India's Ministry of Communications rejected Elon Musk's accusation that Starlink is being unfairly blocked by unnamed 'oligarchs' to maintain monopolies. The ministry stated that Starlink and other satellite operators are at similar regulatory stages, undergoing security assessments before spectrum allocation. Despite regulatory approvals and partnerships with Reliance Jio and Bharti Airtel, Starlink has yet to launch commercial services in India, a market with over a billion internet users. The timing of Starlink's launch remains uncertain, but the company continues to adapt to India's regulatory requirements and aims to complement existing telecom networks rather than replace them.
Starlink's regulatory challenges in India provide context for technology sector trends. For readers following technology stocks, here is Pluang's market snapshot as of Oct 08, 2026 11:21 WIB: Of 150 priced US tech stocks, 54 rose and 93 fell. Notable movers include AXTI at USD 79.25 with a 5.72% drop, NBIS at USD 236.26 down 5.41%, and CORZ at USD 15.81 down 5.22%.
Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.28% ownership stake in Prologis Inc, amounting to 12,123,997 shares as of October 7, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, indicating significant interest ...
QAIX, a Quantum Computing & AI Alliance based in Manhattan, has opened its global membership program offering companies and tech leaders access to a global network, office spaces in major cities including New York, and resources from NVIDIA and IBM. ...
FLSmidth secured a DKK 360 million contract to supply advanced crushing and grinding equipment for a copper mine expansion in Northern Chile. The order includes the world's largest gyratory crusher, a large SAG mill, and three ball mills, with instal...
On October 8, 2026, Michelin repurchased 202,417 of its own ordinary shares at a weighted average price of €32.33 per share through over-the-counter transactions. The shares bought back are intended for cancellation, which can reduce the total number...
On October 8, 2026, Michelin executed a share buyback, purchasing 202,417 ordinary shares at a weighted average price of €32.33 per share. The shares were acquired through over-the-counter transactions involving several financial institutions and are...
