TCS faces $70 million exceptional expense after setback in US legal dispute

IANS | June 16, 2026 11:43 AM

New Delhi, June 16 (IANS) IT services major Tata Consultancy Services (TCS) on Tuesday said it will make an additional provision of $70 million towards damages, interest and legal costs after the United States Supreme Court declined to review a lower court judgment in its long-running legal dispute with Computer Sciences Corporation (CSC) -- now known as DXC Technology.

SpaceX shares climb above $220, nears Microsoft in market capitalisation

IANS | June 16, 2026 10:55 AM

New Delhi, June 16 (IANS) Shares of Elon Musk-backed space and satellite company SpaceX continued their remarkable post-listing rally, with the stock trading above $220 in overnight trading and pushing the company's market capitalisation close to tech giant Microsoft, a market commentary platform said on Tuesday.

Centre hikes windfall tax on diesel, ATF exports

IANS | June 16, 2026 9:20 AM

New Delhi, June 16 (IANS) The government has raised windfall gains tax on diesel and aviation turbine fuel (ATF) exports, while keeping the levy on petrol unchanged for the fortnight starting Tuesday.

Adani’s Navi Mumbai and Guwahati airports named among ‘World’s Most Beautiful Airports 2026’

IANS | June 15, 2026 7:26 PM

Mumbai, June 15 (IANS) Adani Airport Holdings Ltd (AAHL) on Monday announced that it has achieved global recognition after two of its airport projects -- the Navi Mumbai International Airport and the new Terminal 2 of Lokapriya Gopinath Bordoloi International Airport in Guwahati -- were named among the ‘World’s Most Beautiful Airports 2026’ by the prestigious Prix Versailles architecture and design awards.

Technology key pillar of India-Slovakia partnership: PM Modi

IANS | June 15, 2026 6:28 PM

Bratislava, June 15 (IANS) Prime Minister Narendra Modi and his Slovakian counterpart Robert Fico on Monday agreed to strengthen cooperation for protection of critical information infrastructure and preventing and countering cybercrime, while promoting an open, secure, accessible, stable, interoperable, resilient and peaceful digital space.

PMAY, JJM, Ujjwala among schemes powering 'ease of living' over 12 years

IANS | June 15, 2026 5:08 PM

New Delhi, June 15 (IANS) India’s journey over the past twelve years has been marked by a decisive transformation in governance and living standards, describing it as a shift toward 'ease of living' driven by large-scale welfare programmes, infrastructure expansion and structural reforms, according to an official statement on Monday.