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Chemical companies in India are making significant progress in establishing

MUMBAI: An IndiGo A321 aircraft, operating a flight from Bangkok,

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Chemical companies in India are making significant progress in establishing a comprehensive ecosystem for semiconductor manufacturing, which aligns with the nation’s ambition to become a global leader in advanced technology

Postponing or rescheduling the meeting is important because the US has imposed a significant 50% on Indian products. (AI image) India-US trade deal: As India looks at the possibility of

MUMBAI: An IndiGo A321 aircraft, operating a flight from Bangkok, suffered a tail strike when landing in Mumbai in heavy rains in the early hours of Saturday.IndiGo flight 6E1060 departed

Samsung is deepening its manufacturing footprint in India, highlighting the country’s importance in the global electronics supply chain.Union minister Ashwini Vaishnaw said on Saturday that the South Korean technology major

Prime Minister Narendra Modi is set to inaugurate two major National Highway projects in Delhi on Sunday, with a combined value of nearly Rs 11,000 crore. The inauguration marks a

India’s electronics exports have hit a major milestone, recording a sharp jump in the first quarter of the financial year 2025-26.Union commerce and industry minister Piyush Goyal announced on social

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JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Elon Musk’s Starlink issued Letter of Intent by Indian government for satcom services

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Elon Musk’s Starlink issued Letter of Intent by Indian government for satcom services
Earlier this year, Reliance Jio and Airtel sealed deals to distribute Starlink’s satellite internet services. (AI image)

Elon Musk-led Starlink has been issued a Letter of Intent by the Indian government for satcom services. SpaceX, established in 2002 by Elon Musk, the world’s wealthiest individual, has created Starlink, a satellite-based internet service. This American aerospace and space transport enterprise offers global high-speed internet connectivity with minimal delay through its satellite network.The Department of Telecom (DoT) has issued a Letter of Intent to Starlink, according to sources who spoke to PTI. Previously, the government granted licences to Eutelsat OneWeb and Jio Satellite Communications.Starlink operates differently from traditional satellite services that use geostationary satellites positioned far from Earth. Instead, it employs the largest low earth orbit (LEO) satellite network, situated 550 km above Earth.This extensive network, currently comprising 7,000 satellites and planned to expand beyond 40,000, functions as an interconnected system delivering internet service suitable for streaming, gaming, and video conferencing.It was reported yesterday that the approval process for Starlink satellite internet service is nearing completion, despite its complexity. “It is a little complicated issue (permit for Starlink). We have to look from multiple angles. Security is one of them. Definitely, since it is in the final stages, we will get back on that,” Union Minister Chandra Sekhar Pemmasani had said on Tuesday.Earlier this year, Reliance Jio, owned by Mukesh Ambani, and Airtel, led by Sunil Mittal, sealed deals to distribute Starlink’s satellite internet services across India and enhance their network coverage.Despite persistent efforts to obtain a satcom licence in India, Starlink’s application had been pending. Security agencies had expressed concerns and requested additional information regarding the service.The cost of satellite-based home internet connectivity significantly exceeds current fibre-optic solutions, with prices approximately ten times higher. Additionally, fibre-based broadband delivers superior speeds compared to satellite communication services.





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