as collections from borrowers came to ahalt during the lockdown," Satish said.A few organisations are disbursing advances throughonline arrangement, which accounts for not even 10 per cent ofthe business, he said.The disbursements as well as collections wereadversely impacted due to the coronavirus outbreak and theongoing nationwide lockdown, the officials said.Usually, the disbursements reach its peak beforeclosing of a business year, and last week of March is alwayshectic, Nambiar, who is also managing director of ArohanFinancial Services, said."A rough estimate suggests that Rs 500 crore of moneyis usually disbursed to micro borrowers by the MFIs on a dayin the last week March. Owning to the lockdown, around Rs3,500 crore could not be disbursed to borrowers by 75-80entities in the last seven days of FY20," he told .He said the first half of April is, however,considered to be a "slow period" in terms of disbursement.Collections from borrowers have also been affectedduring the 21-day lockdown imposed to contain the COVID-19pandemic, he said."The loan portfolio of the microfinance industry byend of December 2019, was about Rs 2.12 lakh crore and thecollections per month typically stands at an average 9-10 percent of that."Again, a rough estimate indicates that around 5,000crore of money could not be collected during the last week ofMarch," Nambiar said.Asked whether the three-month moratorium, as per RBI'sguideline, will be extended to the micro borrowers, he said,the package will be "offered to small borrowers and it is upto them whether they will opt for it or not"."The scheme is about extending the loan tenure bythree months. There is a cost implication in the form ofinterest rates, if one opts for the moratorium package. But noborrowers will be penalised for delay in payments for March,April and May," he said.MFIs also started seeking the 3-month moratorium onloan repayment from their lenders such as banks and otherfinancial institutions, Satish said."The MFIs expect a back-to-back moratorium from theirlenders who are banks and financial institutions. This is veryimportant as without that the micro lenders would not be ableto extend loans to their end clients who need it the most inthis difficult period," Nambiar said.Satish predicted the micro credit demand willhopefully pick up with the progress of the current financialyear, as small borrowers will need fund to reorganise theirbusinesses as and when the normalcy in the economy isrestored. BDCRG RG

Hit by lockdown, MFIs apprehensive for growth, likely to shelve expansion plans

<keyword id="20021374" type="General" weightage="20" keywordseo="Sriharikota" source="keywords">Sriharikota</keyword>: <keyword id="19915124" type="General" weightage="100" keywordseo="ISRO" source="keywords" meta.keywordsubtype="org" meta.entityname="ISRO" meta.hostid="261" meta.entityid="ISRO">ISRO</keyword> on Friday launched its third and final <keyword id="22763595" type="General" weightage="20" keywordseo="developmental-flight" source="keywords">developmental flight</keyword>, <keyword id="22803030" type="General" weightage="20" keywordseo="Small-Satellite-Launch-Vehicle-D3" source="keywords">Small Satellite Launch Vehicle-D3</keyword>, carrying <keyword id="21767253" type="General" weightage="20" keywordseo="Earth-Observation-Satellite" source="keywords">Earth Observation Satellite</keyword> EOS-08. The rocket lifted off majestically from the first launch pad at the <keyword id="20021373" type="General" weightage="20" keywordseo="Satish-Dhawan-Space-Centre" source="keywords" meta.keywordsubtype="org" meta.entityname="Satish Dhawan Space Centre" meta.hostid="261" meta.entityid="Satish Dhawan Space Centre">Satish Dhawan Space Centre</keyword> here, situated about 135 km east of Chennai at a pre-fixed time of 9.17 am. The objectives of the SSLV-D3-EOS-08 mission include designing and developing a microsatellite and creating payload instruments compatible with the microsatellite bus, the Bengaluru-headquartered national space agency said. Built on the Microsat/IMS-1 bus, EOS-08 carries three payloads--Electro Optical Infrared Payload (EOIR), Global Navigation Satellite System-Reflectometry payload (GNSS-R) and SiC UV Dosimeter. The EOIR payload is designed to capture images in the Mid-Wave IR (MIR) and Long-Wave IR (LWIR) bands, both during the day and night, for applications such as satellite-based surveillance, disaster monitoring, environmental monitoring, fire detection, volcanic activity observation and industrial and power plant disaster monitoring. The GNSS-R payload demonstrates the capability of using GNSS-R-based remote sensing for applications such as ocean surface wind analysis, soil moisture assessment, cryosphere studies over the Himalayan region, flood detection, and inland waterbody detection. The SiC UV Dosimeter monitors UV irradiance at the viewport of the Crew Module in the Gaganyaan Mission and serves as a high-dose alarm sensor for gamma radiation.

