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TCS To Take $70 Million Exceptional Charge In Q1FY27 After US Supreme Court Rejects Appeal In DXC Suit
The case dates back to a suit originally filed by Computer Sciences Corporation, which later merged into DXC Technology. TCS had first disclosed the matter to exchanges in June 2024, with a subsequent update in November 2025.
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitration
The Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier orders from the National Company Law Tribunal and Appellate Tribunal. The case concerns allegations of asset stripping and financial losses to shareholders. The arbitration will take place in Delhi.
Vande Bharat Trains Abroad? India Eyes Export Of Train Sets For Africa, Latin America: Report
India is preparing to take its indigenously developed Vande Bharat Express trains to the overseas markets, with plans to develop a standard-gauge version of the semi-high-speed train.
MSCI rejig: MCX, Indian Bank included, but RVNL, Kalyan Jewellers out
MSCI’s May 2026 index rejig kept India’s overall representation in the MSCI Standard Index unchanged at 165 stocks, even as four companies, including MCX and Indian Bank, were added and four others, such as Rail Vikas Nigam Limited and Kalyan Jewellers, were removed. The changes will take effect after market close on May 29. MSCI also carried out a major clean-up in the Small Cap index, where more than a dozen Indian stocks are set to exit.
Alpha Corp to take over three stuck projects following Supreme Court approval
The Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to over 3,000 homebuyers. Alpha Corp will invest Rs 750 crore to finish the projects, with no extra cost to buyers.
Samsung plans to take AI to entry-price smartphones, expand portfolio of Galaxy A series in India
Samsung is extending advanced Artificial Intelligence capabilities to its budget-friendly smartphones, aiming to broaden the AI phone segment. The brand is ramping up investments in retail infrastructure, with a strong focus on smaller cities and emerging markets. By keeping prices accessible, Samsung plans to make AI-driven devices mainstream and foresees AI phones overtaking traditional smartphones as the new standard.