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Finance & Markets

Jio Platforms’ IPO becomes first public offer globally to cross 1 crore applications

The figure beats the previously reported global record of about 97 lakh applications, set by Waaree Energies. It also tops earlier Indian record-setters such as Bajaj Housing Finance.

Jio Platforms’ IPO becomes first public offer globally to cross 1 crore applications

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

Read the original at thehindubusinessline.com →

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IBM's Software Growth Sped Up and Its Stock Barely Moved. I'd Start Buying.

The software slowdown that kept me out of the stock just reversed. Is an unchanged revenue forecast reason to wait longer?

  • IBM's software revenue grew 9% YoY in Q3, surpassing expectations.
  • Transaction processing contributed 10% growth to software segment.
  • IBM's stock price remained flat despite strong software performance.

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