Bharat Innovates 2026: IIT Madras, IITM Global sign MoUs worth nearly $100 million

IANS | June 16, 2026 3:42 PM

New Delhi, June 16 (IANS) The Indian Institute of Technology Madras (IIT Madras) and IITM Global exchanged seven commercial memoranda of understanding and two institutional MoUs on the first day of Bharat Innovates 2026 in Nice, France, that are expected to unlock nearly $100 million in value creation, a statement said on Tuesday.

Bharat Innovates 2026 secures $254.5 million funding commitments on Day 2

IANS | June 16, 2026 2:50 PM

New Delhi, June 16 (IANS) The ongoing three-day event Bharat Innovates 2026 facilitated funding commitments and advanced-stage investments worth approximately $254.5 million while generating strong investor interest in Indian DeepTech startups during the second day of the summit, according to an official statement issued on Tuesday.

How EU-India FTA opens new doors to boost trade

IANS | June 16, 2026 1:45 PM

New Delhi, June 16 (IANS) Prime Minister Narendra Modi’s recent four-nation tour of Europe, aimed partly at consolidating strategic relations with key European partners amid the changing geopolitical and trading landscape, has a greater significance in terms of diversifying India’s external economic engagement with access to wider markets, according to a new report.

Adani's Navi Mumbai, Guwahati Airports earn global honour for design and sustainability

IANS | June 16, 2026 1:39 PM

Mumbai, June 16 (IANS) Adani Airport Holdings Limited (AAHL) has strengthened its position as a leading airport infrastructure developer after two of its airports were featured in the prestigious Prix Versailles World’s Most Beautiful Airports List 2026, highlighting the company’s focus on creating globally benchmarked aviation hubs that contribute to economic growth, tourism and regional development.

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.