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SIA-India to set up portal to facilitate govt-private interface for satellite industry
Mumbai: Over 48 noted experts from as many as 12 countries attended – ‘SatCom Emerging trends: Post reform era’ – a two- day conference organised by the Satcom Industry Association (SIA) India from 5-6 August.
The virtual event saw various eminent speakers discussing the future role of the Satellite industry especially in the context of India. Supported by Indian Space Research Organisation (ISRO) the objective of this conference was to provide a platform to various stakeholders to come together and address the critical issues and challenges faced by the Satellite industry.
In his opening remark, SIA India president and Ananth Technologies, CMD Subba Rao Pavuluri outlined the importance and future prospect of space technology especially the Indian Satcom ecosystem. According to Dr Rao, over 500 firms engaged in space technologies will benefit from these reforms.
Airspace IX founder CEO and Speedcast founder CEO Thomas Choi said, “India should focus more on developing systems which are not expensive”.
In his special address, ISRO Scientific Secretary R. Umamaheshwaran who was also the guest of honour talked about the fantastic growth of the SatCom industry in India in the last 40 years which has drastically affected the lives of the common people. Space has the opportunity to play a complementary role for development and growth, he said.
ISRO former chairman and department of space secretary, Dr AS Kiran Kumar emphasised on the larger participation of private and global players in this field to fulfil the need and demand for Satcom Industry overall growth in India.
“In a country with 57 per cent rural India is unconnected, satellites will play a pivotal role in bridging the digital divide. SIA-India’s emphasis is to play an important role in facilitating a regulatory and policy framework to make this happen,” said Satcom Industry Association, director general, Anil Prakash.
The day two of the event saw eminent speakers deliberate on the participation of the private sector in the SatCom industry. ‘Space Startups connecting to International markets with emerging business Models’ was also a subject for the discussion.
The conference aimed to help create a bridge between the government and the industry bodies to understand the importance of the space economy as the next big leap towards making India a global superpower.
eNews
Paisabazaar launches Credit Premier League 2.0
Nationwide campaign rewards highest credit scores with Rs 1 lakh top prize.
MUMBAI: When credit scores become a national league, even your CIBIL report starts feeling like it’s playing in the IPL and Paisabazaar has just kicked off the second season. Paisabazaar, India’s leading marketplace for financial products and the country’s largest free credit score platform, has announced the return of the Credit Premier League (CPL) 2.0, a fun, nationwide initiative to recognise and reward individuals with the highest credit scores.
Building on the success of the first edition, CPL 2.0 introduces higher rewards and broader participation. The individual(s) with the highest credit score in the country will win Rs 1 lakh, while state champions will each receive Rs 10,000. Additionally, all participants from the winning state, the one with the highest average credit score will also be rewarded.
All winnings will be credited directly to winners’ PB Wallet, allowing them to pay credit card bills, recharge mobiles, or settle utility bills seamlessly on the Paisabazaar platform.
Paisabazaar CEO Santosh Agarwal said the campaign aims to make credit awareness more engaging and mainstream. “With CPL, we are bringing together engagement, gamification and rewards to make conversations around credit scores more mainstream,” he noted. “Our focus remains on building a financially aware and credit-healthy Bharat.”
The first edition of CPL saw over 5.5 million participants, with the highest individual score touching 861. Delhi recorded the highest average credit score of 746.
Consumers can participate simply by checking their free credit score on the Paisabazaar platform or app. The CPL leaderboard and rankings will be available exclusively on the Paisabazaar App.
In a country where financial dreams are serious business, Paisabazaar has found a smart way to turn credit scores into an exciting game – because when your financial health gets rewarded, everyone wants to play.
