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With DoT approval, Starlink to begin infra investments

Financial Express Chennai

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May 09, 2025

The Next Steps

- URVI MALVANIA

FOLLOWING THE RECEIPT of a letter of intent (LoI) from the department of telecommunications (DoT), SpaceX — the parent company of satellite internet provider Starlink — is set to begin the process of investing in satellite communication (satcom) infrastructure in India, sources said.

With the LoI secured, SpaceX is now authorised to start building ground infrastructure, including earth stations and gateways — critical components that support satellite-based broadband services. These facilities serve as communication hubs, linking Starlink's orbiting satellites with the terrestrial internet backbone to deliver high-speed connectivity across vast areas, particularly in remote and underserved regions.

Financial Express Chennai'den DAHA FAZLA HİKAYE

Financial Express Chennai

Ecologist Madhav Gadgil, champion of Western Ghats conservation, dies

ITWAS THOSE bird-watching walks on Vetal Tekdi (Hill) in Pune at a young age, encouraged by his economist father, that made him fall in love with the Western Ghats.

time to read

2 mins

January 09, 2026

Financial Express Chennai

India, Germany close to $8-bn submarine deal

INDIA AND GERMANY are hammering out the details of a submarine manufacturing deal worth at least $8 billion — the largest-ever defence agreement for New Delhi — according to officials with direct knowledge of the details.

time to read

2 mins

January 09, 2026

Financial Express Chennai

Compliance burden for AMCs managing SIFs gets heavier

SEBI ON THURSDAY came out with a compliance reporting format to bring uniformity in the way specialised investment funds (SIFs) are reported by mutual funds and asset management companies (AMCs).

time to read

1 min

January 09, 2026

Financial Express Chennai

US court orders Vembu to furnish $1.7-bn bond in divorce case

A CALIFORNIA COURT, hearing the divorce petition of Zoho co-founder and chief scientist Sridhar Vembu, has directed him to submit a bond of $1.7 billion, citing concerns over post-petition asset transfers and their potential impact on the division of marital property.

time to read

1 min

January 09, 2026

Financial Express Chennai

Large-caps will offer attractive risk-reward this year

With the valuation gap between large-cap and mid- and small-caps being at a two- decade high, the former have become meaningfully cheaper. George Heber Joseph, Chief Investment Officer and Chief Executive Officer -Equity at ASK Investment Managers tells Ananya Grover that such divergences have created attractive entry points for large- cap investing. Excerpts:

time to read

2 mins

January 09, 2026

Financial Express Chennai

2025 reset cooperation priorities

FfD4, COP30, and the G20 were opportunities for India to show its prowess for multilateral negotiations, while rejuvenating its domestic stance on tax policy

time to read

3 mins

January 09, 2026

Financial Express Chennai

Sensex down 1.6K pts in four days

THE DROP CAME despite the first advance estimates for FY26 GDP signalling robust growth, supported by a manufacturing rebound and a resilient services sector.

time to read

2 mins

January 09, 2026

Financial Express Chennai

RBI's rupee playbook: Curb excess volatility

IN THE PAST month, the Reserve Bank of India's (RBI) intervention in the foreign exchange market to protect the rupee from going into a free fall is being seen by experts as an attempt to manage excess volatility spurred by speculative action, instead of being target-based.

time to read

3 mins

January 09, 2026

Financial Express Chennai

IT deal activity picks up pace

SHIFT REFLECTS ADOPTION OF AI ACROSS ENTERPRISE CLIENTS

time to read

2 mins

January 09, 2026

Financial Express Chennai

Capex loan releases to states reach ₹83,595 cr

THE CENTRE HAS disbursed ₹83,595 crore 50-year interest-free loans for capital expenditure by states so far this financial year, achieving about 56% of the annual target of ₹1.5 lakh crore.

time to read

1 min

January 09, 2026

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