Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Economic and trade cooperation remains a key pillar of India-Indonesia ties
India and Indonesia issued a joint statement on the State Visit by Prime Minister of India to Indonesia. Prime Minister Modi and President Prabowo held official bilateral talks on 7 July 2026 at Istana Merdeka, Jakarta. The official talks covered the full spectrum of bilateral relations, including political engagement, defence and security cooperation, maritime cooperation, trade and investment, digital economy, science and technology, space, critical minerals, energy, agriculture, health, pharma, education, culture, tourism, youth exchanges and people-to-people ties, in addition to regional and global developments of mutual interest. They also witnessed the exchange of a number of bilateral documents, aimed at further strengthening the India-Indonesia Comprehensive Strategic Partnership.
Reliance Jio, Amazon Leo spar over proposed satellite network framework
The framework creates a new category of companies that would operate satellite communication networks. Licensed telecom, satellite internet providers would then use this infrastructure to deliver satellite internet services. Jio has opposed granting spectrum rights to these infrastructure providers.
DoT retains backhaul spectrum pricing, rejects Trai's cut proposal
Telecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal for reduced, uniform charges. Despite Trai's argument for lower fees to boost network economics and service quality, the DoT has reinstated the existing, progressively higher fee structure. This decision will maintain a significant financial burden on companies expanding 4G and 5G networks amidst surging data demand.
Draft satcom spectrum rules: Govt proposes layers of security approvals, conditional consumer service
India draft rules require satcom firms like Starlink, Eutelsat OneWeb and Jio Satcom to obtain security clearance and central approval before using administratively assigned spectrum
Telcos face setback as DoT proposes not to cut backhaul spectrum charges
The draft rules did not include commercial satellite internet services in the non-auction spectrum assignment framework, further delaying the commercial rollout of satellite internet services by Starlink, OneWeb, Jio Satellite and Amazon Leo.
Kalyani Strategic Systems and Paramount unveils Simha 4x4 at Eurosatory 2026
Designed and engineered from inception as a highly adaptable, modular and mission-configurable platform, the Simha 4x4 armoured vehicle addresses one of the most pressing capability requirements facing modern armed forces - the need for a protected, highly mobile, multi-role vehicle able to operate across a broad spectrum of missions ranging from reconnaissance, internal security and border protection to special operations, command-and-control, troop transport and force protection. The Simha 4x4 has been developed in record time, while prioritising rigorous product validation and testing, using advanced digital platforms.
Bharti Airtel, Vodafone Idea get ₹10,500 crore-plus relief after Bombay HC verdict
Bharti Airtel and Vodafone Idea have quantified the financial impact of the Bombay High Court's ruling on one-time spectrum charges, with the order setting aside demands worth over ₹10,500 crore and directing the return of bank guarantees.
Vodafone Idea share price jumps over 3% after Bombay High Court relief on spectrum charges
Vodafone Idea share price has gained 30% in one month, and has rallied 47% in three months. The telecom stock has surged 36% in six months, while it has jumped 106% in one year.
Explained: Why Bharti Airtel, Vodafone Idea shares rallied up to 4% on Tuesday
Bharti Airtel and Vodafone Idea shares gained up to 4% after Bombay High Court quashed the government's one-time spectrum charge demands, providing a combined relief of Rs 20,000 crore to Vodafone Idea and Bharti Airtel. The court ruled the government lacked legal authority to issue the demand notices, annulling all actions taken under them and directing the return of bank guarantees.
Road safety tech plan hit by telcos-auto turf war
India's ambitious V2X deployment faces a major hurdle as telecom operators, tech firms, and auto bodies clash over control. Disagreements over licensing, spectrum, and mandatory testing threaten to delay the life-saving technology aimed at reducing road fatalities. Stakeholders are divided on how to best manage this critical road safety ecosystem.
HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda Idea
The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ruled the government could not retrospectively impose these charges for the period between 2008 and 2012. This decision removes significant financial uncertainty for the telecom sector. It creates a more supportive environment for future investments in India's telecommunications industry.
Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea
The Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of approximately Rs 20,000 crore to both companies. Bank guarantees submitted by the firms will be returned. All demand notices and orders concerning these charges have been set aside. The Supreme Court is still considering the matter.