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Start learning 50% faster. Sign in nowThe Union Cabinet approved the transfer of 10 in-orbit communication satellites from Government of India (Gol) to NewSpace India Ltd. (NSIL), a wholly owned Public Sector Enterprise (PSE) of GOI under the administrative control of the Department of Space.It also approved increasing the authorized share capital of NSIL from Rs 1000 crore to Rs 7500 crore.
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