A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.

The verdict is a major victory for the Indian outsourcing industry, whose business model depends heavily on exporting Indian engineers to the US A federal jury in Oakland, California,

Despite a recent interaction between government and officials with Gem Jewellery Export Promotion Council (GJEPC), leaders say the absence of finance for the cash-hungry industry is being addressed, while others warn that if the current scenario persists, the impact could affect the country's exports as well.

The committee of creditors (CoC) to insolvent Essar Steel argued before the bench here of the National Company Law Tribunal that the offer made by the company's promoters, the Ruias, was "not maintainable" and wanted it dismissed. Their counsel, Ravi Kadam, also requested day-to-day hearing of the matter. The case was deferred to December 10, as one of two on the bench was on leave.

The Madras High Court granted anticipatory bail to TVS Motor Chairman Venu Srinivasan on Wednesday in connection with the alleged idol theft case in Tamil Nadu.

Srinivasan's name was mentioned in a first information report (FIR) by the local police. The case was then transferred to the Idol Wing of the Crime Branch-Central Investigation Department. The FIR accused him of replacing a century-old peacock idol at Chennai’s Kapaleeswarar temple with a fake one.

An Air India plane carrying 179 passengers struck a building at Stockholm's Arlanda airport with its wingtip as it taxied to gate on Wednesday, but no injuries were reported, police said.

"The 179 passengers could disembark from the plane on a mobile staircase and thereafter enter the terminal," police wrote in a statement.

The Delhi High court on Wednesday upheld the the conviction of 88 people by a trial court in connection with 1984 anti-Sikh riots in East Delhi's Trilokpuri area.

Last week, a Delhi court awarded death sentence to an accused and life imprisonment to another in the 1984 anti-Sikh riots case.

Chief Minister Arvind Kejriwal Wednesday ordered the suspension of Delhi's food and supplies commissioner over alleged irregularities in ration system, Food minister Imran Hussain said.

The orders of the food commissioner's suspension have been sent to Lt Governor Anil Baijal, Hussain said at a press conference here.

Shares of information technology (IT) companies are trading higher for the third straight session, with the Nifty IT index gaining 5% so far during this period on value buying.

Tata Consultancy Services (TCS) and Infosys, from the index, are up 4% each at Rs 1,961 and Rs 663, respectively. NIIT Technologies, Mindtree, Tata Elxsi, Tech Mahindra and HCL Technologies are up in the range of 1% to 3% on the National Stock Exchange (NSE).

External Affairs Minister Sushma Swaraj on Wednesday said India would not participate in the South Asian Association for Regional Cooperation (SAARC) summit in Pakistan.

She was responding to a question on Pakistan invitation to Prime Minister Narendra Modi to visit Pakistan for the summit. We are not responding to it positively, she said at a press conference in Hyderabad, where she arrived for campaigning for the Telangana Assembly elections.

Petrol price Wednesday fell below Rs 74 per litre mark for the first time since April as the six-week long price reduction spree wiped off all of the massive price hikes witnessed in petrol and diesel rates earlier this year.

Petrol price in Delhi was cut by 50 paisa to Rs 73.57 per litre, according to a price notification issued by state-owned fuel retailers. This is the lowest petrol price since April.

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