Business -

Wipro raises Aggne stake to 80%; invests $2.1 million to deepen insurance tech play

TazaPulseJune 18, 2026

Following the acquisition, Wipro’s shareholding in Aggne Global IT Services will rise from 60% to 80%, according to a regulatory filing. IT major Wipro will increase its ownership in Aggne Global IT Services to 80% after acquiring an additional 20% stake for USD 2.1 million (around Rs 19.8 crore), strengthening its presence in the insurance...

Bhogapuram user fee to range from Rs 355 to Rs 1,255: AERA ad hoc tariff order

TazaPulseJune 18, 2026

Vizag’s Bhogapuram airport will get operational later this summer NEW DELHI: Flying in and out of Visakhapatnam will cost more once the upcoming new Bhogapuram airport gets operational later this summer and then commercial flights from the existing Naval airbase will stop. Domestic passengers flying out and into Bhogapuram will pay Rs 835 and Rs...

Indian funds in Swiss banks fall 8% to Rs 36,793 crore in 2025, but customer deposits climb 50%

TazaPulseJune 18, 2026

Overall India’s in Swiss Banks fall over 8% in 10 years (Representative imag) Funds linked to Indian clients in Swiss banks declined by more than 8 per cent in 2025 to 3.25 billion Swiss francs (around Rs 36,793 crore), according to annual data released by the Swiss National Bank (SNB) on Thursday.The decline was largely...

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US stock market today: Wall Street rebounds as oil slides after US-Iran deal; S&P 500, Nasdaq rise over 1%

TazaPulseJune 18, 2026

US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment. US stocks rebounded on Thursday, recovering much of the previous session’s losses as falling oil prices and easing Treasury yields lifted investor sentiment following the US-Iran agreement to end hostilities and reopen...

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California IPO tax windfall: Factors complicating the equation

TazaPulseJune 18, 2026

The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images 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...

NSE IPO: India’s biggest market debut in the making — all you need to know about the Rs 30,000 crore mega offering

TazaPulseJune 18, 2026

The National Stock Exchange of India has officially set the stage for one of the biggest market events in the country’s history, filing its draft red herring prospectus (DRHP) for an initial public offering (IPO) of up to 148,905,525 equity shares. The issue, valued at an estimated Rs 30,000 crore, is poised to become the...

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Hollister partners with Target to sell dorm bedding, apparel

TazaPulseJune 18, 2026

Abercrombie & Fitch‘s Hollister is branching out of its apparel roots and partnering with Target to start selling home and dorm decor for the first time as both brands look to new categories to drive growth. The collaboration, dubbed The Hollister Collection at Target, will launch online, in most Target stores and select Hollister locations...

India-UK social security pact to slash costs for firms; up to 95% of Indian professionals to gain

TazaPulseJune 18, 2026

Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.The Agreement on Social Security, or Double Contribution Convention (DCC), is expected...

Trump sanctions waiver on Russian crude expires: What it means for India amid US-Iran peace deal, Strait of Hormuz opening

TazaPulseJune 18, 2026

The sanctions waiver in place since almost the start of the US-Iran conflict has benefitted India. (AI image) In wake of the US-Iran understanding for a peace deal and the signing of an MoU, the Trump administration has quietly let the sanctions waiver for Russian crude oil to lapse. US President Donald Trump had earlier...

Qatar LNG tanker sails for Hormuz as Middle East peace returns

TazaPulseJune 18, 2026

Energy shipments in the Gulf have once again resumed sailing, after the US and Iran signed an interim agreement. After months of disruptions to the Strait of Hormuz, activity appears to have finally resumed, with a liquefied natural gas (LNG) loaded tanker now moving towards the strategic waterway.The reopening of the waterway is expected to...