BUSINESS
India finalises framework for satellite spectrum, gateways to support satcom rollout: Telecom Minister
This move is expected to significantly boost rural and remote connectivity, aligning with the government’s broader digital inclusion goals.
BUSINESS
Indus Towers’ Q1 profit slumps 9.8% despite Vodafone Idea payments
The passive infrastructure company, now a Bharti Airtel subsidiary, posted a 9.1 percent revenue growth to Rs 8,058 crore, but total expenses jumped 29.2 percent
BUSINESS
Trump’s tariff threat clouds Apple’s India push, though electronics exports remain exempt for now
Some of India’s top exports to the US, including electronics, pharmaceuticals, and petroleum products, are, for now, exempt from the proposed tariffs.
BUSINESS
Jio, Airtel drive subscriber gains in big cities in June: Jefferies
Market leader Jio added 2.4 million active users, while Airtel added 1.2 million. Vodafone Idea (Vi), however, lost 0.2 million active subscribers in June, its 19th consecutive month of decline. Overall, the telecom industry added 2.7 million active users in the month, following a stronger 7.3 million gain in May.
BUSINESS
Over 1.36 crore mobile numbers disconnected to curb telecom fraud, spoof calls down 97%: Minister Scindia
Based on inputs from various tools, the DoT has already blocked 5.5 lakh handsets, deactivated 20,000 bulk SMS senders, and delinked nearly 24 lakh suspicious WhatsApp accounts.
BUSINESS
Digital industry slams telecom cybersecurity rules for overreach, cost burden and privacy risks
Stakeholders have called on the Department of Telecommunications (DoT) to pause and re-evaluate the proposed rules, conduct broader stakeholder consultations, and align the framework with existing laws and global best practice
BUSINESS
Qualcomm bats for policy backing for connected tech, sees India driving next phase of growth
Betting on India’s digital transformation and growing appetite for smart vehicles, Qualcomm is doubling down on the country’s automotive market, seeing it as a hub of next-generation innovation
BUSINESS
Indian smartphone market rebounds in June quarter, iPhone 16 most-shipped device
Apple’s iPhone 16 emerged as the most-shipped device, driven by extended EMIs, retail promotions, and improved channel execution. Apple recorded its best-ever Q2 shipments in India
BUSINESS
Apple-led shift makes India largest smartphone exporter to US, pipping China
India-assembled smartphones made up 44% of US imports in the June quarter as China’s share plunged to 25% from 61% in the year-ago period
COMPANIES
BSNL rules out tariff hike, aims to gradually phase out Chinese equipment
The government also plans to replace aging Chinese equipment powering BSNL’s legacy 2G and 3G networks with indigenous 4G infrastructure
INDIA
Why Starlink won't be a threat to major telcos despite competitive monthly plans
The Elon Musk-led firm's monthly plan is likely to cost approximately Rs 3,000 per month, with an upfront additional hardware cost of Rs 30,000
BUSINESS
Tamil Nadu aims to be Apple’s preferred hub, SpaceX challenger and India’s R&D powerhouse: TRB Rajaa
In an interview to Moneycontrol, industries minister TRB Rajaa talks about the state's push to become an innovation-led economy through deeper R&D investment, a product-first policy for startups and strategic support for high-tech sectors
BUSINESS
Samsung’s Rs 1,000 cr fresh investment shows confidence in Tamil Nadu despite strike incident: Minister Rajaa
In an exclusive interview with Moneycontrol, Rajaa downplayed the strike incident earlier this year, calling it a one-off situation that was resolved through dialogue among the government, industry, and workers.
BUSINESS
Apple suppliers flock to Tamil Nadu as state emerges key hub for electronics component manufacturing
The state introduced the Tamil Nadu Electronics Components Manufacturing Scheme in April to further boost electronic component production.
BUSINESS
CG Power says OSAT project ahead of schedule; mini facility to go live this quarter
The main plant will begin production in FY27 is expected. The company is funding the semiconductor foray from the proceeds of its recent QIP and is also evaluating potential acquisitions
BUSINESS
Xiaomi sub-brand Poco India chief Himanshu Tandon quits, likely to join rival Nothing
The exit comes as Xiaomi grapples with shrinking market share and falling smartphone shipments, even as Poco has emerged as a bright spot in recent quarters
BUSINESS
Realme reboots brand strategy in India with leaner lineup, says premium transition will take 3 years
Realme expects its Number series, including the new Realme 15, to drive volumes through the year. The 15 series, he said, is developed first for India with software and AI features meant for Indian consumers.
BUSINESS
India-UK FTA set to boost LED TVs, small appliance exports, Dixon eyes UK push
While smartphones already enjoy zero duty access under the existing ITA-1 framework, the new agreement could benefit several other electronics and component categories.
BUSINESS
New draft telecom policy eyes universal 4G coverage, 1 million new jobs, 100 million home broadband by 2030
Open for public consultation, the draft policy lays out a roadmap focused on aggressive infrastructure expansion, deep localization of telecom manufacturing, a massive skilling push, and environmentally sustainable development.
BUSINESS
India’s mobile phone exports jump 11,950% To $24.1 billion backed by rising domestic value addition hits: CDS Study
Alongside thisexport boom, domestic value addition in mobile production has risen sharply to 23%, reflecting a deeper integration of local industry into the global supply chain.
TECHNOLOGY
Dixon expects swift clearance for China JVs, to file new component applications next week
This comes as the company ramps up efforts to expand its component manufacturing capabilities and build a resilient, vertically integrated supply chain
BUSINESS
TRAI, RBI launch pilot for digital consent to curb spam calls, banks and telcos onboard
The pilot, seen as a critical tool in the fight against spam and fraud, includes major banks such as SBI, ICICI, HDFC, Axis Bank, PNB, Canara Bank, and Kotak Mahindra Bank, along with leading telecom service providers.
TECHNOLOGY
Apple’s AirPods production in India hits China-caused snag, Vietnamese makers stand to gain: Sources
The slowdown stems from a shortage of dysprosium — a key rare earth metal used in high-performance magnets essential for AirPods' compact speakers and haptic components
TECHNOLOGY
Apple iPhone sales in India set to blow past $12-bn mark in 2025, maintains premium market lead
The growth underscores Apple’s deepening market penetration and an increasingly localised India strategy
