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Canara Robeco AMC's IPO share allotment is expected today following a robust investor response, with the issue set to list on October 16. The IPO was subscribed 9.74 times overall, driven by strong demand from Qualified Institutional Buyers. Investors are keen to check their allocation status online via the registrar or BSE portal.
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News and Media
US President Donald Trump avoided taking a stance on recognizing a Palestinian state. He emphasized the immediate need to rebuild Gaza and negotiate peace. Trump stated that discussions on the political structure of a future Palestinian state would take time. He previously criticized international efforts to advance Palestinian statehood, calling it a reward for Hamas.
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News and Media
HCLTech's September quarter revenue grew better than anticipated, marking a return to sequential growth. Profit growth met expectations. The company is focusing on AI services and intellectual property. New deal wins showed strong momentum, particularly in smaller contracts. Headcount increased, and attrition softened. Salary increments in October may impact future margins.
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News and Media
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