Business
Air India among airlines skipping US airports over 5G safety dispute
Air India joined at least nine other international airlines that have modified or cancelled flights to the US amid conflicting reports on what new 5G cell phone services can do to critical airplane technologies.
Carriers are taking a variety of approaches to the spiraling crisis. Air India, Emirates, All Nippon Airways, Japan Airlines, Lufthansa and British Airways have announced changes to some of their flights.
Air India said it would suspend the service between Delhi and San Francisco, Chicago and JFK as well as a Mumbai to Newark flight. It will continue to fly into Washington Dulles.
Both ANA and Japan Airlines said they cancelled some flights scheduled to use Boeing 777 aircraft, but will operate some flights using Boeing 787s instead.
Emirates suspended flights into Boston, Chicago O’Hare, Dallas Fort Worth, George Bush Intercontinental in Houston, Miami, Newark, Orlando, San Francisco and Seattle.A
Emirates continued flying into New York’s John F. Kennedy airport, Los Angeles International and Washington Dulles.
Lufthansa cancelled a flight between Frankfurt and Miami and said it would swap Boeing 747-8 aircraft for 747-400s on flights from Frankfurt to Los Angeles, Chicago and San Francisco.
CNN Business quoted a British Airways spokesman that the airline “had to make a handful of cancellations” because a decision by telecom operators to delay activating the new 5G service at some locations didn’t cover all the airports the airline serves.
Virgin Atlantic and Air France-KLM said they had not cancelled any flights but were monitoring the situation.
Delta Air Lines said it is planning for the possibility of weather-related cancellations as early as Wednesday due to the new 5G service in the vicinity of dozens of US airports.
US air transport regulator, Federal Aviation Administration (FAA), has been concerned that the version of 5G that was scheduled to be switched on could interfere with some airplane instruments. Some aviation industry groups shared those fears. This is despite reassurances from federal telecom regulators and well as wireless carriers.
Specifically, the FAA has been worried that 5G cellular antennas near some airports – not air mobile devices – could throw off readings from some aircraft equipment designed to tell pilots how far they are from the ground.
The systems, radar altimeters, are used throughout a flight and are considered critical. (Radar altimeters differ from standard altimeters, which rely on air pressure readings and do not use radio signals to gauge altitude.)
In December, the FAA had forbidden pilots from using the potentially affected altimeters around airports where low-visibility conditions would otherwise require them.
That new rule could keep planes from getting to some airports in certain circumstances, because pilots would be unable to land using instruments alone.
“We are frustrated by the FAA’s inability to do what nearly 40 countries have done, which is to safely deploy 5G technology without disrupting aviation services, and we urge it to do so in a timely manner,” an AT&T spokesperson said.
Earlier this week, mobile carriers AT&T and Verizon agreed to pause the rollout of the new high-speed 5G wireless service near major airports.
The Biden administration welcomed the halt, saying this “will avoid potentially devastating disruptions to passenger travel, cargo operations, and our economic recovery, while allowing more than 90 per cent of wireless tower deployment to occur as scheduled.”
“While this is a positive development toward preventing widespread disruptions to flight operations, some flight restrictions may remain,” Delta said.
In a Tuesday letter, CEOs from some airlines told the Biden administration to push back the already-delayed rollout.
Airlines estimate 1,000 flight disruptions per day because of possible interference with radar altimeters that pilots use to land in low visibility conditions.
The telecom industry has not commented on the CEOs letter, but has said fears are unfounded since there have not been problems in other countries where 5G is already deployed.
According to a service map by the Federal Communications Commission (FCC), areas in California, Florida, New England, Texas and the midwest will gain 5G coverage. But aviation groups warn that it could jeopardize some of the largest airports, including in Los Angeles, New York and Houston.
The 5G signals will travel over radio frequencies that are collectively known as the C-Band. This band of airwaves is attractive to wireless carriers because it offers a good balance between cellular range and capacity – two key features of any wireless network. (Other sets of airwaves besides the C-Band are also used to carry 5G, but the current debate focuses on just the C-Band frequencies.)
On the spectrum of radio frequencies used for wireless communications, the C-Band sits right next to the band of frequencies used by the aircraft altimeters. The two are intentionally separated by a so-called guard band – essentially “blank” airwaves – to safeguard against interference.
To further address any aircraft risks, Verizon and AT&T have offered in November to limit the power of their 5G antennas and to take other precautionary measures.
But that hasn’t been enough to allay the concerns of the FAA, whose 11th-hour order would have “an enormous negative impact on the aviation industry,” the CEOs of Boeing and Airbus wrote in a letter Monday to the Department of Transportation.
The CEOs added: “We agree that 5G interference could adversely affect the ability of aircraft to safely operate.”
The letter cites an estimate published by the industry group Airlines for America, which predicts the FAA restrictions will disrupt 345,000 passenger flights, 32 million passengers and 5,400 cargo flights. The FAA’s own order estimates that 6,800 US airplanes could be affected by the plan, along with 1,800 helicopters.
Technology experts say that while 5G antennas could theoretically lead to interference around airports, the potential for interference is an ever-present feature of all wireless communications – not just 5G – and that so far regulators around the world have done a good job of handling it.
Business
India’s solar module manufacturing capacity set to touch 165 GW by March 2027

Mumbai, Nov 6: India’s solar photovoltaic module manufacturing capacity is projected to increase to over 165 GW by March 2027 — up from approximately 109 GW currently, a report said on Thursday.
