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Musk's Starlink to vie with Indian telcos in FWA space

Business Standard

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March 12, 2025

Elon Musk's decision to tie up with Airtel to distribute and market satellite broadband Starlink could bring Musk in a headlong battle with Reliance Jio.

- SURAJEET DAS GUPTA

Musk's Starlink to vie with Indian telcos in FWA space

The Mukesh Ambani-led company is rolling out a mega plan to reach over 100 million homes with fixed wireless access (FWA) broadband.

However, Musk's Starlink will still need permission from the Ministry of Home Affairs and also have to buy spectrum administratively before it can offer services to Indian customers.

The Telecom Regulatory Authority of India's (Trai's) recommendations on how it will be done are awaited.

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Low steel prices put ₹9 trn expansion plan at risk: Steel secy

India's steel industry is facing stress as five-year low prices have forced around 150 small producers to shut down operations and 50 more to cut output by half, raising concerns over the sector's ability to invest 9 trillion required for funding its next phase of capacity expansion, said steel ministry Secretary Sandeep Poundrik on Tuesday.

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November 05, 2025

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Europe winter travel costs for Indians dip 40%

With Europe being a prominent destination for Indians during the long winter holidays, this year's travel costs are down by up to 40 per cent for the November-February period, according to travel firm Cox and Kings.

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1 min

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Consolidated profit up 84%

The financial results for the September quarter showed a strong rise in net profit, boosted by a one-time gain.

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Industry wheels slow down, await workhorses from Bihar

More than 74 million voters are set to cast their vote in Bihar’s Assembly elections on November 6 and 11.

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Adani Enterprises to raise up to ₹25K cr via rights issue

Fundraise to push growth across airports, data centres, green energy, roads

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2 mins

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Yono 2.0 launch likely by Dec-end

State Bank of India is likely to launch its upgraded version of mobile banking app Yono 2.0 by the end of December. The new version will be capable of handling 200 million customers, said SBI Chairman C S Setty.

time to read

1 min

November 05, 2025

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ChrysCapital closes record $2.2 billion fundraise

ChrysCapital, India’s largest homegrown private equity firm, has closed its 10th fund — ChrysCapital X — at $2.2 billion, the biggest India-focused private equity fund ever raised.

time to read

2 mins

November 05, 2025

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Mehli Mistry sends out truce signals to Tata Trusts

Within days of filing a caveat with the Maharashtra Charity Commissioner that he should be heard before being ousted as a Tata Trusts trustee, Mehli Mistry has sent out truce signals.

time to read

3 mins

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Billionaire who became synonymous with India's rise on global stage

London-based billionaire Gopichand Parmanand Hinduja, one of the principal patriarchs of the Hinduja group and a central architect of its global expansion, has passed away following a prolonged illness. He was 85.

time to read

2 mins

November 05, 2025

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