ISRO's final developmental flight lifts off from Sriharikota spaceport

Here’s a list of Lok Sabha and Rajya Sabha constituencies going for by-poll on 21st October 2019 <table style="width: 0cm;"> <tbody><tr> <td style="border-width: 1pt; border-style: solid; border-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Constituency </td> <td style="border-top: 1pt solid black; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left-width: initial; border-left-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> INC Candidate </td> <td style="border-top: 1pt solid black; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left-width: initial; border-left-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> BJP Candidate </td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Samastipur - Bihar (Lok Sabha) </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Dr. Ashok Kumar </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Rajya Sabha - Uttar Pradesh </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Sudhanshu Trivedi </td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Rajya Sabha - Bihar </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Satish Dubey </td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Kishanganj - Bihar (Assembly Bye Election) </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Sayeeda Banu </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Mandawa - Rajasthan (Assembly Bye Election) </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Rita Chaudhary </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Khinwsar – Rajasthan - (Assembly Bye Election) </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Harendra Mirdha </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> </tr> <tr> <td style="border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-top-width: initial; border-top-style: none; padding: 1.5pt 2.25pt; height: 15.75pt;"> Balha - Uttar Pradesh (Assembly Bye Election) </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"> Mannu Devi </td> <td style="border-top-width: initial; border-style: none solid solid none; border-left-width: initial; border-bottom-width: 1pt; border-bottom-color: black; border-right-width: 1pt; border-right-color: black; padding: 1.5pt 2.25pt; height: 15.75pt;"></td> </tr> </tbody></table> The demise of one of the top leaders of BJP Arun Jaitley (BJP) and the renowned lawyer Ram Jethmalani (RJD) has created a vacuum in the Rajya Sabha. BJP has announced that the party’s spokesperson Sudhanshu Trivedi and former Lok Sabha MP Satish Dubey will contest for these two Rajya Sabha MP posts from Uttar Pradesh and Bihar respectively. Samastipur in Bihar will go for by polls due to the demise of Ramchandra Paswan who won from this seat on behalf of LJP in 2019 elections. Congress has nominated Dr. Ashok Kumar to contest from this seat. Earlier during the last elections, he lost to Ramchandra Paswan. During the upcoming bye polls on October 21, 2019, Sayeeda Banu, Rita Chaudhary, Harendra Mirdha and Mannu Devi will field for Congress party from the assembly constituencies of Kishanganj (Bihar), Mandawa (Rajasthan), Khinwsar (Rajasthan) and Balha (Uttar Pradesh) respectively.