The strong government support in the form of the approved list of models and manufacturers (ALMM), basic customs duty on imported cells and modules, and the production-linked incentive scheme drove the growth, the report from ratings agency ICRA said.
The report forecasts annual solar capacity installations at 45–50 gigawatt direct current (GWdc), while annual module production is expected to reach 60–65 GW, and this discrepancy may lead to a supply surplus, potentially prompting consolidation among smaller and pure-play module players.
The ALMM List-II for cells, effective June 2026, has encouraged OEMs to increase cell manufacturing to approximately 100 GW by December 2027, up from the current 17.9 GW listed under ALMM, the report noted.
Further, the recent imposition of US tariffs have redirected the supply from the export market to the domestic market, it noted.
However, the report anticipated that the vertically integrated manufacturers will benefit over the long term due to greater control over the supply chain.
Ankit Jain, Vice President and Co-Group Head-Corporate Ratings, ICRA, said that operating profitability for domestic solar OEMs at 25 per cent in FY25 is likely to moderate due to competitive pressures and overcapacity build-up.
As the ALMM requirement for solar cells is effective from June 2026, a significant scale-up in the cell manufacturing capacity along with its stabilisation in a timely manner remains critical in the near term, he added.
Dependence on China for wafers, ingots poses significant risks for the industry’s transition, given China’s dominance in global supply and the potential geopolitical restrictions for backward integration, the report noted.
Business
Centre throws open booth bookings for startups in ‘Waves Bazaar’ at IFFI Goa 2025

New Delhi, Nov 6: The Ministry of Information and Broadcasting has announced the opening of bookings for WaveX booths, the exclusive startup showcase zone in Waves Bazaar at the International Film Festival of India (IFFI), Goa 2025, according to an official statement issued on Thursday.
The initiative aims to provide a platform for emerging startups in the AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality) and entertainment sectors to connect with global industry leaders, investors, and production studios.
Scheduled from November 20-24 2025, ‘WAVES Bazar’ will be located in the vicinity of Film Bazaar, the prime networking hub of IFFI known for its dynamic participation from filmmakers, producers, and media professionals from across the world.
Each booth will be available at a nominal cost of Rs. 30,000 per stall on sharing basis. The facilities being provided to participating startups include two delegate passes, lunch and high tea, evening networking opportunity and direct visibility among global film, media and tech professionals, the statement said.
“Interested startups can register at wavex.wavesbazaar.com. Limited stalls are available, and allocation will be on a first-come, first-served basis,” the statement added.
WaveX is a national startup accelerator and incubation initiative of the Ministry of Information and Broadcasting dedicated to nurturing innovation and entrepreneurship in the AVGC-XR and media-tech ecosystem.
Through collaborations with leading academic, industry, and incubation networks, WaveX empowers creators and startups to scale their ventures, contributing to India’s growing creative economy.
The International Film Festival of India (IFFI), founded in 1952, is one of Asia’s most significant film festivals, celebrating excellence in world cinema and serving as a meeting ground for filmmakers, artists, and cine enthusiasts. Held annually in Goa, IFFI attracts participation from across the global film fraternity and acts as a catalyst for creative collaboration and opportunities.
The 56th edition of the International Film Festival of India (IFFI) is set to take place from 20th to 28th November 2025 in Panaji, Goa, the statement added.
Business
India Q2 FY26 earnings exceed expectations led by midcaps: Data
Mumbai, Nov 6: The FY26 earnings season in the second quarter (Q2) exceeded expectations, driven by strong midcap performance, despite some weakness in select smallcap pockets, industry data showed.
Brokerage Motilal Oswal Financial Services reported a 14 per cent year-on-year earnings rise among companies that have declared results so far, broadly in line with expectations.
Large-cap earnings rose 13 per cent, in line with the broader universe, while mid-caps again outperformed expectations with a 26 per cent surge, supported by technology, cement, metals, PSU banks, real estate and non-lending NBFCs.
Smallcaps lagged at 3 per cent growth as private banks, non-lending NBFCs, Technology, Retail and Media weighed on performance. Even so, 69 per cent of small-caps met or beat forecasts, compared with 84 per cent of largecaps and 77 per cent of mid-caps, the data showed.
Sectoral performance analysis showed that oil and gas and cement sectors showed highest sectoral gains as state-run fuel retailers led with a 79 per cent increase in profits, while cement profits surged by 147 per cent.
Along with these sectors, technology profits rose by 8 per cent, capital goods by 17 per cent, and metals by 7 per cent, collectively accounting over 80 per cent of incremental profit growth.
Earnings for 27 Nifty firms that have reported results increased by 5 percent year-on-year, driven by HDFC Bank, TCS, JSW Steel, and Infosys while Coal India, Axis Bank, HUL, Kotak Mahindra Bank and Eternal dragged performance. Seven Nifty constituents fell short of estimates, five exceeded forecasts, and 15 met expectations.
“Earnings upgrades outnumbered downgrades for the first time in several quarters, signalling a healthier market backdrop and improving confidence in India Inc.’s profitability trajectory,” the MOFSL report said.
While headline indices remain range-bound after a muted year, underlying fundamentals are improving — supported by moderating earnings cuts, diversified sectoral leadership, and robust midcap resilience, it added.
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