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Major credit card rule changes of big banks that will come into effect in July: SBI Card, HDFC Bank, ICICI Bank, Citibank
New credit card rules: Many major banks have implemented significant modifications to the credit card services. Let's examine the important changes to credit card services offered by these major institutions, which will take effect in July.
PhonePe in talks with top smartphone brands to pre-install Indus Appstore
PhonePe launched its own Android-based app store, challenging Google's billing policy and commissions. It onboarded popular apps and gaming majors, offering zero listing and platform fees.
ICC revenue surges on $719 mn boost from WC 2023
Broadcaster Star India, which had acquired ICC media rights for 2015-23, paid $1.8-2 billion for the period. Most of the media rights fee payment was back loaded which means majority of the payment was to be made towards the end of the rights cycle.
Credit cards for international airport lounge access of HDFC Bank, Axis Bank, Yes Bank: Complimentary lounge access, other benefits
Top airport lounge credit cards: The credit cards listed below offer considerable number of complimentary visits to international as well as domestic airport lounges, along with other travel and lifestyle benefits
Adani Group & ICICI Bank launch co-branded credit cards with airport lined benefits
Adani Group and ICICI Bank have joined hands to introduce co-branded credit cards offering airport-linked benefits, aiming to enhance customer experience across various businesses. The Adani One app, launched in December 2022, serves as a digital platform for booking tickets, accessing airport facilities, and more. The cards provide perks like Adani Reward Points on various spends, premium lounge access, free air tickets, discounts on duty-free shopping, and F&B expenses at airports.
Investors rejoice: Surakshit Nivesh Yojna (PDPMY Phase-2) launches at Delhi Mall Complex
Raheja Developers launches Surakshit Nivesh Yojna (PDPMY Phase-2) at Delhi Mall Complex, offering investment opportunities with shop sizes from 40-150 Sq. Ft. and special benefits for senior citizens and women.
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Why Mukesh Ambani can't ignore a new consumer habit
Reliance Industries (RIL) chairman Mukesh Ambani is expanding the company's retail empire to include quick commerce services through JioMart. This move aims to compete with players like Blinkit and BigBasket, leveraging Reliance's extensive reach and resources. The shift towards quick commerce reflects changing consumer habits, favoring convenience and instant deliveries.
New credit card rules, changes in May 2024: These 4 banks have revised their credit card rules
Credit card customers should be aware of the changes and make sure to follow the latest fee and guidelines set by the bank or credit card company. The top banks that have revised their credit card rules this month are Bank of Baroda, Yes Bank, IDBI Bank, and HDFC Bank.
New credit card rules: Bank of Baroda hikes interest rates and late payment fees on this credit card
Bank of Baroda credit cards: The hiked rates are applicable from June 26, 2024, as per the Most Important Terms and Conditions pages on the GetOnecard website.
Visa fee hike hits IT cos; Airport cab fares set to rise
Happy Friday! The hike in H-1B visa fee will hurt IT service companies severely, experts have warned. This and more in today’s ETtech Morning Dispatch.
It's open season on international students across the world; and countries have billions at stake
Countries are reevaluating visa programs and education exports as student numbers surge, impacting housing costs, public services, and financial contributions. The debate involves higher-education providers, employers, tuition fees, migration policies, funding models, the role of the Office for Students, and government language affecting international student perceptions.
PVR Inox looks to grow pre-ticketing F&B biz post its JV with Devyani
PVR Inox has partnered with Devyani International to expand into the food and beverage sector. Devyani will hold a 51% stake, while PVR will have 49%. This joint venture aims to boost pre-ticketing F&B revenue through branded food courts adjacent to cinemas. In FY24, PVR Inox's F&B sales rose 21% to Rs 1958 crore. The company plans to open 5-6 food courts initially. PVR Inox is also shifting to a capital-light model, reducing capex and adding new screens through a franchise model.
Top travel credit cards with most value-back: Airport lounge access, discounts on airfare, business class vouchers, rewards
Top travel credit cards: Here are some of the top banks' travel credit cards providing significant value-back on travel spends. Some of these cards are co-branded with popular travel portals or airlines while others offer general travel benefits.
Nestle India shares jump 3% as shareholders reject royalty hike
The jump in stock price happened after the MNC's shareholders turned down a proposal to increase royalty payments to Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5% to 5.25%.
Vedanta subsidiary raises pricey Rs 1,804 crore debt to lend to parent
Vedanta Semiconductors, a wholly owned subsidiary of Vedanta, raised Rs 1,804 crore in debt from private creditors such as Varde Partners and Davidson Kempner. The proceeds will be used to lend to Vedanta Ltd to repay its debt, said people with knowledge of the matter.
