Business

NEW DELHI: Elon Musk’s Starlink on Monday announced inaugural prices for its satellite venture in India and, as expected, these were many times more than a regular high-speed broadband connection that is currently being provided by terrestrial providers such as Airtel and Reliance Jio.The company put a Rs 8,600 monthly tariff for its satcom services…

US President Donald Trump reignited tensions with Mexico, threatening to impose a 5% tariff on Mexico over an ongoing water-sharing dispute, accusing the neighbouring country of withholding supplies guaranteed under a decades-old treaty. Posting on his Truth Social account on Monday (local time), Trump said that he will raise duties on Mexican imports once again…

MUMBAI: Monday marked a global first for Indian financial markets as NSE along with Care Ratings launched the country’s first Past Risk and Return Verification Agency (PaRRVA), an independent entity that will validate performance claims in the securities markets. This agency will make it harder for unregistered finfluencers to hoodwink investors into falling for their…

BENGALURU: Ex-India captain Virat Kohli has invested Rs 40 crore in sports platform Agilitas Sports, co-founded by former Puma India MD Abhishek Ganguly. Agilitas is also acquiring One8, the sportswear brand co-created by Kohli, to fast-track its ambition of crafting India’s high-performance sportswear label.In April, Kohli ended his endorsement deal with Puma and has instead…

Mumbai: Larsen & Toubro will transfer its real estate business to L&T Realty Properties, a wholly owned subsidiary of the company, for Rs 6,297 crore as part of a restructuring effort. The decision was made at the Monday board meeting held in Muscat, Oman. The real estate business generated revenue of Rs 641 crore during…

NEW DELHI: Telecom regulator Trai and the department of telecom (DoT) are at loggerheads over fixation of satcom spectrum charges for the companies and other critical matters at a time when satcom players, such as Elon Musk’s Starlink and Sunil Mittal’s Bharti group-backed Eutelsat OneWeb wait for regulatory clarity before beginning commercial services in India,…

Elon Musk’s Starlink has set its Indian launch price at Rs 8,600 monthly, plus a Rs 34,000 hardware fee. This significantly exceeds current terrestrial broadband options like Airtel and Jio, which offer speeds up to 40MBPS for under Rs 500. Starlink promises unlimited data and 30-day trials, but service commencement hinges on government spectrum allocation….

New Delhi: After putting up consumer prices for its India satcom services on its website, Starlink withdrew them and blamed a “glitch” that briefly made “dummy test data” visible. “The Starlink India website is not live, service pricing for customers in India has not yet been announced, and we are not taking orders from customers…

As 2025 draws towards its end and December moves into its second week, banks across the country are gearing up for their final stretch of closures for the year. Throughout the month, branches in several regions will shut on different days to observe regional, cultural and other scheduled holidays. This week, starting December 8 to…

ICICI Prudential Asset Management Company on Monday set the price band for its much-awaited public issue, putting a valuation of about Rs 1.07 lakh crore on the fund house as it prepares to tap the capital markets later this week.The Rs 10,602-crore initial public offering will open for subscription on December 12 and close on…