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Airtel, Starlink tie up, challenge Jio

Mint Mumbai

|

March 12, 2025

Sunil Mittal-chaired Bharti Airtel Ltd has inked a pact with Elon Musk-backed Starlink to offer satellite internet services in India, raising the stakes in the battle with Mukesh Ambani's Reliance Jio Infocomm Ltd.

- Shouvik Das

Airtel, Starlink tie up, challenge Jio

SpaceX-owned Starlink's service will be marketed in India through Airtel. However, in its exchange filing on Tuesday, Airtel did not indicate the launch—it is a pre-emptive agreement between the two companies.

Airtel already has a joint venture agreement with UK-based satellite operator OneWeb. While OneWeb's infrastructure will be used to offer connectivity to enterprises, Starlink will provide services to consumers directly, two senior executives aware of the development at Airtel said.

Dubbed a 'battle of the billionaires', the impending launch of satellite internet in India has continued for nearly two years. Reliance Jio has written to the Centre multiple times seeking spectrum auction-a format that was abolished with the passing of Telecommunications Act, 2023.

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Deglobalization, derisking deregulation: Crack the 3D

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Foreign investors unfazed amid IPO wave

Foreign institutional investors (FII), who have been net sellers in India, have cut back on primary market investments, turning selective about initial public offering (IPOs) amid a wave of new share offerings.

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Infra.Mkt seeks Sebi consent for ₹5,500-cr public offer

Tiger Global-backed construction material supply firm Infra.Market has filed for an initial public offering (IPO) worth between ₹4,500 crore and ₹5,500 crore with market regulator Sebi using the confidential pre-filing route, market sources said on Wednesday.

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Centre, states mop up ₹1.89 tn GST in Sep

Central and state governments collected ₹1.89 trillion in goods and services tax (GST) before refunds in September, a robust 9.1% improvement over the year-ago period, official data showed on Wednesday.

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Capgemini India CEO to retire in Jan

Capgemini on Wednesday announced a leadership transition in India operations, with Ashwin Yardi set to retire as chief executive officer after seven years and assume the role of non-executive Chairman of the board, effective 1 January, 2026. Sanjay Chalke, currently chief operating officer (COO) for Capgemini in India, will succeed Yardi as the CEO and join the group executive committee on the same date, the company said in a statement.

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Chip firms dangle juicy offers to snap up top campus talent

Qualcomm, Micron, Nvidia, Texas Instruments, Sandisk, NXP, Marvell, Cadence Design, ARM and AMD have visited BITS for so-called very large-scale integration or VLSI roles covering chip design, verification, and physical implementation, Rao said.

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RSS AND ITS 100 YEARS OF SERVICE TO THE NATION

A hundred years ago, on the sacred occasion of Vijayadashami, the Rashtriya Swayamsevak Sangh was founded. This was not the creation of something entirely new. It was a newer manifestation of an ancient tradition, where India's eternal national consciousness expresses itself periodically, in different forms, to face the challenges of the times. In our times, the Sangh is the embodiment of that timeless national consciousness. It is the good fortune of our generation of swayamsevaks that we are witnessing the Sangh's centenary. To mark this glorious journey of a 100 years, the Government of India has released a special postage stamp and commemorative coin.

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Swift tells fans to expect bangers on new album

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RBI unveils flow to corp

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