Branson’s vIrGIn GalacTIc To be In space by 25 dec: reporT

since TCS and Infosys hold around 25% weight each in the index, we feel that investors looking at short or medium term investment can consider buying both TCS and Infosys stocks for smart gains in the next one year. The three IT heavyweight stocks or HIT stocks have shrugged the rupee blues and should carry on with what they do best. That is, make money for investors. Buy the three HIT stocks for super gains. Rajiv Kapoor is a share broker, certified mutual fund expert and MDRT insurance agent. WASHINGTON: Billionare entreprenuer Richard Branson is “pretty confident” that his space tourism venture Virgin Galactic will send astronauts into space by Christmas, the media reported. In an interview with CNN Business’ Rachel Crane on Friday, Branson stated that Galactic is on the verge of a major achievement and will send astronauts into space by Christmas. Earlier in 2018, the company resumed powered test flights of the rebuilt SpaceShipTwo, named VSS Unity. A test in July sent the craft to a peak altitude of 32.3 miles. The goal is to send VSS Unity more than 50 miles above Earth, high enough to earn passengers astronaut wings from US government, the report said. “We have a brilliant group of astronauts who literally believe 100% in the project, and give it their everything,” he said, adding “I’m reasonably confident that before Christmas, we will do so”. Galactic’s rocket-powered plane SpaceShipTwo has been thoroughly tested on the ground and at lower altitudes, Branson said.