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2 High-Yield Dividend Stocks That Billionaires Are Buying

These passive income-generating stocks offer yields ranging from 11.3% to 18.6% right now, and billionaire money managers keep buying them hand over fist. ....

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Top Tech Projects at World's Biggest Banks, Hedge Funds, and PE Firms

Firms like Goldman Sachs, Millennium, and Vanguard are increasingly throwing money and talent at data tools and emerging tech like quantum computing. ....

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10 Semiconductor Stocks to Buy Today According to Israel Englander's Millennium Management

In this piece, we will take a look at the ten semiconductor stocks to buy today according to Israel Englander s Millennium Management. ....

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QIP fund raising: PNB, IDBI Bank complete QIP helped by peer PSU banks

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Mumbai: State owned Punjab National Bank (PNB) and Life Insurance Corp (LIC) contolled IDBI Bank managed less than their targeted amounts through a qualified institutional placement (QIP) despite offering the maximum permissible 5% discount to investors highlighting the challenges that government owned lenders face in raising capital from the market.
PNB managed to raise about Rs 3,800 crore out of its targeted Rs 7,000 crore while IDBI Bank managed to raise about Rs 1,400 crore out of its targeted Rs 2,000 crore in the offer, multiple people familiar with the issue said.
Both the issues received support from treasuries of public sector banks treasuries especially the large ones like State Bank of India, Bank of Baroda, Canara and Union Bank of India to help it get through. LIC could not invest in IDBI because it already owns majority stake there but it supported the PNB issue big time, said one of the persons cited above. ....

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