Quality Power IPO: Quality Power Electrical Equipments (QPEE) plans to raise ₹225 crore via fresh equity and ₹634 crore through an offer for sale in its IPO, reducing promoter stake to 74%. Specializing in HVDC and FACTS components, QPEE is poised to benefit from rising global renewable energy demand.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,