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…
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…
For years, the path has been established – study in the US, get a job there, and eventually vie for a green card. (AI image) US President Donald Trump has time and again said that he ‘loves’ Indian talent – but he doesn’t seem to want it in America – or so his policies suggest….
The BSE Sensex rose 254.36 points, or 0.33%, to settle at 77,409.98, while the NSE Nifty50 gained 82.30 points, or 0.34%, to close at 24,168. Benchmark equity indices Sensex and Nifty closed higher for the fifth straight session on Thursday, supported by easing crude oil prices and optimism surrounding the US-Iran peace deal.The BSE Sensex…
Money, it is often said, has ruined football. Staging the men’s World Cup mostly in America, a country that has produced so many great businessmen and so few good footballers, was supposed to mark the triumph of big business over the beautiful game. True, the ticket prices are extortionate. And the tournament often feels like…
The National Stock Exchange (NSE) has flagged a wide range of risks to its business from regulatory changes and technology failures to cyberattacks and artificial intelligence-related challenges in its draft IPO papers, while highlighting its heavy dependence on derivatives trading for revenue, PTI reported.The disclosures, made in the draft red herring prospectus (DRHP) filed with…
One of the main winners of the streaming wars, Hollywood’s years-long content-spending free-for-all, has turned out to be a non-combatant. While companies such as Disney blew gazillions on building streaming services to compete with the likes of Netflix, others kept their powder dry. Fox, which still makes most of its money from old-fashioned “linear” television,…
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…
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…
India is reportedly in talks with multilateral lenders to secure around $2.5 billion through existing credit lines. The move comes as New Delhi explores fresh sources of capital after the Middle East conflict has affected the government’s ability to increase spending.The World Bank and the Asian Development Bank (ADB) are discussing loans worth $1.5 billion…
