Having just lost a battle with Elon Musk over how India's satellite spectrum is awarded, Asia's richest man Mukesh Ambani could face a bigger challenge if Musk's Starlink launches services in India and the two go head-to-head on price.

The Indian government's decision to allocate spectrum for satellite broadband rather than auctioning brings Elon Musk's Starlink one step closer to launching in India.

Billionaires Elon Musk and Mukesh Ambani are at odds over a crucial decision shaping the future of satellite broadband in India, should satellite spectrum be auctioned or assigned administratively? This debate isn't just a clash between industry giants;