Agni-I missile successfully test-fired

India today successfully test-fired its indigenously developed nuclear capable Agni-I ballistic missile, with a strike range of 700 km, as part of the Army’s user trial from a test range at Wheeler Island off Odisha coast.

The surface-to-surface, single-stage missile, powered by solid propellants, was test-fired from a mobile launcher at about 10:10 hrs from launch pad-4 of the Integrated Test Range at Wheeler Island, about 100 km from here, defence sources said.

Agni-I was developed by advanced systems laboratory, the premier missile development laboratory of the DRDO in collaboration with Defence Research Development Laboratory and Research Centre Imarat and integrated by Bharat Dynamics Limited, Hyderabad.

Cospar-2012 to be hosted at Mysore

Some 2,500 of the world’s space scientists are set to come together in Mysore from July 14 to 22.

The event, Cospar-2012 or the Committee on Space Research, will discuss papers worked around the theme `Space for the benefit of mankind’. It will formally open on July 16.

The highlight will be a roundtable where space agencies will present a vision for space beyond 2020. The ISRO Chairman, Dr K. Radhakrishnan, will unveil the Indian vision.

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Govt plans to revive 5 PSUs with huge fund infusion

Plans to revive five public sector units (PSUs) at a total investment of Rs.4,575 crore are under active consideration of the government which will  revive Lucknow-based Scooters India, HMT, HMT Bearings, HMT Watches, newsprint maker NEPA and Nagaland Pulp and Paper — will be revived through the induction of funds by the government.

In the case of Scooters India Ltd (SIL), the government's plan changed from offering it for outright sale to reviving on its own.