CANADA TELECOMMUNICATIONS
Air India warns of US flight disruptions even as FAA lifts ground stop; other airlines issue updates
Air India and other airlines reported possible disruptions due to a recent FAA ground stop affecting all flights. The ground stop was implemented following communication outages at regional air traffic control centers across the country. Airlines, including United and Delta, resumed operations after the stoppage was lifted, advising passengers to check their flight status. Air Canada warned that its services would remain impacted into the following days.
UAE, Canada space firms in alliance as nations seek Starlink alternatives
Terrestar Solutions Inc. has entered into a partnership with Space42 Plc and Viasat Inc. to enhance mobile satellite connectivity. This collaboration aims to create an open standard for sharing satellite infrastructure globally. The parties signed a memorandum of understanding in Ottawa during an important diplomatic visit. Terrestar plans to develop a low-Earth orbit satellite system to improve coverage in underserved areas.
India eyes a $20 billion pot of gold in New Zealand as its trade pact goes live
The free trade agreement between India and New Zealand promises to promote trade and enhance professional movement. While some goods may enjoy duty-free status, a significant rise in merchandise exports might take time. However, New Zealand's engagement in several service sectors holds potential benefits for Indian companies. The agreement also opens up new job opportunities for Indian students and creates pathways for skilled professionals.
Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUs
Last week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of India and LIC, will be sold to Fairfax Financial Holdings Ltd. This decision is part of the ongoing privatisation programme aimed at modernising the Indian economy.
The $50-billion question: Who gets what as India and Canada aim to strike a trade deal?
India and Canada are currently negotiating a free trade agreement designed to enhance bilateral trade significantly. Nearly 300 Canadian business delegates are visiting India to advance these discussions. Both countries aim to increase two-way trade to $50 billion by 2030. Key focus areas include energy, critical minerals, and agriculture, alongside demands for improved market access. The negotiations have resumed after a brief pause, with optimism surrounding the outcome before December.
Fusion CX sets price band for Rs 702 crore IPO; issue opens on October 14
Fusion CX has set a price band of Rs 275–289 per share for its Rs 702 crore IPO, which will open on October 14 and close on October 16. The issue comprises a fresh issue worth Rs 500 crore and an offer for sale (OFS) of Rs 202 crore. Allotment is expected on October 19, with shares scheduled to list on the BSE and NSE on October 22, 2026.
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India, Canada begin fifth round of CEPA talks on October 5
India and Canada are set to hold the fifth round of negotiations for the Comprehensive Economic Partnership Agreement in October. These discussions aim to conclude the pact by the end of 2026, following previous rounds and negotiations. Canada's Trade Minister Maninder Sidhu is scheduled to visit New Delhi with a large business delegation later this month.
India, Canada to hold next round of talks from October 5 for proposed trade pact: Piyush Goyal
India-Canada CEPA negotiations are being fast-tracked, with the fifth round of talks scheduled to begin on October 5, Commerce Minister Piyush Goyal said. Both sides are targeting completion of the pact by the end of this year.
Stocks in news: Yes Bank, Vedanta, Groww, BHEL, Bharat Forge and NBCC
Indian equity markets closed lower on Tuesday, extending their monthly decline. Nifty50 reached a key support level, indicating a potential technical bounce. Several companies, including Yes Bank and Vedanta, are expected to be in focus. Bharat Forge and BHEL announced significant collaborations and joint ventures. Other firms reported regulatory updates and investment plans for future growth.
India, Canada begin next round of talks on proposed trade pact: Official
India and Canada have begun the fourth round of negotiations for a proposed Comprehensive Economic Partnership Agreement (CEPA), with both sides aiming to conclude the talks this year. The five-day negotiations in New Delhi will cover goods, services, rules of origin and technical trade barriers.
Canadian Pension Fund La Caisse buys 24% stake in Brookfield-backed Altius for ₹12,100 cr
Canadian investor La Caisse acquired a significant stake in Altius Telecom Infrastructure Trust. This investment totals approximately ₹12,100 crore, reflecting confidence in India's digital growth. Altius operates over 258,000 telecom towers, supporting mobile and 5G services nationwide. Brookfield will continue as the largest investor in the infrastructure platform. This deal highlights growing global interest in India's expanding digital infrastructure sector.
Sadhguru seeks permission to reach flash flood site near Tibet-Nepal border, 80 from Isha Foundation group missing
A devastating flash flood struck the Tibet-Nepal border region, causing widespread destruction. Seventy-seven members of an Isha Foundation pilgrimage group remain unaccounted for following the disaster. Officials report 165 bodies recovered, with many more missing on the Nepalese side. Rescue efforts are underway to locate survivors and restore essential infrastructure. The flood was triggered by a glacier collapse near the Lhende Khola.
