Big firms eye ISRO's rocket tech; DealShare's sale talks
India's major industrial groups, including L&T and Adani, are pursuing ISRO's LVM3 rocket technology, with formal bidding expected in October. This initiative aims to enhance India's space economy, projected to grow from $8.4 billion in 2022 to $44 billion by 2033. Meanwhile, DealShare is in advanced talks to be acquired by Truemeds for over $90 million, leveraging its cash balance.