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Cash-strapped IDBI Bank seeks capital rejig
Approaches government for fresh funds, conversion of bonds into equity.

'We are constantly looking for targets'
Shivani Shinde / Mumbai October 16, 2009, 0:39 IST

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Mukesh, Tata praise Das' contribution to India Inc
Two of the country"s top corporate stalwarts, Ratan Tata and Mukesh Ambani, today showered rich praises on Tarun Das, a day after he demitted office as Chief Mentor of business chamber CII, and described him as the face of modern Indian industry.
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ISRO develops tech to boost satellite life by five years

For the first time, India"s space scientists have developed electric propulsion technology that is expected to boost the life of geostationary satellites by upto five years. - US puts Lockheed off Tejas flight path - India"s moon mission quite economical - Kalam advises Isro, Nasa on Chandrayaan-II - Moon mission 110% success: Isro - Chandrayaan-I finds water on moon - Fashionable in bed In other words, the satellites which today have a lifespan of ten years, could last upto 15 years. The system -- plasma thrusters - would be tested in GSAT-4 spacecraft slated to be launched on board GSLV later this year, ISRO chairman Madhavan Nair told PTI. "Electric propulsion is going to be a unique thing. It will be used in GSAT-4. This is a concept we are going to prove in this (GSAT-4). Once proven, it can be adopted as standard for future geostationary orbits", he said. So far, ISRO had been using chemical propulsion for station-keeping, altitude control, precision spacecraft control, stabilisation and orientation. With the use of electric propulsion, the life of the spacecraft can be enhanced, Nair, also Secretary in the Department of Space, said.


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