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  1. What Does Skyroot's Orbital Success Actually Mean For India? | Markets Today #264 | Upstox

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What Does Skyroot's Orbital Success Actually Mean For India? | Markets Today #264 | Upstox

SUMMARY

πŸ“Œ In this episode of Markets Today, we decode Paytm's strong Q1 with 28% revenue growth and 79% profit jump despite shelving its bonus issue, why NIIF chose Ather over Ola and TVS in a strategic EV technology bet, and how Skyroot's Vikram-1 reached orbit, making India only the third country with a private orbital rocket and opening new opportunities in the fast-growing global space economy.

πŸ“Œ In this episode of Markets Today β€” Paytm's revenue up 28% and profit up 79% but bonus issue shelved, NIIF bets on Ather over Ola and TVS, and Skyroot's Vikram-1 reaches orbit making India only the third country with a private rocket in space.

#1 πŸ’³ Paytm's Comeback Revenue β‚Ή2,448 crore, up 28%. Profit β‚Ή220 crore, up 79%. PPI wallet licence revived. Bonus issue shelved β€” capital going to expansion instead.

#2 ⚑ Why Ather Over Ola NIIF takes stake in Ather. Ather builds in-house β€” battery, motor, electronics. No Chinese component dependence. India wants EV technology, not just assembly.

#3 πŸš€ Skyroot Reaches Orbit Vikram-1 hits Earth orbit. India joins US and China in private orbital spaceflight. Space economy: $600B now, $1.8T by 2035. Foreign satellites launched from India β€” zero-footprint exports. But one test β‰  profitable business.

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