New Delhi / AFP India’s biggest IT outsourcing firm Tata Consultancy Services (TCS) says it will challenge $940 million in damages imposed by a US court in an intellectual property theft case. A federal grand jury in the US state of Wisconsin found TCS and its American unit guilty of using data from a US medical software firm without …

  New Delhi / Bloomberg As Bharti Airtel Ltd. prepares for more competition from the nation’s richest man, the government may be bracing for collateral damage. That’s because India’s largest mobile-phone carrier has bought enough airwaves in the past month to be able to provide 4G services everywhere in the country, reducing Bharti’s need to bid for spectrum in an …

Bloomberg Global finance ministers and central bankers pledged to step up their efforts to support growth, as chances rise of a broader slowdown and risks including refugee crises and a potential U.K. exit from the European Union threaten the world economy. “Downside risks to the global economic outlook have increased since October, raising the possibility of a more generalized slowdown …