SaveSage and IndiGo’s new alliance rewards consumers with airline points for routine household payments, signalling a strategic shift in India’s burgeoning credit card ecosystem and travel loyalty landscape. SaveSage has teamed up with IndiGo’s BluChip loyalty scheme to let customers…
The Delhi bench of the Income Tax Appellate Tribunal has referred a case involving common area maintenance charges back for renewed consideration, highlighting the ongoing debate over whether such payments should be taxed under section 194C or 194-I of the…
Tata Capital’s CEO affirms the company’s minimal exposure to revolving credit amid India’s Reserve Bank proposal to limit non-bank financial firms to fixed-term loans, aiming to curb risk of evergreening and protect financial stability. Tata Capital said its exposure to…
The Reserve Bank of India’s plans to curb non-bank lenders from offering revolving credit could reshape product offerings, but Tata Capital expects limited impact due to their small exposure in this segment and readiness to comply with new regulations. The…
The Bengaluru Income Tax Appellate Tribunal has clarified that demand notices and computation sheets cannot be used to generate new tax liabilities when the assessment order accepts the taxpayer’s return without modifications, setting a precedent for limited use of supplementary…
Erste Group Bank has nudged up its earnings outlook for ICICI Bank, boosting its fiscal 2027 projections amid positive investor sentiment and recent strong quarterly results, while the stock remains within its 52-week range. Erste Group Bank has nudged up…
Cantabil Retail India sets sights on crossing ₹1,000 crore in revenue this year, leveraging larger formats and expanding product lines to accelerate growth in Tier 1 and Tier 2 cities. Cantabil Retail India is aiming to cross ₹1,000 crore in…
Gold prices in New Delhi hit a two-month peak for the sixth consecutive session, driven by investor anticipation of key US inflation figures and ongoing economic uncertainties, with silver also gaining sharply. Gold prices in New Delhi rose for a…
Poonawalla Fincorp’s shift into broader retail lending is paying off, with strong quarterly results and projections of rapid expansion driven by digital innovation and product diversification. Poonawalla Fincorp’s shift into a broader retail lending business is starting to show up…
Manappuram Finance has declared a ₹1 interim dividend following a 341.4% surge in Q1 net profit, supported by strong gold loan growth and branch expansion, while seeking approval for higher borrowing limits. Manappuram Finance has declared an interim dividend of…
