BUSINESS
India needs more fabs, faster policy push to stay in the global chip race: Top industry bodies
Several global players are exploring direct investments or partnerships across the semiconductor equipment and supply chain and India should make the most of the opportunity, Ashok Chandak India Electronics and Semiconductor Association and SEMI India chairperson Ashok Chandak has said
BUSINESS
Sales hit by China's rare earth curbs, Indian audio electronic firms look to diversify supplier base
China accounts for over 90% of global dysprosium production, a rare earth metal used alongside neodymium to create high-performance magnets essential for audio electronics and other consumer devices
BUSINESS
DoT slashes telecom equipment evaluation fees by up to 95% to boost manufacturing, ease compliance
The new structure, effective August 1, is expected to significantly lower costs for manufacturers—particularly MSMEs—and accelerate the pace of product certification in India’s telecom sector.
BUSINESS
Wearable maker Boult rebrands to GOBOULT, plans global push and offline blitz ahead of IPO
The company has set an internal revenue target of Rs 1,000 crore in FY26, up from Rs 800 crore in FY25, and is pursuing aggressive expansion in retail, product design, and international markets as it gears up for its IPO in early 2027.
COMPANIES
Airtel launches sovereign cloud, AI software suit; signs pacts with global telcos
The newly launched Airtel Cloud, built entirely in India, is designed with telco-grade reliability and tailored to manage up to 140 crore transactions per minute
TELECOM
Dividend on hold as Indus Towers conserves cash amid evolving industry landscape, eyes inorganic bets
Indus attributed elevated capital expenditure during the quarter to new tower additions, maintenance of aging infrastructure, and replacement of older energy systems with lithium-ion batteries
BUSINESS
India's electronics industry gets two-week breather from US tariffs as Section 232 review is underway: Govt sources
Section 232 had earlier allowed smartphones, laptops, and semiconductors to remain exempt from a 10% baseline tariff imposed in April
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.
