Today: 12 April 2026
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NSE:RELIANCE 15 May 2025 - 21 June 2025

India Grants License to Starlink: A New Era for Satellite Internet Connectivity

India Grants License to Starlink: A New Era for Satellite Internet Connectivity

India’s Department of Telecommunications granted Starlink a GMPCS license in June 2025, making it the country’s third satellite broadband provider after Eutelsat OneWeb and Reliance Jio. Starlink plans to launch services by August, focusing on rural and remote regions, with hardware priced at ₹33,000 and monthly plans at ₹3,000. The rollout will require local gateways, data storage, and security trials. Airtel and Jio signed distribution deals with SpaceX in March.
Why Starlink Keeps Hitting Red Tape Around the World

Why Starlink Keeps Hitting Red Tape Around the World

By late 2024, Starlink operated about 7,000 satellites, controlling nearly two-thirds of all active satellites. In May 2025, India granted Starlink a Letter of Intent with strict security and compliance conditions. Russia barred Starlink in February 2024, while China has not licensed the service and is drafting censorship rules. In September 2024, Brazil’s Supreme Court ordered Starlink to block access to X, with license threats enforced within a day.

Stock Market Today

  • Groupon Price Target Cut by 21.55% to €20.96 Amid Declining Institutional Ownership
    April 11, 2026, 10:57 PM EDT. Groupon's (WBAG:GRP2) average one-year price target was reduced by 21.55% to €20.96, down from €26.72 on February 23, 2026. Despite the decrease, the target remains 113.58% above the recent closing price of €9.82. Analyst estimates vary widely, ranging from €8.90 to €37.00 per share. Institutional ownership fell by 4.92% over three months, with total shares held at 36.8 million. The number of funds owning shares dropped by 51.06%, though the average portfolio weight increased by 67.19%. Notably, Pale Fire Capital SE maintained a 24.99% stake. UBS Group and Garnet Equity Capital Holdings both reduced their portfolio allocations significantly. The data comes from Fintel, a platform tracking fund sentiment and ownership trends.

Latest article

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

11 April 2026
Lockheed Martin said it is not in direct talks with India over the F-35, clarifying that any approach must go through official U.S. and Indian channels under the Foreign Military Sales process. Indian officials confirmed no formal discussions on acquiring the F-35 have begun. India recently approved a $40 billion military upgrade, including other fighter jets, while Lockheed’s F-21 remains in a separate competition.
Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

11 April 2026
Snowflake shares fell 8.4% to $121.11 on Friday after an 11.7% drop Thursday, as investors sold off software stocks amid concerns over new AI tools from Anthropic and OpenAI. The stock now trades just above its 52-week low. The S&P 500 Software and Services Index is down 25.5% for the year. Snowflake reported fourth-quarter product revenue of $1.23 billion, up 30% from a year earlier.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 11.04.2026

11 April 2026
LIVEMarkets rolling coverageStarted: April 11, 2026, 12:00 AM EDTUpdated: April 11, 2026, 11:09 PM EDT Groupon Price Target Cut by 21.55% to €20.96 Amid Declining Institutional Ownership April 11, 2026, 10:57 PM EDT. Groupon's (WBAG:GRP2) average one-year price target was reduced by 21.55% to €20.96, down from €26.72 on February 23, 2026. Despite the decrease, the target remains 113.58% above the recent closing price of €9.82. Analyst estimates vary widely, ranging from €8.90 to €37.00 per share. Institutional ownership fell by 4.92% over three months, with total shares held at 36.8 million. The number of funds owning shares dropped by
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