Kaynes Technology India Ltd on Tuesday announced the successful closure of its Qualified Institutions Placement (QIP), raising funds through the issue of 28.73 lakh equity shares at ₹5,569.50 per share. The issue price reflects a 1% discount to the QIP floor price of ₹5,625.75, as determined under SEBI regulations. The QIP opened on June 19
NAPERVILLE, Illinois, June 23 (Reuters) – Like a broken record, speculators continued selling Chicago corn last week. Their bearish corn stance is now almost identical to their year-ago one, which preceded the all-time net short set in early July. There are some notable differences between the two years, however. Sign up here. The latest Commitments
In a high-stakes gamble, Wall Street hedge funds are offering to buy claims that insurers may have against Southern California Edison if the utility is found liable for causing the devastating Eaton fire in Altadena. The solicitations are legal, but have alarmed California state officials — who loathe the idea of investors profiting from a
An independent investigation found no evidence that Bishop William J. Barber II — the former head of the North Carolina NAACP who now leads a nonprofit focused on economic and racial justice — misused funds from that group for alimony payments and other personal uses. The findings refute allegations made against Barber in court filings
The Indian equity market continues to show strength, with both Nifty 50 and BSE Sensex reaching new highs. Even though this is encouraging, market valuations are still high with Nifty 50 trading at a PE of around 22.42 and BSE Sensex at 22.69, which can be a cause of a correction. In such an atmosphere,
PARMA, Ohio — More critics are raising red flags about an Ohio Senate proposal for the state to take permanent ownership of unclaimed funds – imposing limits, for the first time, on how much time you have to track down your missing money. Industry experts say the proposal risks clashing with private property-rights protections in
House appropriators are seeking a nearly 50% cut to a government watchdog’s budget next year and to rein in its ongoing investigations of the Trump administration. The legislative branch portion of the fiscal 2026 spending bill, released by the corresponding subcommittee of the House Appropriations Committee on Sunday, would cut the Government Accountability Office’s budget
CLEVELAND — As Ohio lawmakers weigh dipping into unclaimed funds to pay for pro sports facilities, national experts are raising red flags about one key aspect of the proposal – a provision that would transfer ownership of the money to the state if claimants don’t act fast enough. Representatives of national unclaimed-property groups say that
Compete for Causes, the local group that pairs fitness and fundraising with its charity fitness competitions, recently made a $32,200 contribution to Father Joe’s Villages. A total of 147 people got moving in the month of May to raise funds for the Saint Margaret of Cortona Harbor program at Father Joe’s Villages, which helps young pregnant
Jason Kephart and Susan Dziubinski of Morningstar Why do target-date funds make ideal IRA investments? Here to discuss this topic is Jason Kephart, a senior principal with Morningstar’s manager research team. The interview has been edited for length and clarity. Q: Target-date funds tend to be great investments for an IRA, because if investors choose