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NBFCs urged the RBI governor to increase the ECB limit, ease regulations on alternative vehicle financing, and accelerate eKYC permissions. They also requested the ability to utilize SARFAESI for loans below ₹20 lakh and flagged issues affecting MFIs and green financing policies.

Under subscriber- pays business model, ERP can withdraw a rating provided there are no subscribers for rating as on the date of withdrawal.

The board also extended the timeline of raising debt capital through tier-I or tier-II bonds of ₹4,000 crore up to March 31, 2026, the bank said.

In February 2023, GPT Healthcare raised ₹525 crore, while in September 2023, Jupiter Life Line Hospital secured ₹869 crore through its IPO.

Hindustan Construction Company (HCC) on Thursday reported a consolidated loss of Rs 38.92 crore in the December quarter of 2024, largely on account of change in tax regime.

Robinhood has gained a strong position in the crypto trading market with its commission-free model, attracting price-conscious customers and rivals such as Coinbase. The company saw an eight-fold increase in crypto trading revenue in the fourth quarter, boosting its stock. Analysts predict continued momentum in crypto prices and market share growth, driven by retail traders confidence.

Bharat Forge shares dropped by up to 5.3% following a Q3FY25 report revealing a 10.5% decline in net profit and a 10.1% revenue decrease. Despite these declines, the EBITDA margin stayed stable at 18%. Meanwhile, the company announced a Rs 2.50 interim dividend and signed an MoU with VEDA Aeronautics to develop advanced UAVs and High-Speed Aerial Weapon systems.

US stocks: Wall Street s main indexes opened higher on Thursday as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking.

Indian benchmark indices closed lower for the seventh consecutive session, with selling pressure in banking, FMCG, and IT stocks. Analysts suggest potential bullish reversal signals despite prevailing bearish trends.

Quality Power IPO: Quality Power Electrical Equipments (QPEE) plans to raise ₹225 crore via fresh equity and ₹634 crore through an offer for sale in its IPO, reducing promoter stake to 74%. Specializing in HVDC and FACTS components, QPEE is poised to benefit from rising global renewable energy demand.