HCLTech Bets Big on Next-Gen Telecom with HPE Deal
HCL Technologies has made a decisive move to strengthen its position in the global telecom ecosystem by acquiring the Telco Solutions division of Hewlett Packard Enterprise for up to $160 million. Structured as an all-cash asset carve-out, the acquisition signals HCLTech’s ambition to play a deeper role in next-generation telecom technologies such as 5G, cloud-native networks, and software-defined infrastructure. The deal allows HCLTech to absorb specialised talent, intellectual property, and long-standing client relationships from HPE. At a time when telecom operators worldwide are modernising networks, this acquisition positions HCLTech as a stronger end-to-end services partner in the communications space.
Starlink Sets Up First North India Office in Strategic Delhi Hub
Elon Musk-backed Starlink has quietly but significantly advanced its India strategy by leasing its first office space in North India. The company has secured a 50-seater managed workspace at the World Trade Center in Nauroji Nagar, New Delhi—a location known for housing global corporations and being close to policymakers. This move underscores Starlink’s intent to engage more closely with regulators and institutional stakeholders as it works towards launching satellite broadband services in India. While commercial operations are yet to begin, the Delhi office marks a critical operational milestone, signalling that Starlink is laying serious groundwork for India’s vast and underserved internet market.
Coinbase Gets Regulatory Nod for CoinDCX Investment
Global crypto exchange Coinbase has received a key regulatory clearance in India, with the Competition Commission approving its proposal to acquire a minority stake in DCX Global, the parent entity of CoinDCX. The investment, announced earlier this year, values CoinDCX at a post-money valuation of $2.45 billion, reaffirming its position among India’s most valuable crypto startups. The approval marks a rare positive regulatory signal for the crypto sector, which has faced uncertainty in recent years. For Coinbase, the deal offers strategic exposure to India’s fast-growing digital asset ecosystem without full-scale market entry risks.
Apple Explores Chip Assembly and Packaging in India
Apple is reportedly in early discussions with select Indian semiconductor firms to explore assembly and packaging of iPhone components in the country. If realised, this would be Apple’s first move towards localising advanced chip-related processes in India—beyond final device assembly. Though still exploratory, the talks highlight Apple’s push to diversify its supply chain and reduce dependence on traditional East Asian hubs. For India, this could be a crucial step in moving up the electronics value chain, aligning with ambitions to become a global semiconductor manufacturing and services hub rather than just an assembly destination.
Karan Johar and Bunty Sajdeh End Professional Partnership
Filmmaker Karan Johar has announced the end of his professional association with Bunty Sajdeh at Dharma Cornerstone Agency, marking a notable shift in Bollywood’s talent management landscape. The separation comes amid broader restructuring at Dharma Productions following the reported sale of a 50% stake to Adar Poonawalla. Johar has emphasised that the split is amicable and purely professional, but it signals a recalibration of Dharma’s business priorities. As Indian entertainment companies increasingly adopt corporate structures, this move reflects the evolving intersection of creativity, talent management, and large-scale capital in the film industry.
Bhavish Aggarwal’s ₹92 Cr Share Sale Raises Governance Questions
Ola Electric founder Bhavish Aggarwal’s sale of shares worth ₹92 crore has drawn investor attention at a sensitive time for the company’s stock. According to NSE bulk deal data, Aggarwal sold 2.6 crore shares at an average price of ₹34.99, reducing his holding from a previously disclosed 30.02%. While the company maintains that the sale was a strategic clean-up of pledged and encumbered shares, the move has reignited concerns around promoter confidence and governance. With a significant portion of Aggarwal’s stake earlier pledged or locked in, the transaction could help improve balance-sheet optics—if followed by sustained operational performance.
