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Zomato performed better than US-based food delivery platform DoorDash. According to brokerage firm Elara Securities, DoorDash reported 27% year-on-year (YoY) revenue growth to $2.3bn in Q4CY23 whereas Zomato food delivery adjusted revenue grew 29.4% YoY to ₹20.3 billion in Q4CY23, higher than Dash Dash also reported lower gross order value (GOV) YoY growth at 22% vs Zomato’s 27%. Dash's GOV and revenue growth is attributed to a 23% YoY increase in total orders, growing the number of users grew to 37 million, higher average order frequency, and better advertisement revenue.

Few themes have been as unpopular among investors in recent years as European investment banking and the U.K. Barclays wants to double down on both. The bank’s shares jumped around 6% Tuesday, despite disappointing 2023 financial results.

A gunman shoots at a Montreal Jewish school. A Jewish-owned grocery store is set on fire in Toronto. In Ottawa, police disrupt an alleged terrorism plot against the Jewish community.

(Reuters) — CenterPoint Energy (NYSE:CNP) said on Tuesday it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electricity and gas utility plans to focus on its regulated business.

Reserve Bank of India believes that global interest rates may have peaked while achieving the inflational target looks like a prolonged journey. In India repeated food shocks are preventing the positive impact of falling core inflation from manifesting itself in lower Consumer Price Index, the central bank said in its state of the economy report. «While the tightening cycle appears to have run itself out, the path forward remains bounded by the final downslide of inflation to targets which is proving daunting due to the materialisation of tail events,» researchers with RBI's economic wing said. In India, CPI inflation was projected at 4.5% for the financial year 2024-25, a good 90 basis points lower than the estimated average for 2023-24.

Ola Electric has reportedly sold 10,000 electric scooters in just three days after it announced a price cut, according to a report of Moneycontrol. Ola slashed the prices of S1 X+, S1 Air, and S1 Pro last week.

The Nifty50 index rose 74 points to close at 22,196. It hit a fresh record high of 22,251 intraday. The S&P BSE Sensex rallied more than 300 points.

Zee Entertainment Enterprises on Tuesday clarified that it has not indulged in any negotiations with Sony over the merger deal, the company said in an exchange filing. It said, «We would like to clarify that the company has not involved in any negotiations, or any other event as stated in the above-mentioned article, and we categorically confirm that the abovementioned news item is factually incorrect.» «We wish to clarify that the company is not aware of any information that has not been announced to the exchanges which could explain the aforesaid movement in the trading, and we are not in a position to determine the material impact of the above-mentioned article on the company,» it further stated.

MLS) is all set to be kicked off this week. The upcoming MLS season will have a total of 29 soccer teams divided into two conference — East and West. Eastern Conference will have 15 teams and Western segment comprises of 14.

India’s AI market is growing at a CAGR of 25-35% and is projected to reach around $17 billion by 2027, according to a new report by BCG and IT industry apex body Nasscom. As the investments in AI continue to increase, the demand for AI talent in India is also expected to grow at 15% CAGR by 2027, the report, titled «AI Powered Tech Services: A Roadmap for Future Ready Firms; AI & GenAI's Role in Turbocharging the Industry” launched on the sidelines of the Nasscom Technology & Leadership Forum 2024 said.

In Canada, renters are more likely than homeowners to experience a lower quality of life, including financial distress and loneliness, according to a new Statistics Canada report.

Investing.com — U.S. stock futures fell Tuesday, as investors returned to their desks after the long weekend, ahead of a deluge of key earnings this week. 

By Greg Roumeliotis

Investing.com — U.S. futures fell Tuesday as investors returned to their desks after a long weekend and prepared for a deluge of quarterly corporate earnings during the week.

Bengaluru has more reasons to cheer for. The Silicon Valley of India is set to get more public charging stations soon. As per reports, Bangalore Electricity Supply Company Limited (BESCOM) has awarded a tender to Reliance BP Mobility Limited for settin up of 225 public charging stations across Bengaluru. As per the tender, 150 charging spots will be in Bengaluru city while 75 in Bengaluru rural. “We had awarded the tender for setting up the charging infrastructure to Reliance BP Mobility Limited in October. They have agreed to set up 150 charging stations in Bengaluru city and 75 in Bengaluru rural. Currently, a survey is ongoing to identify the land for setting up the infrastructure. Once the survey is completed, they will sign a 10-year lease contract with the land owing agency. Reliance will call the bid for INR 2.19 per unit,” a senior BESCOM official was quoted as saying by the Times of India.

FOX Business' Jeff Flock reports from a produce processing center in Philadelphia, where business is getting squeezed by inflationary costs.

Intelligence Bureau (IB) by granting it the status of a full-fledged division, thus allowing it complete financial autonomy, according to media reports on Tuesday. The decision was taken by Prime Minister Anwaarul Haq Kakar on Monday, the reports said. «The IB division will work directly under the prime minister with its office to be established in the cabinet division,» according to a notification.

Rituraj Singh tragically died today due to a cardiac arrest. As per reports, Rituraj had been contending with pancreatic illness and was 59 years old. A close friend of the actor, Amit Behl, confirmed the news, «Yes, he passed away from cardiac arrest. He had been hospitalized for pancreatic treatment, returned home, experienced cardiac complications, and subsequently passed away.» In the realm of cardiac health, two terms often intermingle cause confusion among the general populace: heart attack and cardiac arrest. While they may sound synonymous, understanding the disparity between the two is crucial, as it can be a matter of life and death. Here is the difference between the both.

₹732, just 9 percent higher from its IPO price of ₹672. The stock doubled versus its IPO price while debuting in July 2023 and hit a record high of ₹1,344 (100% premium to IPO price) on its listing day but has seen a downward trend since then. Last week (February 14), the stock hit its record low of ₹689, down 49 percent from its listing price (record high) and up just 2.5 percent from its IPO price.

PNC Infratech, HG Infra Engineering Ltd, Ahluwalia Contracts. During the December quarter , road infrastructure companies continued to benefit from strong order book led by government spending. However the festive season, state elections and pollution control measure in the Delhi National capital region (NCR) etc were some dampeners when it came to execution.

Modi government schemes. “After the electoral bonds scam, the Supreme Court has stopped another set of blatantly illegal and disastrous Modi government schemes." Jairam wrote on micro-blogging site X. Jairam Ramesh, who was also the former environment minister, also tagged a media report on the Supreme Court directing that the dictionary meaning of "forest" be applied.