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2025-01-09 07:07:06| The Economic Times

Kotak Institutional Equities has maintained a buy rating on Zomato with a target price of Rs 305, expecting a 22.3% upside. The brokerage forecasts a 19% YoY growth in Zomatos food delivery GMV and a 114% growth in Blinkit GMV. While Blinkit's expansion may lead to widening EBITDA losses, its strong unit economics continue to support long-term growth potential.

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2025-01-09 06:49:19| The Economic Times

Three major wildfires simultaneously burned across Los Angeles, including the Pacific Palisades neighborhood, destroying over 1,000 homes and businesses. A critical water shortage hampered firefighting efforts, with depleted hydrants and water tanks. The crisis highlights the urgent need for improved water infrastructure and wildfire preparedness.

Category: News and Media

2025-01-09 06:35:24| BBC News | Business | World Edition

A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.

Category: News and Media

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