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Why India lost Rs 256 crores in one minute
by Mintu Kumar on Jul 15, 2006 11:32 AM

Something is doutfull in this statement:
''We have not insured satellites that are launched from India. But we have insured every satellite that ISRO has launched from foreign stations like Kourou in French Guyana," -- told Krishnamurthy."The simple reason is that New India Assurance is a government company and ISRO is a government agency. The loss in a space disaster, in any way then, is the government's," pointed out a senior ISRO official.

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Why India lost Rs 256 crores