Page 2 - Bharti Group

Bharti Group's OneWeb ties up with Isro to kick off India chapter

Mittal says OneWeb would be the first private player to launch satellites from India through Isro facilities

Bharti's OneWeb, ISRO arm collaborate to launch satellite in India

Bharti Group backed OneWeb on Monday said it has entered an arrangement with the commercial arm of ISRO, NewSpace India Limited (NSIL), to launch its satellite in India from 2022. The arrangement has been made through a letter of intent (LOI) with NSIL, to use Indian-built PSLV (Polar Satellite Launch Vehicle) and the heavier GSLV-MkIII (Geosynchronous Satellite Launch Vehicle) as potential platforms to launch OneWeb's satellites in India from 2022, the statement said. "The non-binding letter of intent was unveiled at the launch of Indian Space Association (ISpA) in the presence of the Hon'ble Prime Minister of India Shri Narendra Modi," it said. OneWeb is amongst the founding members of ISpA, which strives to be the collective voice of space and satellite companies in India and will work with stakeholders across for the development of India's space ecosystem. The company is building its initial constellation of 648 LEO satellites and has already put 322 satellites into orbit. It

OneWeb to be first pvt player to launch satellite from Indian soil: Mittal

Bharti Group's subsidiary OneWeb will be the first private player to launch satellites from Indian soil through ISRO facilities, Bharti Enterprises chairman Sunil Bharti Mittal said Monday.

Bharti group-backed OneWeb launches 34 more satellites into orbit

OneWeb, the Low Earth Orbit (LEO) satellite communications company backed by Bharti, on Monday announced the launch of 34 satellites by Arianespace from the Baikonur Cosmodrome in southern Kazakhstan

Bharti group-backed OneWeb granted LoI for NLD, says DoT official

OneWeb, the Low Earth Orbit satellite communications company backed by Bharti Group, has been granted letter of intent for national long distance (NLD), while its application for providing global mobile personal communication by satellite is under consideration, a senior Telecom Department official said on Wednesday. Addressing a session hosted by industry body Broadband India Forum (BIF) on Satcom & 5G The Final Frontier', R Shakya, DDG (Satellite), Department of Telecom assured that the government is looking to provide an enabling environment for satellite communications in the country. Referring to OneWeb, Shakya said that the firm has applied for licence on GMPCS (global mobile personal communication by satellite) services and NLD (national long distance) services using satellite constellations. "I believe Letter of Intent (LoI) for NLD licence has already been issued to them. For GMPCS, since it requires a larger participation and discussion, and decision making entity is ...

Bharti-backed OneWeb raises $330mn from South Korea's Hanwha Systems

Hanwha brings further defence capabilities and the latest antenna technologies to OneWeb

Top headlines: India approves Moderna vaccine; Sebi announces reforms

Business Standard brings you the top news of the evening

Bharti to invest Rs 3,700 cr into OneWeb; to become largest shareholder

The transaction is expected to be completed in the second half of 2021

Bharti group backed OneWeb successfully launches 36 more satellites

Bharti group backed OneWeb confirmed the next successful launch of 36 satellites by Arianespace from the Vostochny Cosmodrome

Srikanth Balachandran moves from Bharti Global, joins Oneweb as CFO

Appointment assures continuity for OneWeb; under his stewardship, Airtel engaged in intense M&A, grew its customer base five-fold and expanded operations to 18 countries

OneWeb secures funding from SoftBank Group, Hughes Network Systems

With the investment, SoftBank will get a seat on OneWeb Board

UK's satellite tech firm bid with India's Bharti under Parliament scrutiny

As part of the deal, Sharma had confirmed that the UK will invest $500 million and take a "significant" equity share in London-based OneWeb, which had declared bankruptcy earlier this year

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4

Vodafone Idea, Bharti Infratel spar over Indus Towers' stake sale

The clash is over Vodafone Idea's 11.5 per cent stake in Indus Towers

Bharti Group exits Biyani's Future Enterprises, Bennett Coleman steps in

Bharti Group has exited from Kishore Biyani-led Future Enterprises by selling its 13.64 per cent stake for an estimated sum of over Rs 240 crore. Cedar Support Services, a Bharti Group entity, sold its entire 61,919,069 shares aggregating to 13.64 per cent stake in Future Enterprises on May 17. Based on the average price of the stock at Rs 39.21 apeice on BSE on the day of transaction, sale of 61,919,069 shares is estimated to be valued at Rs 242.78 crore. The offloading was carried out through block deal and open market transaction, Future Enterprises said in a regulatory filing. Among the buyers of the shares were Future Enterprises' promoter Central Departmental Stores and Bennett, Coleman & Company. This sale comes at a time when Cedar Services is said to be in talks with several potential investors for selling its stake in Future Retail. Cedar holds 9.23 per cent stake in Future Retail. In May 2015, Future group agreed to acquire Bharti group's retail business under the ...