HDFC Bank launches virtual credit card: Up to 5% cashback, Rs 500 annual fee; check all features
HDFC Bank has launched a new digital credit card called Pixel Play Credit Card that allows allows you to customize benefits to fit your lifestyle. Here is a look at important features of HDFC Bank’s Pixel Play Credit Card, as per the HDFC Bank website.
Best Selling Godrej ACs under 40000 in India 2024 (May)
The summer season has completely taken over the country and is making us bear extremely hot days. On such days, air cooling systems like air conditioners work like magic and provide much-needed relief from soaring temperatures. In this article, we have curated a list of the best Godrej ACs, equipped with the latest technologies including a 5-in-1 convertible mode, self-cleaning mechanism, and silent operation to help you get through the season.
Tata Sons raises royalty fee 2x to Rs 200 crore
The owner of the Tata brand name kept the royalty fee at Rs 100 crore for a period of five years, before finally raising it by two times. TCS, TaMo and others will now have to pay Rs 200 crore as royalty fee to Tata Sons.
Kanye West accused of workplace harassment: Rapper showed friend's nude photos to employees, lawsuit claims
The lawsuit against Kanye West alleges that he engaged in lewd behaviour and shared nude photos with employees during a meeting at Nobu Hotel in Malibu, California. Trevor Phillips, a former staffer, claims West made inappropriate sexual remarks, simulated masturbation, and displayed bias against black staffers while favouring white employees. The lawsuit also accuses West of making derogatory comments about Jewish people and threatening harm to the LGBTQIA+ community. Phillips is seeking damages for discrimination, harassment, and a hostile work environment.
Lava to explore legal options after court ruling in Ericsson case
The High Court asked Lava to pay Rs 244 crore in damages along with 5% interest to Ericsson for infringing on the latter’s 2G and 3G patents. The court held that seven out of the eight standard essential patents (SEPs) over which Ericsson claimed ownership were valid. SEPs are patents that are deemed essential for the implementation of a particular industry standard, especially in telecommunication electronics or other technology sectors.
Top banks' co-branded credit cards: Cashback offers, fuel surcharge waiver, discounts, freebies, annual fee
Top co-branded credit cards: Banks and other credit card issuers offer credit cards in collaboration with popular brands across different segments. Let us look at the top banks' co-branded credit cards across different spending categories such as shopping, dining, travel, movies, fuel and more.
Amazon India to revise seller fees from April 7
Prices may rise for beauty, personal care products as marketplace major revises charges for merchants
Status quo for Indian apps in Google row; D2C brands push offline
Google is providing an extended timeline to ten companies to pay the service fee applicable for in-app purchases made by users. According to sources, the timeline will be stretched till the time there is a concrete verdict from the Supreme Court.
Top banks' credit cards with low annual fee
Credit cards with low annual fees: Listed below are the top banks' low annual fee credit cards which are chosen basis the overall value-back they offer in the form of reward points, cashback, discount, etc. across different spending categories.
American Airlines is raising bag fees and changing how customers earn frequent-flyer points
American Airlines is increasing bag fees and encouraging customers to buy tickets directly to earn frequent-flyer points. Bag fees will be $35 online and $40 at the airport. Customers with elite status, premium-class tickets, or an American-branded credit card may get a free checked bag.
American Airlines is raising bag fees and changing how customers earn frequent-flyer points
American announced Tuesday that most customers will have to buy tickets directly from the airline or its partner carriers if they want to earn points in its AAdvantage loyalty program. Corporate travelers won't be affected by the change. The airline said checking a bag will rise from $30 now to $35 online and $40 if purchased at the airport. The fee for a second checked bag will rise from $40 to $45 both online and at the airport.
Kartik Aaryan's brand empire: How the new superstar is ruling advertising world
Kartik Aaryan has emerged as a dominant force in both Bollywood and the advertising world, leveraging his successful film career and charismatic persona to become a sought-after brand ambassador. With a string of blockbuster films and a relatable on-screen presence, Aaryan's brand value has soared, attracting a diverse range of endorsements.
Meta's Facebook, Instagram to charge Apple service fee for posts 'boosted' via iOS apps
Meta Platforms announced that businesses purchasing a "boost" for posts on iOS versions of Facebook and Instagram would need to pay an extra 30% service charge to Apple. Advertisers can boost content on Instagram and Facebook via a browser without paying Apple's service charges. Meta will start implementing the changes this month in the United States.
SoftBank sheds Paytm stake; NFT investors decry Rario shutdown
SVF Holdings (Cayman) Ltd, a SoftBank entity, sold 12.7 million equity shares of Paytm between December 19, 2023 and January 24, according to a stock exchange filing by SoftBank.
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