The Rs 400 crore GSP Crop Science IPO enters its final day with 96% subscription, led by strong NII demand while retail interest remains muted. With GMP at zero, listing expectations remain subdued. The company aims to reduce debt and strengthen operations, backed by steady financial growth and a diversified agrochemical portfolio.
Why IBM shares crashed 26%: CEO highlights customer spending shifts towards AI
IBM’s second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. CEO Arvind Krishna said clients prioritized