Candidate list for by poll on October 21 in UP, Bihar and Rajasthan

<ul class="summary-list"><li><keyword id="11909666" type="UNKNOWN" weightage="60" keywordseo="bitconnect" source="Orion">BitConnect</keyword>'s founder has been charged with orchestrating a global $2.4 billion <keyword id="11948398" type="UNKNOWN" weightage="60" keywordseo="ponzi-scheme" source="Orion">Ponzi scheme</keyword>, the Justice Department said.</li><li>Satish Kumbhani faces several charges including wire <keyword id="11893299" type="UNKNOWN" weightage="60" keywordseo="fraud" source="Orion">fraud</keyword>, the DOJ said Friday.</li></ul>The founder of the now-obsolete cryptocurrency exchange BitConnect has been charged with organizing a $2.4 billion Ponzi scheme after a San Diego grand jury returned an indictment, according to a <a href="https://www.justice.gov/opa/pr/bitconnect-founder-indicted-global-24-billion-cryptocurrency-scheme">statement</a> from the Department of Justice on Friday. Satish Kumbhani founded BitConnect in 2016 and had previously been accused of securities fraud by the Securities and Exchange Commission for the misuse of <keyword id="11893902" type="UNKNOWN" weightage="60" keywordseo="bitcoin" source="Orion">bitcoin</keyword> raised from global investors. He is now charged with a litany offenses, which are punishable by up to 70 years in prison."Kumbhani is charged with conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodity price manipulation, operation of an unlicensed money transmitting business, and conspiracy to commit international money laundering," the DOJ said.Kumbhani remains at large, according to the DOJ. Insider has reached out to Kumbhani for comment.The DOJ said 36-year old Kumbhani misled investors in BitConnect's 'Lending Program', in which users traded in their bitcoin for BitConnect's own coin. This then locked the value of the coin for a set amount of time and in turn they received daily interest payments. The DOJ said Kumbhani and his co-conspirators touted the benefits of BitConnect's 'Trading Bot' and its 'Volatility Software', claiming it was able to generate profits and guarantee returns by trading on the volatility of cryptocurrency <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword>. According to the indictment, BitConnect operated as a Ponzi scheme in reality, where early investors were paid with money received from new investors, rather than through the returns generated by the 'Lending Program'.The indictment says Kumbhani closed the Lending Program after a year and told his network of promoters to fraudulently manipulate and prop up the price of BitConnect's bcc coin to give the appearance of demand for the token. <a href="https://www.businessinsider.com/bitconnect-to-shut-down-2018-1?utm_medium=ingest&amp;utm_source=markets">BitConnect shut down</a> in January 2018, just two weeks after the Texas State Securities board issued a cease and desist order. Bitcoin was trading around $15,000 at that time, according to CoinMarketCap.In the years since, the SEC and the US Department of Justice have pursued the case, with the three promoters of the Lending Program agreeing to pay <a href="https://markets.businessinsider.com/news/currencies/bitconnect-promoters-settle-sec-crypto-lending-regulators-scheme-2021-8?utm_medium=ingest&amp;utm_source=markets">$3.5 million to settle charges</a> with the SEC last August.<ul><li>Read more: <a href="https://www.businessinsider.com/investing-strategies-hawkish-fed-tight-money-policy-russia-ukraine-invasion-2022-2?r=US&amp;IR=T" target="_blank" rel="noopener noreferrer">A Wall Street veteran weighs in on why escalating Russia-Ukraine tensions are unlikely to delay the Fed's hawkish campaign to raise rates — and shares 3 commodity-based strategies to leverage in this environment</a></li></ul>

Founder of now-defunct BitConnect has been indicted for a $2.4 billion crypto Ponzi scheme.

