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VyamIC to Build Indian First Private Global Constellation of Satellites

1. Fundamental Notification and Importance.

  • Company: VyomIC, a space tech start up based in Chennai.
  • Plans Plans to develop the first privately owned global satellite constellation in India.
  • Mission: To offer precision Positioning, Navigation, and Timing (PNT) services.
  • Significance: This is a landmark occasion in the history of the Indian space industry that has shifted to being a supplier of components to be a developer of sovereign and international space-based infrastructure.

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Swiggy Sells Rapido Stake in 2400 Cr. Deal

1. Core Transaction Details

  • Business Parties Involved Swiggy (seller), Rapido (investment), Prosus NV and WestBridge Capital (buyers).
  • Deal Structure: Swiggy has exited all its 11.8 percent stake in bike-taxi aggregator Rapido.
  • Value of the whole deal: 2,400 crore (or around 288 million).
  • Buyer Breakdown:
    • Prosus NV: Purchased shares at 1,968 crore.
    • WestBridge Capital: Purchased shares worth 431.5 crore.
  • Approvals in Pending: The deal is liable to Competition Commission of India (CCI) approval as well as shareholder approval of Swiggy.

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World Post Day

1. Core Information

  • Designation: A global observance that takes place every year.
  • Date: It is always held on 9 th October each year.
  • Main Objective: To sensitise on the role and significance of the postal industry.

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World Sight Day 2025

1. Core Information

  • What it is: It is an International Day of Awareness referred to as World Sight Day.
  • Frequency & Timing: This is held annually on the second week of October.
  • 2025 Date: This puts the celebration on the 9 th day of October, 2025.

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The Landmark IPO of Tata capital and the External Debt Position in India


Part 1 Tata Capital Landmark IPO.

1. Key Details of the IPO

  • Name: Tata capital limited company.
  • Issue Size: ₹15,511 crore.
  • Significance: It is the biggest initial public offering (IPO) by the Tata Group as well as any Non-Banking Financial Company (NBFC) in India.
  • Opening Date: October 6, 2025.

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