India successfully carries out night launch of nuclear capable Agni Prime missile
New Delhi (PTI): India has successfully carried out a night launch of new generation nuclear capable ballistic missile 'Agni Prime' from the Abdul Kalam Island off the coast of Odisha, boosting the country's strategic deterrence capability.
The defence ministry said the test-flight was carried out on Wednesday evening and it met all the trial objectives, validating the reliable performance, as confirmed from the data captured by a number of range sensors deployed at different locations.
The Strategic Forces Command (SFC), along with Defence Research and Development Organisation (DRDO), carried out the flight test of the missile that has a strike range of 1,000 to 2,000 km.
Defence Minister Rajnath Singh congratulated the DRDO, SFC and the armed forces for the successful test flight and stated that the successful development and induction of the missile will be an excellent force multiplier for the military.
"Strategic Forces Command (SFC), along with the DRDO, conducted the successful flight-test of new generation ballistic missile Agni-Prime from Dr APJ Abdul Kalam Island off the coast of Odisha at around 1900 hours on April 3," the ministry said.
"The test met all the trial objectives validating its reliable performance, as confirmed from the data captured by a number of range sensors deployed at different locations, including two downrange ships placed at the terminal point," it said.
The launch was witnessed by Chief of Defence Staff Gen Anil Chauhan, the Chief of Strategic Forces Command and senior officials from the DRDO and the Indian Army.
Gen Chauhan and Chairman DRDO Samir V Kamat appreciated the efforts of the SFC and DRDO for the successful flight test.
Last month, India successfully carried out the first flight test of indigenously developed Agni-5 missile with multiple independently targetable re-entry vehicle (MIRV) under its 'Mission Divyastra'.
By carrying out the test, India joined a select group of nations having such a capability. The MIRV feature ensures that a single missile can deploy multiple war heads at different locations.
Agni-V missile has a range of up to 5,000 km and it can bring almost the entire Asia, including the northernmost part of China as well as some regions in Europe under its striking range.
The Agni 1 to 4 missiles have ranges from 700 km to 3,500 km and they have already been deployed.
In June last year, India successfully carried out the night launch of the 'Agni Prime'
In April last year, India successfully carried out the maiden flight trial of an endo-atmospheric interceptor missile from a ship off the coast of Odisha in the Bay of Bengal as part of its ambitious ballistic missile defence programme.
The purpose of the trial of the sea-based missile was to engage and neutralise a hostile ballistic missile threat thereby elevating India into an elite club of nations having such a capability.
India has been developing capabilities to intercept hostile ballistic missiles both inside and outside the earth's atmospheric limits.
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Binny Bansal steps down from board of PhonePe
New Delhi, Nov 22: Flipkart's co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech company said on Friday.
PhonePe also announced the appointment of Manish Sabharwal as an Independent Director and Chair of its Audit Committee.
In this role, Sabharwal will be instrumental in upholding the integrity and effectiveness of PhonePe's financial reporting, internal controls, and risk management practices, he company said in a release.
"PhonePe also announced that Flipkart's co-founder, Binny Bansal has stepped down from its Board of Directors. Binny acquired PhonePe in 2016 and has been on its Board since then," the release said.
Commenting on the board rejig, Sameer Nigam, CEO and Founder of PhonePe said, "I would like to express my heartfelt gratitude to Binny Bansal for being one of PhonePe's earliest and staunchest supporters. His active engagement, strategic guidance, and personal mentorship have profoundly enriched our discussions. Binny will be missed!"
Nigam further said that Sabharwal's depth of understanding of India's macro economy, coupled with his leadership in shaping India's policies for education, employment, and employability will be invaluable as PhonePe continues to work ahead towards shared vision of a Viksit Bharat by 2047.
Sabharwal is Vice-Chairman of Teamlease Services, India's largest staffing and human capital firm.
Bansal played an instrumental role in Flipkart's acquisition of PhonePe way back in 2016 and had been on its board since then (the payments firm separated from Flipkart in 2022).
