Correct Answer : NewSpace India Ltd(NSIL)
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday(8th June 2022) approved the transfer of 10 in-orbit communication satellites from the government of India to NewSpace India Ltd (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), in a move that is widely expected to ensure adequate commercial exploitation of these satellites.
The Cabinet also approved increasing the authorised share capital of NSIL from ₹1,000 crore to ₹7,500 crore.
Source : F T L