<ul><li>The <keyword id="11898795" type="UNKNOWN" weightage="60" keywordseo="sec" source="Orion">SEC</keyword> sued the founder of <keyword id="11909666" type="UNKNOWN" weightage="60" keywordseo="bitconnect" source="Orion">BitConnect</keyword> on Wednesday alleging a $2 billion <keyword id="11909667" type="UNKNOWN" weightage="60" keywordseo="crypto-fraud" source="Orion">crypto fraud</keyword>.</li><li>Satish Kumbhani is accused of improperly selling securities in January 2017.</li><li>BitConnect falsely told investors it could generate monthly returns as high as 40%, according to the SEC.</li><li><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestm=ingest" target="_blank" rel="noopener">Sign up here for our daily newsletter, 10 Things Before the Opening Bell</a>.</li></ul>The SEC sued the founder of BitConnect on Wednesday for an alleged $2 billion <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> fraud, according to court filings first <a href="https://news.bloomberglaw.com/securities-law/sec-sues-bitconnect-founder-for-2-billion-crypto-scheme">reported on by Bloomberg Law.</a>Satish Kumbhani is accused by the SEC of improperly selling securities, raising $2 billion from investors in an offering that wasn't properly registered with regulators. The security raise occurred in January of 2017. According to the SEC, Kumbhani and Glenn Arcaro, a promoter, improperly sold securities tied to BitConnect's purported "lending program" throughout 2017. The defendants falsely told investors that it could generate monthly returns as high as 40% with its "volatility software <keyword id="6368158" type="UNKNOWN" weightage="60" keywordseo="trading" source="Orion">trading</keyword> bot," according to the complaint.The SEC alleges no such trading strategy existed. In May, the SEC sued five promoters tied to BitConnect that pushed the scheme by creating testimonials on YouTube. The promoters were awarded commissions based on their success in attracting new investors. According to the SEC, Arcaro received more than $24 million in referral commissions. The promoters <a href="https://markets.businessinsider.com/news/currencies/bitconnect-promoters-settle-sec-crypto-lending-regulators-scheme-2021-8">paid 190 bitcoin and $3.5 million</a> to the SEC to settle the charges.BitConnects <a href="https://www.businessinsider.com/bitconnect-to-shut-down-2018-1?utm_source=markets&amp;utm_medium=ingestgest">folded in 2018</a> after it received cease and desist letters for the unauthorized sale of securities and being the victim of DOS cyber attacks.

You Searched For "Satish" and got 13 results

Tokyo Olympics: India's Satish Kumar exits from quarter-finals in boxing after losing to Bakhodir Jalolov

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Satish Reddy elected CII SR Chairman, CK Ranganathan, Deputy

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ISRO launches India's largest LVM3 rocket from Sriharikota

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UAE-based Indian girl uses music to raise awareness on coronavirus

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Stimulus package fails to involve banks as frontline warriors in economic revival: Satish Marathe

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From Puneeth Rajkumar to Satish Kaushik, heart attacks have taken a toll

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ISRO targets first Gaganyaan mission launch by December: Chairman

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India’s space agency is set to launch ‘Kalamsat’ — a 3D-printed satellite designed by Indian students

BI India Bureau

Hit by lockdown, MFIs apprehensive for growth, likely to shelve expansion plans

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ISRO's final developmental flight lifts off from Sriharikota spaceport

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Candidate list for by poll on October 21 in UP, Bihar and Rajasthan

BI India Bureau

Founder of now-defunct BitConnect has been indicted for a $2.4 billion crypto Ponzi scheme.

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You Searched For "Satish" and got 13 results

Tokyo Olympics: India's Satish Kumar exits from quarter-finals in boxing after losing to Bakhodir Jalolov

PTI

Satish Reddy elected CII SR Chairman, CK Ranganathan, Deputy

PTI

ISRO launches India's largest LVM3 rocket from Sriharikota

ANI

UAE-based Indian girl uses music to raise awareness on coronavirus

PTI

Stimulus package fails to involve banks as frontline warriors in economic revival: Satish Marathe

PTI

​From Puneeth Rajkumar to Satish Kaushik, heart attacks have taken a toll

Srishti Magan

ISRO targets first Gaganyaan mission launch by December: Chairman

PTI

India’s space agency is set to launch ‘Kalamsat’ — a 3D-printed satellite designed by Indian students

BI India Bureau

Hit by lockdown, MFIs apprehensive for growth, likely to shelve expansion plans

PTI

ISRO's final developmental flight lifts off from Sriharikota spaceport

PTI

Candidate list for by poll on October 21 in UP, Bihar and Rajasthan

BI India Bureau

Founder of now-defunct BitConnect has been indicted for a $2.4 billion crypto Ponzi scheme.

Adam Morgan McCarthy

SEC sues BitConnect founder for alleged $2 billion crypto fraud

Matthew Fox

Popular Keywords

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From Puneeth Rajkumar to Satish Kaushik, heart attacks have taken a toll