Reliance's letter is Ambani's last-ditch effort in an ongoing face-off with Musk over how India should grant spectrum for satellite services. While Reliance has called for an auction, India has sided with Musk who—in line with global trends—wanted an administrative allocation.
This story is from the November 16, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In


This story is from the November 16, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In

Exceptionally turbulent times
Joe Mulaney is an American writer, singer, and stand-up comedian. His song \"Likability\" has become very popular for reasons that people of my kind do not understand. It is stylish to be unlikable, and it is not just a song; it is playing out there day after day.
Pvt sector growth at 6-mth high: Flash PMI
Strong Showing Manufacturing PMI

Tesla's Hunt for India Factory Site Takes It to Andhra
State has likely offered pre-acquired land at three potential locations

Gold Set for Eighth Weekly Gain on Safe-Haven Demand
Gold held near a record – on pace for an eighth straight weekly advance – on increasing haven demand fueled by geopolitical and trade tensions, as well as concerns about the economic outlook.
Biz leaders call for AI localisation
With artificial intelligence (AI) picking up pace, corporate leaders stressed the need for its localisation in India.
Trai for cut in authorisation fees for DTH, radio services
Calls for interoperable STBS, infra sharing between broadcasters and telcos
Amfi launches SIP for students
The Association of Mutual Funds in India (Amfi) has announced three new initiatives on Friday aimed at expanding the mutual fund (MF) investor base. These initiatives include the \"sachetisation\" of MFs, Tarun Yojana, and MITRA Investment Mutual Fund Tracing and Retrieval Assistant.
Netanyahu Decries Release of Wrong Body, Terms Violation Cruel
Israeli Prime Minister Benjamin Netanyahu vowed revenge Friday for what he described as a \"cruel and malicious violation\" of the cease-fire agreement after a body that Hamas released as part of the deal was found to not be that of an Israeli mother of two young boys, as the militants had promised.

Repo Rate One Of Many Factors To Revive Growth
After a gap of almost five years, the Reserve Bank of India's (RBI's) monetary policy committee (MPC) lowered the policy repo rate during the February meeting. MPC member NAGESH KUMAR discusses the rate cut rationale and the future rate trajectory in an email interview with Manojit Saha. Edited excerpts:

Walmart leverages from Flipkart sales timing
Announcing the results for the fourth quarter of FY25, global retail giant Walmart said the company's international business benefited from the change in schedule of Flipkart's Big Billion Days (BBD) sale.