Page 3 - Industry News

India's dealmaking broadens: 255 M&As worth $13.2 bn in Q3 of 2026

Deal volumes rose 7% from the previous quarter, while deal values fell 53% from $27.9 billion in Q2

Awaiting approval of Satcom services: Bharti Airtel's Sunil Bharti Mittal

Musk had alleged that 'certain oligarchs' were blocking Starlink to protect their monopoly in India, while Mittal said Eutelsat OneWeb also needs spectrum and security clearances

Manufacturing adds 1.4 million jobs as investment grows in FY25: Mospi

The latest ASI shows manufacturing employment crossing 21 million, with stronger investment, higher wages and continued growth in output and value addition

Power Ministry sets market-rate norms for transmission land compensation

RoW disputes have been a constraint on transmission-line construction, particularly projects meant to evacuate renewable energy

Air India to offer physical SIM, eSIM for passengers travelling abroad

The Air India-branded EasyRoam service, developed with Tata Communications, will offer voice and data connectivity through physical SIM cards and eSIMs for international travellers

Dashboards, drum jams and delivery convoys kick off India's shopping season

From Bengaluru to Kargil, Flipkart and Amazon race to deliver as online festive sales are projected to grow up to 29%

PM Modi calls for global framework to tackle cyber fraud, deepfakes

Speaking at India Mobile Congress 2026, Modi said digital crimes can span multiple countries and called on govts, tech firms, telecom operators and financial institutions to coordinate their response

Starlink's India entry: Why Musk's satellite internet launch is stalled

Elon Musk's Starlink has spent nearly five years preparing to enter India, securing key licences and building infrastructure, but its commercial satellite internet service is yet to launch

India targets 1 bn 5G users by 2030, aims to lead world in 6G: Scindia

Communications Minister Jyotiraditya Scindia said India's 5G user base has reached 550 mn, while the Bharat 6G Alliance has 90 institutions and 7,700 patents, including 4,400 international patents

Institutional investment in housing dips 39% mn in 9 months: Colliers

Institutional investment in office assets rose 46 per cent to $2.17 billion during January-September, while industrial and logistics investments grew 15 per cent to $371.9 mn, Colliers data showed

AI eats into entry-level tech jobs as India's graduates seek work

Banks and other global capability centres are automating routine tasks once handled by fresh graduates, intensifying competition for entry-level jobs in India's tech sector

Govt says satellite internet rules fair after Musk's Starlink bias claim

The government says all three licensed satellite communication providers are undergoing security assessments and must meet the same regulatory requirements before receiving spectrum

Cement makers step up green energy investments to cut costs, emissions

Cement companies are increasing green power capacity to lower energy costs and emissions, with major players expected to add nearly 50 per cent capacity by March 2028

Electric PV sales nearly double in September; e-two-wheeler sales rise 89%

EV penetration in passenger vehicles rises to 8.5 per cent as electric two-wheeler sales climb 88.7 per cent and established manufacturers capture more market growth.

Airtel launches free international roaming, hikes postpaid tariffs by ₹50

No 2 carrier follows Vodafone Idea that offered free international roaming on select plans

BPCL's ₹1 trn refinery project gets environmental clearance recommendation

The proposed 9 mtpa refinery and petrochemical complex near Ramayapatnam Port will come up on 5,200 acres and produce transportation fuels and petrochemicals

The age of electrostates: India faces a long road to electrification

The West Asia crisis has stoked an urgency to electrify. Climate-related disasters, too, are prompting countries to embrace clean power. But it's a story with no easy answers

Musk blames 'certain oligarchs' for delay in Starlink's entry into India

Musk alleges unnamed oligarchs are blocking Starlink's India entry, hours after a SpaceX executive said its infrastructure was ready and operations awaited official approvals

India's qcom market projected to touch $70-90 billion by FY31: Redseer

Redseer and Google expect the market to grow at a 41-48 per cent CAGR, with monthly transacting users crossing 100 million as non-metro adoption accelerates

Personal service transactions need no reporting under new forex rules

RBI to issue FAQ document to clarify reporting needs