Clear statement by tcs management regarding yesterday's perm filling it will have very limited to no impact on Indian companies. But news was blown out of proportion. Had one read tcs comments today they won't be surprised by IT index move .
PERM filings by some of these Indian IT majors had already fallen sharply.TCS &Wipro reported zero filings in 2025while Infosys was also at negligible levels depending on the filing dataset So while the headline is negative, the immediate financial impact may be more limited
The Indian government is currently withholding final approvals for ALL satellite internet providers due to pending security assessments & final spectrum allocation frameworks. Despite early approvals like GMPCS licences and IN-SPACe authorisations, no commercial services have been cleared to launch. The delay impacts three entities that hold early authorisations to operate in India:
1Starlink (SpaceX)
2Jio Satellite Communications (Reliance Industries)
3Eutelsat OneWeb (backed by Bharti Airtel)
Hello oligarch, where art thou?
PS : all information gathered via the very helpful Grok :-)
This is the White House going full on Modi after India refused to budge on Trade Deal. MEA & FM both cleared stance and now just like Bessent did on Russian Oil arbitrage last year, Elon is now naming Mukesh Ambani while fact is none of the players have so far got commercial license and security clearance.
Jio, One Web by Airtel and Starlink all are waiting in line. This sudden outburst of Elon against India is managed by White House. I would anyday trust Jio & Airtel over Starlink having my data and causing chaos just like it did in Iran & Ukraine in regime change ops. Americans are really pissed off with India.
🚨 Jio plans 1,600 satellites, 23 ground stations to expand connectivity across India
Remote villages, islands and border outposts are among the key focus areas.
More details 👇
https://t.co/gORfm7yXVU
Elon Musk crying loudly, US suspending the immigration for IT companies...
Desperation is everywhere...protests will intensify everywhere in India now...
Russia 100% tariffs next...?
Guys who don't even understand how Starlink works are lecturing about crony capitalism and cost of internet.
Avalon Technologies Ltd – LAND LEASE AGREEMENT EXECUTED
Execution of lease deed with SIPCOT for industrial unit:
- Executed lease deed with State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT)
- Purpose of lease is for setting up an industrial unit