Tata Consultancy Services will book a one-time exceptional charge of $70 million after the US Supreme ​Court rejected its appeal in a trade secrets ​case, bringing its total exposure in the matter ‌to $220 million, the firm said on Monday.

The US Supreme Court on June 15 let stand a $168 million damages award in favour of DXC Technology.

Sarvam AI, India’s full-stack sovereign artificial intelligence (AI) company, has become a unicorn after raising $234 million, or around ₹2,210 crore, in a Series B funding round.

The round was led by HCLTech and Bessemer Venture Partners, with participation from existing investors Khosla Ventures and Peak XV Partners.

Prime Minister Narendra Modi on Monday welcomed the understanding reached between the United States and Iran on ending the conflict in West Asia, and hoped the implementation of the pact will help restore peace in the region and ensure the freedom of navigation.

President Donald Trump has announced that the US and Iran have finalised a deal to end their 107-day war, which triggered a global energy crisis.

Finance Minister Nirmala Sitharaman on Monday indicated that there will be more steps to attract foreign capital into the Indian market, saying recent measures announced for the bond market were only the beginning of a broader effort to draw overseas investments.

Speaking at the Hero Mindmine Summit 2026, Sitharaman said the government recognised the need for greater foreign capital inflows and was working with the Reserve Bank of India (RBI) to ensure markets receive the required investments.

India’s apex alcoholic beverage industry bodies have urged the Telangana government to clear outstanding dues of about ₹3,700 core before implementing a new early-payment discount mechanism for liquor supplies.

In their joint letter, the Brewers Association of India (BAI), the International Spirits and Wines Association of India (ISWAI), and the Confederation of Indian Alcoholic Beverage Companies (CIABC), which collectively account for more than 80 per cent of the liquor.

Fintech major Razorpay has confidentially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO).

The size of the IPO is likely to be in the range of ₹5,000 crore to ₹6,000 crore.

The crisis in the Trinamool Congress deepened on Sunday as dissident MPs announced their merger with the little-known Nationalist Citizens Party of India and met Lok Sabha Speaker Om Birla seeking a separate seating arrangement in the House, even as TMC parliamentary party leader Abhishek Banerjee urged Birla not to accord any recognition to the breakaway faction.

The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began.

Full details of the deal were not immediately available. The signing will be Friday in Switzerland.

The Enforcement Directorate on Friday arrested two former executives of the Reliance Anil Ambani Group (RAAG) under the Prevention of Money Laundering Act (PMLA) in Mumbai, officials said.

The ED has taken transit remand of Sateesh Seth and Gautam Doshi, both of whom previously served as directors of Reliance Telecom Ltd., and is taking them to Delhi as the case is registered in the national capital, they said.

Prime Minister Narendra Modi on Saturday said the NDA government is strongly working towards youth-led development and one of the "defining features of the last 12 years" has been Indian youth's confidence in pursuing their aspirations.

Modi also said India's youth are making their mark across various sectors, from science and technology to manufacturing, space, semiconductors and drones.

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