2h ago
Lincoln Pharmaceuticals sets Sept. 30, 2026 as AGM record date; book closure runs Sept. 12–30
Lincoln Pharmaceuticals set Sept. 30, 2026 as the record date for its 32nd annual general meeting, with the share transfer books to remain closed from Sept. 12 to Sept. 30. The company proposed a final dividend of 1.80 rupees per share of face value 10 rupees, equivalent to an 18% payout. For the quarter ended June 30, 2026, it reported consolidated net profit rising 30.90% year-on-year to 36.23 crore rupees, while total income increased 19.02% to 201.55 crore rupees. EBITDA for the quarter grew 32.29% to 51.70 crore rupees.
2h ago
3h ago
SEC filing lists ProShares XRP ETF and Ultra XRP ETF as registered fund series
Regulatory filings dated Aug. 27–28 list ProShares Trust’s ProShares XRP ETF and ProShares Ultra XRP ETF (UXRP) as registered fund series. A separate amended filing from Morningstar Funds Trust again references the Cyber Hornet S&P 500 & XRP 75/25 Strategy ETF. The documents place XRP-linked products alongside other crypto offerings such as Ultra Solana and the CoinDesk 20 Crypto ETF, with an expense ratio of 1.67% and assets in the roughly $40 million to $55 million range, according to the filings.
3h ago
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India apparel exporters urge curbs on 20s+ cotton yarn exports as prices jump 60% in 2026
India’s Apparel Export Promotion Council has asked Commerce Minister Piyush Goyal to restrict exports of cotton yarn, particularly 20s count and above. Cotton yarn prices have risen about 60% since early 2026, climbing from about Rs 250 per kg to around Rs 400 per kg, squeezing margins for garment makers. The AEPC said raw cotton fetches about Rs 275 per kg and yarn around Rs 325 per kg, while a kilogram of garments can realise Rs 800 to Rs 1,200 after value addition, arguing that export limits would help protect apparel export competitiveness.
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6h ago
Gold price surge lifts miners’ margins to a record as AISC jumps 16% to USD 1,785/oz in Q1 2026
Gold miners posted record profit margins in the first quarter of 2026 as surging prices outpaced rising costs, even as global average all-in sustaining costs climbed 16% year on year to USD 1,785 per ounce, according to the World Gold Council. Newmont reported its highest-ever quarterly free cash flow of USD 3.1bn and approved an additional USD 6.0bn share buyback programme. AngloGold Ashanti generated record free cash flow of USD 1.2bn and shifted from net debt to net cash. Some African operations faced added cost pressure as royalty payments accelerated.
6h ago
6h ago
Oil snaps three-week winning streak with first weekly drop in nearly a month as Brent falls over 5% and WTI slips more than 4%
Crude oil prices ended a three-week rally, posting their first weekly decline in nearly a month. Brent fell more than 5% for the week, while WTI dropped more than 4%. Improving passage through the Strait of Hormuz eased supply worries, though Goldman Sachs and JPMorgan warned that prolonged shipping disruptions could still keep upside risks in play.
6h ago
8h ago
SEC clears Evernorth Form S-4, advancing Nasdaq listing under ticker “XRPN” ahead of Sept. 30 vote
The U.S. Securities and Exchange Commission has declared Evernorth’s Form S-4 registration statement effective, clearing a key step toward a Nasdaq listing under the ticker “XRPN.” Shareholders are scheduled to vote on Sept. 30. If approved, Evernorth would become a publicly traded XRP treasury company backed by Ripple, SBI Group, Pantera, Kraken, Arrington Capital and GSR. The deal is expected to close in late Q3/early Q4 2026.
XRP
XRP-2.79%
8h ago