Knowledge Realty Trust REIT, co-sponsored by Sattva Group and Blackstone, received over 13 times subscription, making it India’s largest and most subscribed REIT IPO. Institutional and retail interest highlighted growing confidence in India’s commercial real estate sector.
Muted Q4, weak forecast cast a shadow on HCLTech
HCLTech’s revenue growth guidance for FY27 is significantly lower than the actual FY26 growth, implying the effect of growing dependence of clients on operating efficiencies