Starlink’s India Plans: What You Need to Know
Starlink, Elon Musk’s space internet-beaming venture, has begun hiring in India, marking a significant milestone in the company’s expansion plans. With thousands of satellites set to be launched across Earth’s orbit, Starlink aims to provide high-speed internet connectivity to even the remotest corners of the world.
Cognizant’s Potential IPO: A Homecoming of Sorts
Cognizant, the IT giant founded in India over three decades ago, is considering a local stock market listing. The company, which earns nearly $20 billion annually and employs about 250,000 people in India, may be looking at a partial homecoming. Analysts suggest that a domestic listing could help bridge the valuation gap between Cognizant and its peers, offering fairer valuation and exit opportunities for existing investors.
Skyroot’s Rocket Launch: A Landmark Moment for India’s Space Sector
Skyroot Aerospace, one of India’s most promising private space startups, is gearing up for its first-ever commercial launch within the next three months. This landmark moment for India’s space sector marks a significant shift towards private participation, with startups like Skyroot emerging as serious contenders. The company hopes to become a regular spacefarer in the not-so-distant future, with plans to launch multiple rockets and satellites in the coming years.
Boat’s Market Debut: A ₹1,500-Crore Sail
Boat, the Indian electronics brand, has filed revised papers for a ₹1,500-crore initial public offering (IPO). The company, known for its sharp marketing and brand power, is seeking public money to fund its expansion into new markets and product categories. With ₹500 crore set aside for this purpose, Boat is poised to make a significant impact in the Indian electronics market.
Conglomerate vs Big Tech: The Battle for Data Centre Supremacy
India’s top three conglomerates – Tata, Reliance, and Adani – have together outspent Big Tech on data centre projects this year, with a total investment of $28 billion versus $25 billion. This marks a fascinating new phase in the Indian tech landscape, with traditional industrial giants building the backbone of India’s digital infrastructure. As Sanchit Vir Gogia, the chief of Greyhound Research, notes, this is a utilities business, much like electricity or piped gas, and Big Tech is not just a rival, but also a customer.
For more information on Indian tech news, space sector updates, and data centre projects, visit our website.