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The United Nations reiterated its support for a two-state solution as the only viable path to resolving the Israeli-Palestinian conflict, ahead of a key General Assembly session. Several nations, including France, Canada, the UK, and Australia, have formally recognized the State of Palestine, increasing international pressure on Israel.
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Anand Rathi Share & Stock Brokers is set to launch an IPO. The company aims to raise 745 crore. This fresh equity will fund long-term working capital needs. The IPO will dilute promoter stake to 69.9%. The firm's active clients have increased significantly. Revenue has nearly doubled in recent years. The company provides broking and distribution services.
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Seshaasai Technologies, a payment card fulfillment provider, is launching an IPO to raise 480 crore for debt repayment and expansion, alongside a 333 crore offer for sale. While revenue dipped slightly in FY25 due to the absence of a large renewal project, net profit doubled, and EBITDA margins improved significantly.
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