Raymond James downgrades Blackstone Mortgage Trust stock rating on portfolio concerns

India’s white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting from cost-cutting to innovation hubs, with technology and BFSI sectors leading the charge. Bengaluru remains the top hub, but tier-2 cities are rapidly emerging as key talent centers, showcasing India’s growing strategic importance…

SBI Funds Management is set to debut on the NSE and BSE on July 21, with the grey market indicating an around 18% listing premium over the IPO price. The Rs 9,813-crore IPO attracted strong investor interest, with the issue being subscribed 41.66 times during the July 14–16 bidding period.

KPIT Technologies shares plunged 17% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automakers. While short-term performance is expected to be weak, KPIT remains optimistic about long-term growth driven by outsourcing and automation. The company anticipates a strong rebound in the second half of FY27, building a…