Info Edge founder Sanjeev Bikhchandani believes that the market will remain skeptical of loss-making startups unless they can show a clear path to profitability. However, there has been some improvement in recent years, with companies like Zomato, Paytm, and PB Fintech turning profitable. This has led to a change in investor sentiment towards tech companies.

Zee Entertainment may face layoffs and cost-cutting measures as it re-evaluates its plans following the termination of a proposed merger with Sony. CEO Punit Goenka stated that manpower reduction will be part of their cost-saving strategy. The company's focus now is to improve performance as a standalone entity. In Q3FY24, Zee reported a 140% increase in profit.

The Lok Sabha elections are approaching, but the markets seem unperturbed. Alok Singh, CIO of Bank of India Investment Managers, believes PSU stocks are well-positioned for economic growth and will continue to perform. He doesn't think the banking sector is oversold and expects market stability despite the upcoming elections.

Rudra Gas Enterprise IPO allotment status is now available on Link Intime India Private Limited's portal. The IPO, which was subscribed over 350 times, will be listed on February 15. Investors can check their share allocation by logging into the website of Link Intime and entering their PAN, application number, DP/Client ID, or account number/IFSC.

Godrej Properties Limited has acquired 12.5 acres of land in Rajendra Nagar, marking their entry into Hyderabad. The project is expected to generate revenue of Rs 3,500 crore and will offer premium residential apartments. With excellent connectivity and established infrastructure, the project aims to cater to discerning homebuyers looking for high-quality living experiences.

The insurance regulator has approved Go Digit’s plan for a public share sale, two people aware of the development said, after faulting the digital insurer last year over a non-disclosure. The approval from the Insurance Regulatory and Development Authority of India (Irdai) clears one key hurdle for the Fairfax-backed company on the road to its ₹1,250 crore initial pubic offering (IPO).

OPEC is predicting strong global demand growth for oil in 2024 due to robust economic activity in China and air travel. This contrasts with IEA's prediction of decreased growth, citing economic challenges. OPEC expects transport fuels to drive demand, while the IEA sees limiting factors such as tighter fuel efficiency standards and electric vehicles.

Phoenix Mills, a retail-focused mixed-use developer, saw a 69% rise in net profit to Rs 297 crore for the quarter ended Dec. Income from operations grew by 44% to Rs 986 crore. Retail business contributed to this growth with consumption reaching Rs 3,296 crore, rental income rising to Rs 447 crore, and operating profit increasing to Rs 435 crore.

📈 Amid weak global cues, domestic benchmark indices started gap-down on February 14. 📢 At 9:16 AM, the Sensex tanked 614.12 points or 0.86% at 70,941.07, and the Nifty plunged 171.45 points or 0.79% at 21,571.80. 📊Gujarat Gas (⬇️7.59%), ZEEL (⬇️3.76%) and Manappuram Finance (⬇️3.72%) appeared as the top losers on the Nifty 50 at the Open. ZEE, IRCTC, and Wipro stocks are in focus today.

Newlyweds often face financial challenges due to different approaches of money management. Communication, transparency, and aligning individual and joint goals are key to solving issues like payment dues, income disparities, and spending habits. Establishing spending limits, using budgeting tools, and viewing financial planning as an ongoing process can help couples build a secure future together.

Oyo Hotels & Homes, once planning a $1 billion IPO, is now withdrawing its draft application from Sebi. The company is now looking to raise funds from private investors in the next 6-8 months. Former SBI chairman Rajnish Kumar has also left his position as group strategic advisor at Oyo. The company has improved its operating profitability and raised $660 million in term loan B.

Indian stock market is expected to open lower on Wednesday following a sell-off in global markets. US stocks ended with deep cuts after higher than expected US inflation data dashed hopes for early interest rate cuts by the US Federal Reserve. Asian markets traded lower and the domestic benchmark indices, Sensex and Nifty 50, closed higher on Tuesday led by gains in select banking heavyweights.

Entero Healthcare Solutions IPO allotment date is Feb 14, where investors can check their allotment status on the registrar's portal. The IPO was open for subscription from February 9 to February 13, with a tepid response from retail and non-institutional investors. Refunds will be initiated tomorrow for non-allotted applicants, and shares will be distributed to allotted individuals on Feb 16.

NCLT dismisses Supertech Realtors' lawsuit against Indiabulls Housing Finance, which alleged that the latter illegally deducted excess sums of money from its loan account. They accused Indiabulls of fraud and claimed it would affect its ability to deliver flats to customers. RBI stated that this was a bilateral matter between the companies and that their contractual obligations should be honored.

Indian equity indices BSE Sensex and NSE Nifty 50 are expected to open lower on Wednesday, with GIFT Nifty trading down 0.79%. In the US, Wall Street closed in the red due to higher than expected inflation data. The US Dollar Index traded lower, while WTI crude prices also went down. Most of the equity indices in Asia-Pacific were down, except for the Asia Dow.