India, Canada conclude third round of talks on proposed trade pact
India and Canada concluded their third CEPA negotiation round in Ottawa. Both nations aim to finalize this comprehensive economic partnership agreement this year. Discussions covered trade in goods, services, and intellectual property rights. Bilateral trade targets fifty billion US dollars by the year 2030. This agreement seeks to strengthen economic ties between the two countries.
India, Canada to hold next round of FTA talks in Ottawa in July
India and Canada will hold the next round of free trade agreement negotiations in Ottawa in July. Both nations are committed to a balanced and ambitious pact to boost bilateral trade. Key issues like goods, services, and intellectual property will be discussed. The goal is to increase trade to $50 billion by 2030.
Canada says network devices compromised in China-linked hack
The Canadian Centre for Cyber Security and the US Federal Bureau of Investigation urged Canadian organizations to take steps to harden their networks against the threat posed by Salt Typhoon, a group linked to the Chinese government, in a bulletin issued late on Friday.
Massive Bell Canada outage leaves over 130,000 users in the dark, is yours next?
On May 21, 2025, Bell Canada experienced a significant service disruption, impacting internet and mobile services for thousands of customers across Canada. Over 130,000 users reported issues, primarily in Ontario and Quebec. While Bell Canada acknowledged the outage and worked to restore services, the cause is still under investigation, highlighting the reliance on telecommunications.
Google and Facebook's concerns over online news law being addressed, says Canada
Canada's Online News Act, part of a global trend to make Internet giants pay for news, became law in June and is expected to come into effect in December. Facebook and Google will need to voluntarily negotiate deals with news publishers in Canada and pay a portion of their global revenues, based on a set calculation, according to the draft regulations.
UST expands offerings in the telecom space with acquisition of MobileComm
The company said that the acquisition of Dallas-based Mobilecomm and the integration of its over 1300 employees will significantly strengthen UST’s telecommunications practice and position the company to continue building upon its growth in this dynamic sector.
China condemns Canada's 'groundless' Huawei 5G ban
Canada's long-awaited move follows the United States and other key allies, and comes on the heels of a diplomatic row between Ottawa and Beijing over the detention of a senior Huawei executive on a US warrant, which has now been resolved.
Canada to ban Huawei/ZTE 5G equipment, joining Five Eyes allies
"We intend to exclude Huawei and ZTE from our 5G networks," Industry Minister Francois-Philippe Champagne told reporters in Ottawa. "Providers who already have this equipment installed will be required to cease its use and remove it under the plans we're announcing today."
Mike Pompeo calls Jio 'clean telco' for refusing to do business with Chinese firms
“The world's leading telecom operators – including Spain's Telefonica, as well as Orange, O2, Jio, Bell Canada, Telus, and Rogers, and many more – are becoming clean telcos... (They are) disconnecting from the Chinese Communist Party infrastructure,” Pompeo told reporters.
Reliance Communications gets a breather, tribunal sets next hearing over DoT notice for September 10
This effectively means that the Anil Ambani-owned telco will get one more month to furnish bank guarantees worth Rs 774 crore to telecom department, which led to the strife between the two parties.
Telecom companies sharpen their focus on M&A: EY
According to EY's 15th biannual Telecommunications Global Capital Confidence Barometer (CCB), sector convergence and advances in technology and digitalisation are altering the telecommunications landscape globally.
Tata Steel announces mining partnership with Quebec government
Tata Steel Minerals Canada is a joint venture established in October 2010 by the Indian firm and New Millennium Iron Corp, with the former owning 94 per cent.
Videocon offers calls to US and Canada at 10 paise per minute
Videocon Telecommunications Limited offered calling rates of 10 paise per minute to US and Canada for new and existing subscribers.
Tata Comm enters into strategic agreement with Videotron
Videotron will be able to grow their voice revenues while reducing capital commitments to traffic management platforms, back-office capabilities and next-gen IP networks.
Bell Canada may outsource jobs to India: news report
Bell Canada is looking for suitable vendors as part of outsourcing key voice-based projects for its internet, Solo Mobility, Bell Mobility and satellite TV divisions to India, said a report.
UAE to suspend Blackberry service
The UAE said it would halt Blackberry services until an "acceptable solution" is developed and applied.
Canada calls for stronger economic ties with India
Seeking stronger economic ties with India, Canada has announced that it would open two new trade offices in Hyderabad and Kolkata.
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