On February 21st, 2024, the Union Cabinet approved Foreign Direct Investment (FDI) to invest 100% in the Indian space sector, under the automatic route for manufacturing components, systems, and sub-systems for satellites. The proposed reforms aim for FDIs to invest in Indian space sector programs by creating a more open way for them to enter [...]
Shares of Apollo Microsystems Limited zoomed 4.98% and got locked at ₹ 301.25 apiece in an upper circuit after the company fixed Thursday, May 04, 2023, as the record date to split its shares. The Apollo Microsystems is a pioneer in the design, development, assembly and testing of electronic and electro-mechanical solutions. It develops and [...]