Zomato's 'going-out' business, which includes dining out and events, saw a 25% growth year-on-year with earnings of Rs 73 crore in the October-December period. The business has expanded to nine cities and now offers ticket-booking services for events. The gross order value for this vertical nearly doubled compared to last year. On a group level, Zomato reported a net profit of Rs 138 crore.

Paytm's lending business may suffer as RBI warns against unsecured loans and increases risk weights. This means more capital has to be set aside for personal loans, leading to a slowdown in loan growth. Paytm's decision to scale down its small-ticket postpaid lending business could also impact their revenue. Foreign firms and mutual fund managers fear reputational risk due to regulatory concerns.

Actis, an emerging markets infrastructure investor, has acquired a portfolio of four Hybrid Annuity Model road assets in India. This is the second roads portfolio acquisition in India for Actis, as they see huge potential in the country's infrastructure sector. The assets are awarded by NHAI and offer fixed revenues with interest rate indexation features.

Bitcoin prices bounced back above $45,000 as excitement over the approval of spot bitcoin ETFs caused prices to surge. Companies with bitcoin exposure such as Riot Blockchain and Marathon Digital saw shares spike higher on renewed momentum. Yahoo Finance Senior Reporter Jared Blikre breaks down the details, providing insights into what's happening in the crypto market.

Benchmark equity indices, Nifty 50 and S&P BSE Sensex, fell by nearly 1% on Thursday after the Reserve Bank of India kept interest rates unchanged and signaled that rate cuts may not be imminent. The RBI's decision was influenced by inflation remaining above the target and projected to stay so for fiscal 2025. Analysts predict that the market trend could weaken if the Nifty drops below 21,690.

The dollar strengthened on Thursday as US jobless claims decreased, reinforcing the Federal Reserve's decision to not cut interest rates. The drop in unemployment benefits also reflects a strong labor market. However, there may need to be an improvement in global data for the dollar to weaken. Expectations for a rate cut have decreased, leading to higher US Treasury yields.

Apple's exclusive release of the Vision Pro headset is creating a resale market where prices have gone far beyond its $3,500 starting price. On various marketplaces, the device is being sold for significantly higher prices, with some sellers even asking for as much as $6,000. Despite the high demand for the device, experts believe that this may not represent typical consumer behavior.

Attentive, an AI-based SaaS firm, raised $7 million in Series A funding led by Vertex Ventures. The investment will support product development and the company's mission to transform the construction and outdoor services industries. Co-founder and CEO Shiva Dhawan stated that their AI-driven solutions can automate manual workflows and increase productivity.

New York Community Bancorp faced its third credit-rating cut due to concerns over its exposure to the struggling commercial real estate market. This also affected lenders in Europe and Asia, with Germany's Deutsche Pfandbriefbank calling it the worst real estate crisis since the financial crisis. NYCB's shares and bonds fell, and there are fears of a global contagion from the CRE sector.

The Indian company Dynamatic Technologies and Airbus have signed a deal for Dynamatic to make all door variants for A220 planes in India. This is the largest contract awarded by Airbus for doors. It is part of a larger trend of planemakers increasing their sourcing from India, with Airbus expected to double its value of parts sourced from the country in the coming years.

Stock exchange data shows bulk deals in several companies: Knowledge Marine & Engineering Works, Megatherm Induction, Kalyan Jewellers India, Indiabulls Housing Finance, Avalon Technologies, Paradeep Phosphates, and Venus Pipes & Tubes. Notable investors involved include Bandhan Mutual Fund, Ashish Kacholia, Goldman Sachs, and HDFC Mutual Fund.

Wall Street's main indexes opened flat on Thursday following earnings reports from Walt Disney and Spirit Airlines, while investors also assessed softer-than-expected jobs data and remarks from policymakers on interest rate cuts. The Dow Jones Industrial Average rose 42.09 points, or 0.1%, at the open to 38,719.45. The S&P 500 opened higher by 1.44 points, or 0.03%, at 4,9993.62.

Global private equity firm Warburg Pincus sold a significant 8.4% stake in Kalyan Jewellers India through the open market on Thursday for Rs 2,931 crore. Warburg Pincus, through its affiliate Highdell Investment, cumulatively sold 8,67,29,971 shares at an average price of Rs 338 a share, bulk deals data on BSE and NSE showed.

The state cabinet is considering an amendment to the BBMP Act-2020 that would provide relief to property owners who have defaulted on their tax payments. This comes after MLAs and MLCs from Bengaluru raised concerns about the issue at a high-level meeting convened by deputy chief minister DK Shivakumar, and several MLAs criticized the BBMP's decision to penalize and seize properties of defaulters.

The Ramco Cements has reported a growth of 59.48 per cent in its net consolidated profit during the quarter ended December 31, 2023. Its profit after tax stood at Rs 81.67 crore in Q3 FY24 as against Rs 51.21 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.The company's net consolidated total income stood at Rs 2,117.39 crore.