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Spectrum allocation for satellite is in sync with SC order: SpaceX

Business Standard

|

June 10, 2023

In a strong pitch to the Indian regulator, Elon Musk's SpaceX has justified 'administrative' allocation of spectrum for satellite communications, saying it is in consonance with a 2012 Supreme Court order.

- SURAJEET DAS GUPTA

Spectrum allocation for satellite is in sync with SC order: SpaceX

The order specified that when 'transferring' or 'alienating all scarce natural resources, the state must opt for an auction.

In its communication to TRAI, SpaceX has said the focus of the Ministry of Communications and TRAI will be on ensuring that any spectrum assignment process complies with the order, which was given during the cancellation of many 2G licences. It also recognises that TRAI's assignment method must not be 'overly subject to legal challenge'.

WEITERE GESCHICHTEN VON Business Standard

Business Standard

4 RCPL brands cross ₹1K crore mark in FY26

Reliance Consumer Products Ltd (RCPL) has reported agross revenue of around ₹15,000 croreso far in 202526 (FY26), with fourbrands— Campa, Campa Energy, Independence and Good Life—eachcrossing ₹1,000 crore, In the October-December quarter (Q3), RCPL’s gross revenue crossed ₹5,000 crore.

time to read

1 mins

January 19, 2026

Business Standard

Business Standard

The value of the Mauritius treaty

High private investment requires sound tax policy and the rule of law.

time to read

4 mins

January 19, 2026

Business Standard

Business Standard

India may play out as a growth story in Davos

‘The weeklong s6th annual meeting of the World Economic Forum (WEF), starting January 19 in Davos, will have a strong desi flavour this year, with a large delegation of ministers, industrialists, and chief executives, along with senior representatives of state governments, headed to the Swiss town.

time to read

3 mins

January 19, 2026

Business Standard

Business Standard

SunSource founder-led trio plans ₹10K cr cleantech push

Renewable energy investor Kushagra Nandan, who cofounded SunSource Energy in 2011 and biofuel firm REnergy Dynamics (RED) in 2024, has launched a new clean-technology company, LNK Energy, along with investor Varun Karad and Paritosh Ladhani, joint managing director of SLMG Beverages, India's largest Coca-Cola bottler.

time to read

1 mins

January 19, 2026

Business Standard

Nominal GDP growth for FY27 seen at 10-10.5%

The upcoming Union Budget, to be presented on February 1, is likely to assume nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for the financial year 2026-2027 (FY27), a Business Standard poll of economists showed.

time to read

2 mins

January 19, 2026

Business Standard

Proptech firms see sustained investor interest

Deeper adoption in realty market witnessed

time to read

1 min

January 19, 2026

Business Standard

Soon, single monthly snapshot to reflect all your savings

India's banking, financial services and insurance (BFSI) consumers may soon be able to take a comprehensive view of their savings and investments across asset classes with a single monthly snapshot statement, instead of separately reviewing and adding up month-end balances reported by the likes of mutual funds and banks, according to a proposal being discussed among financial regulators.

time to read

2 mins

January 19, 2026

Business Standard

Business Standard

From cash to clicks

Prime minister Narendra Modi earlier this month said India’s growth fact sheet was the success story of the “Reform, Perform and Transform” mantra while pointing to the emergence of the Unified Payments Interface (UPI) as one of the key reasons behind the transformation.

time to read

1 min

January 19, 2026

Business Standard

Business Standard

Domestic sales a booster dose for pharma revenues

Buoyant domestic sales are expected to lift revenues for pharma companies

time to read

2 mins

January 19, 2026

Business Standard

Business Standard

'A spirit of dialogue' at WEF, Davos, amid Trump's unilateralism

Today marks the completion of one year since Donald Trump began his second term as the President of the United States.

time to read

2 mins

January 19, 2026

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