Business -

Wipro founder Azim Premji’s son buys Rs 45.7 cr Bengaluru home

TazaPulseMay 22, 2026

Bengaluru: Tariq Premji, son of billionaire philanthropist and Wipro founder Azim Premji, has bought a luxury duplex penthouse in central Bengaluru for Rs 45.7 crore, according to property registration documents shared via Zapkey.The apartment is located at “27 Summit,” an ultra-luxury residential tower in Sampangiramnagar near the city’s CBD. The project has been developed by...

Sebi proposes IPO, re-listed stock pricing revamp; aims to improve price discovery and reduce distortions

TazaPulseMay 21, 2026

Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks, seeking to improve price discovery and address concerns around artificially suppressed pricing, PTI reported.In a consultation paper, Sebi suggested revising the methodology used for determining the base price of re-listed stocks.Under the proposal, if...

108310654 17793789562026 05 21t155451z 55673329 rc2rdlaec79m rtrmadp 0 usa trump

Trump changes EPA refrigeration rules in grocery price push

TazaPulseMay 21, 2026

U.S. President Donald Trump speaks during an announcement with U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, D.C., U.S., May 21, 2026. Kevin Lamarque | Reuters President Donald Trump announced on Thursday a delay to two Biden-era EPA refrigerant rules, arguing the move...

108310581 1779375214716 gettyimages 2275518697 tk052455 iyjybxwe

LIV Golf seeks to raise up to $350 million from investors

TazaPulseMay 21, 2026

LIV Golf is preparing to take its updated business plan and investor pitch on the road as soon as Thursday, in an effort to raise fresh capital to continue operations past the end of the current season, people familiar with the plans told CNBC. The upstart golf circuit will be seeking financing in the range...

US stock markets today (May 21, 2026): Wall Street extends losses as oil prices rebound, Nvidia earnings fail to lift sentiment

TazaPulseMay 21, 2026

US stock markets moved lower on Thursday extending recent losses as a rebound in oil prices and rising Treasury yields renewed pressure on equities despite another strong earnings performance from Nvidia, AP reported.The S&P 500 slipped 0.4 per cent and was on course for a fourth decline in five sessions after recently touching a record...

108309653 17792773071779277303 46063530365 1080pnbcnews

CNBC Family Office Portfolio Tracker with Addepar: How wealthy families invest

TazaPulseMay 21, 2026

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Public stocks are the largest and fastest-growing asset class for family offices, while their real estate assets are shrinking, according to the new...

US big quantum technology bet: Trump administration backs firms with $2 billion funding tied with equity stake

TazaPulseMay 21, 2026

The Trump administration is awarding grants to a group of quantum computing companies, including IBM, in exchange for equity stakes in some of them, deepening Washington’s push to support sectors viewed as critical to domestic supply chains and technological competitiveness, Reuters reported.The move expands the administration’s strategy of taking ownership positions in companies considered strategically...

108309762 1779284989085 gettyimages 2192522260 kc1 1751 fscpsdhx

Billionaire families bet on semiconductor, energy stocks in Q1

TazaPulseMay 21, 2026

Carolina Panthers owner David Tepper looks on before the game against the Atlanta Falcons at Mercedes-Benz Stadium on January 05, 2025 in Atlanta, Georgia. Kevin C. Cox | Getty Images Sport | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high...

Financiers can’t block borrower phones, online shaming barred

TazaPulseMay 21, 2026

MUMBAI: Mobile phone financiers will face restrictions on “mobile lock” practices under RBI’s amended rules for loan recovery. Under the reworked draft regulation, lenders can restrict financed devices only under explicit contractual consent and after a 90-day default cycle with a staged 60-day and 7-day notice regime, while mandating that core functions such as incoming...

Diplomacy to Q-comm: Melody’s demand spikes

TazaPulseMay 21, 2026

BENGALURU/DELHI/MUMBAI: The shelves began emptying even before Parle Products could quite understand what was happening. By Wednesday evening, searches on Melody, the caramel toffee by the Mumbai-based manufacturer of biscuits and confectionery, had jumped over 190 times on Google, while search strings like ‘Melody Modi’, ‘Meloni Melody’ all had ‘breakout’ tags on the search platform....