BUSINESS
Rupee slide, component costs to push up smartphone prices in 2026, demand may take a hit
Memory components, which accounts for 30–31% of the bill of materials in $100–200 devices, is expected to rise to 45–48% by Q1 next year as a weak rupee drives costs higher
TECHNOLOGY
Inside Apple’s metro playbook: Why iPhone-maker is doubling its stores in Delhi-NCR, Mumbai
Apple’s two-store strategy in Delhi-NCR and Mumbai marks a new phase in its India expansion
BUSINESS
Apple to open fifth India store in Noida on December 11; new Mumbai outlet next year
The next phase of growth reflects Apple's sustained commitment to India, with another store slated for Mumbai next year, senior vice president of retail and people Deirdre O’Brien tells Moneycontrol
BUSINESS
Apple’s deepening India ties evident in retail expansion and Make-in-India push: Deirdre O’Brien, SVP of Retail and People
“For the first time, all iPhone 17 models and the Air are being made in India — a reflection of our deepening relationship with the country,” O’Brien said, adding that the Noida opening comes amid a strong response to the latest iPhone series.
TELECOM
Telcos flag key compliance gaps in DPDP rules, seek SIM ease for older teens
COAI said restrictions that bar directors and key personnel from having any association with entities holding personal data may be overly stringent.
BUSINESS
Airtel MD warns of surge in digital fraud, pushes Airtel Payments Bank for daily UPI use
In a letter to subscribers, Airtel vice chairman and MD Gopal Vittal warned that digital scams have become "a part of our new normal", with fraudsters deploying increasingly inventive tactics—from fake parcel delivery alerts and reward links to threats of a "digital arrest".
BUSINESS
German, Japanese firms eye Syrma SGS’ new PCB plants amid supply-chain shift from China
Gujral said that cumulative investments of Rs 7,000–10,000 crore across new PCB facilities under ECMS 2.0 could help substitute 25–30% of India’s Rs 40,000-crore annual PCB import bill in the first phase.
BUSINESS
DoT spectrum allocation in spotlight as Airtel, Tejas trade charges over network interference
The interference is not linked to Tejas' equipment but to the limited guard band between the spectrum assigned to Airtel and BSNL, sources have said, countering Airtel’s claims of equipment-related issues in Rajasthan
BUSINESS
SK Hynix denies talks with Indian firms or states on chip packaging plant
The clarification comes after a report in The Economic Times claimed the world’s second-largest memory producer was exploring a partnership with Noida-based ASP Sealing Products for an ATMP (assembly, testing, marking and packaging) unit, likely centred on DDR5 memory.
BUSINESS
iPhone grey market exports: Crackdown begins as retailers warned against foreign SIM activations
The unprecedented alert comes as the latest iPhone 17 models virtually vanish from Indian shelves, their scarcity worsened by bulk diversion of units to high-margin destinations across Africa, the Middle East and Southeast Asia.
BUSINESS
Indian buyers hit as Apple slashes iPhone 17 cashback offer amid major supply crunch in India
The revised cashback structure will take effect from November 22, sources told Moneycontrol, adding that zero-cost EMI schemes will also undergo changes.
BUSINESS
Apple, Amazon, Meta, Intel urge TRAI to drop upper 6 GHz band from next spectrum auction
They cited early trials showing serious performance limitations, especially in uplink capacity and indoor reliability, arguing that these are critical to service quality and remain unresolved.
TELECOM
Amit Agrawal named new telecom secretary in major bureaucratic reshuffle; Neeraj Mittal shifted to petroleum ministry
Amit Agrawal, currently Secretary in the Department of Pharmaceuticals, has been named the new Telecom Secretary. Agrawal, a 1993-batch IAS officer from the Chhattisgarh cadre
TELECOM
TRAI orders BFSI sector to shift to ‘1600’ calling series by early 2026 to curb fraud
TRAI has now fixed a phase-wise migration schedule.
BUSINESS
IN-SPACe nears maiden venture fund investment, evaluates state bids for space clusters as international ties deepen: Pawan Goenka
IN-SPACe is currently reviewing manufacturing cluster proposals from multiple states, and is expanding international cooperation with Australia, Italy, Japan, the UAE and Singapore through joint investments and ventures, chairman Pawan Goenka tells Moneycontrol in an interview.
BUSINESS
Digital inclusion, not spectrum fees, will drive satcom value in India: Eutelsat-OneWeb
Neha Idnani, Eutelsat-OneWeb’s VP for APAC operations, said clear and predictable regulation was essential to unlock investments and scale satellite services in India.
COMPANIES
Xiaomi flags cash-flow risk as market share slides, $545 million remains frozen in India probes
India also stood out as the only major market to record a year-on-year decline in Q3, with Xiaomi’s share slipping 3.2% to 13.4%
BUSINESS
Apple expands AppleCare+ in India with theft-and-loss service and cheaper flexible plans
Customers can view available plans and purchase coverage for eligible devices directly via the Settings app on iPhone, iPad or Mac, with protection starting immediately after signup.
BUSINESS
Starlink, OneWeb technically ready for commercial launch: IN-SPACe chief Pawan Goenka
Goenka confirmed that three satcom companies Starlink, Eutelsat OneWeb and Jio-Ses combine have already received IN-SPACe authorisation, and security trials are underway
BUSINESS
iPhone craze deepens in India: Younger buyers, strong channels and manufacturing push to fuel multi-year double-digit growth
With iPhones already commanding an 9% volume share and a 28% value share in the Indian smartphone market, analysts say Apple's next leg of growth will come from deepening demand in Tier-2, Tier-3 and smaller cities.
TECHNOLOGY
Cyient gears up for $29-billion smart meter market with 40nm chip, eyes design scheme under ISM
A company executive said the next phase of India’s design schemes will be critical for accelerating homegrown silicon IP, even as Cyient remains open to acquisitions to fast-track capability expansion
BUSINESS
Govt working with industry for smartphone PLI 2.0, plans to indigenously design 30 chipsets for domestic, export needs: Ashwini Vaishnaw
Expanding on India’s semiconductor roadmap, Vaishnaw said the government is progressing with its plan to design and manufacture 30 strategic chipsets to meet domestic and export needs.
TECHNOLOGY
India must deepen electronics capabilities amid geopolitical turbulence: Ashwini Vaishnaw
Vaishnaw said India has moved beyond the assembly-first era and must now fortify the deeper capabilities required to stay competitive and withstand global disruptions
BUSINESS
Lava to enter UK market in early 2026, aims to take Made-in-India smartphones global
The United Kingdom will be Lava’s first major overseas market under its renewed global expansion strategy.
