NEW DELHI: Spectrum for satellite connectivity in rural and hard-to-reach areas can be given on shared basis but when it comes to urban areas, regulator Trai and govt need to come out with a policy that “does not discriminate” against the terrestrial providers, Sunil Mittal, chairman of Bharti group, said on Friday.Satellite connectivity is indeed…
Tesla, under Elon Musk’s leadership, is reportedly seeking retail space and recruiting staff to sell vehicles in India. (AI image for representative purpose) Tesla India entry: India may introduce an on-tap facility process for electric vehicle manufacturing under the soon to be unveiled guidelines of the incentive programme announced in the previous year, according to…
NEW DELHI: Post Covid-19 pandemic, Japanese companies are eyeing India as a base as they adopt the ‘China Plus One’ strategy to diversify their manufacturing and supply chains to reduce dependence on China, experts from Deloitte said.The strategy involves establishing production facilities in alternative countries, with India emerging as a significant beneficiary.“Post-Covid, Japanese companies have…
Nirmala Sitharaman (Agencies photo) NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday advised industry to realign its supply chain factoring in political and strategic considerations to ensure that there was no concentration of risks, a statement that appeared to be aimed at China.“When you talk of supply chains, when you want to restore supply chains…
MUMBAI: New-age companies headed for public markets next year may have to temper their valuation expectations and reassess the timing of their IPOs as geopolitical uncertainties and other external factors risk weighing on broader investor sentiment. Zepto, PhysicsWallah and OfBusiness are among startups eyeing a public debut in 2025. Besides, public issues of companies like…