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Hospitality startup Oyo’s early investors, such as Lightspeed Venture Partners, are in talks with family offices to divest a portion of their stake at a valuation of around $3.9 billion, sources told us. This stake sale is at a premium of more than 60% to the Rs 1,457 crore funding round in August 2024 when top family offices invested in the now profitable hospitality startup.

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State-run SBI could report profit after tax (PAT) growth upwards of 80% on the back of comparatively better deposit growth and lower wage costs, while HDFC Bank may report less than 7% rise in PAT amid muted loan and deposit growth across the banking sector.

The central bank has initiated liquidity infusion measures, including daily variable rate repo (VRR) operations and significant dollar-rupee buy-sell swaps, to address a notable liquidity deficit in the banking system and align call rates closer to the policy repo rate, maintaining stability in India’s money markets.

Sebi resolved 5,636 complaints in December 2024 via its SCORES platform, with 5,383 remaining unresolved by the end of the month. The upgraded system showcases high efficacy with an average resolution time of eight days for ATRs and five days for first-level reviews.

Proxy advisory firms urge regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing significant increases in payouts to promoters and conflicts of interest. A study shows that many resolutions benefiting promoters would be rejected under stricter voting rules, highlighting inequities in compensation.

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The Nifty Realty index was trading 1.01 per cent at 917.40.

Reliance Industrial Infrastructure Q3 Results: The company reported a drop in Q3 net profit due to lower utilisation of infrastructure assets. Profit fell to Rs 2.74 crore while revenue decreased by 9.4% to Rs 18.60 crore. The company provides infrastructure services to Reliance Industries and has no current expansion plans.

Goldman Sachs achieved its highest profit since Q3 2021, driven by strong dealmaking, debt sales, and trading. The bank reported $11.95 per share in Q4, beating expectations. Revenue surged across investment banking, asset and wealth management, with significant contributions from equity traders and a recovering M&A market.

A 52-week low is the lowest price a stock has reached in the past year, which could signal buying opportunities for strong stocks or indicate underlying issues within the company.

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