Zomato has agreed to drop a contract term ‌that penalised restaurants for offering cheaper meals to walk-in diners, Reuters reported citing a source, after opposition from eateries. For years, Zomato has ​had a "charges for price disparity" clause, which allowed it to fine restaurants if ⁠their eat-in or own delivery prices were lower than those listed on the Zomato app.

Chinese authorities have uncovered a scam involving thousands of "ghost" vendors using forged documents to list on food delivery apps. The probe began after a man received a cake with an inedible decoration and reported the outlet. Officials found the bakery had no physical presence despite claiming 400 locations. Authorities have imposed over $500 million in fines on major platforms.

Andhra Pradesh is set to become the first state to announce a policy allowing private firms outside the power industry to apply for a discom licence, ThePrint reported. Under the policy, firms with more than 300 megawatts (MW) of power requirement can apply. The move aims to meet the needs of large data centres, steel plants and other manufacturers.

US remains the world's top destination for ultra-rich individuals, with more than 2,51,352 ultra-high-net-worth individuals (UHNWIs) worth over $30 million, according to Knight Frank's Wealth Report 2026. US is followed by China with 1,21,677 UHNWIs, Germany (38,215), UK (27,876) and France (21,518). India ranked sixth with 19,877 UHNWIs followed by Japan (18,914) and Switzerland (17,692).

Warner Bros Discovery's shareholders on Thursday approved the company's proposed $110 billion merger with Paramount Skydance. The deal was announced in February after Netflix withdrew its bid to buy the studio's assets. Stakeholders will receive $31 in cash for each share of Warner Bros common stock they own once the agreement goes through, Bloomberg reported.

Fintech startup Slice is in talks to raise $80-100 million (about ₹941 crore) from Accel, Elevation Capital, and Peak XV Partners, according to Moneycontrol. This would mark its first major funding round since becoming a small finance bank. The ongoing talks value the company at just under $1 billion, reflecting a drop from its $1.3-$1.4 billion valuation in 2022.

SoftBank is looking to raise a $10-billion loan by leveraging its stake in OpenAI, Bloomberg reported. It secured a $40-billion bridge loan earlier this year for AI investments. The proposed two-year margin loan would include an option to extend it by another year. The Japanese investor had earlier committed $30 billion to OpenAI through its Vision Fund 2.

Andhra Pradesh-based startup Red Balloon Aerospace will launch its first super pressure balloon (SPB) in the coming months. It'll be placed in a high-altitude stratospheric layer between 20 and 40 kilometres from Earth's surface. It aims to provide a host of services, including telecommunications coverage in rural regions. SPBs are high-altitude balloons used for long-duration scientific missions.

AMD slipped 0.5% premarket but holds above $300, aiming for a seventh weekly gain. The chipmaker recently unveiled its new Ryzen 9 processor. Analysts predict 38% revenue growth to $9.87 billion for Q1 earnings in May. Strong AI demand and robust analyst support continue to fuel the rally.

Filmmaker Nikkhil Advani said the Indian film industry continues to rely on star-led economics for theatrical releases, even as OTT platforms reshape storytelling. Speaking on a podcast, he highlighted challenges in scaling globally, evolving audience behaviour, and how data and platform feedback are influencing content creation.