Adani Enterprises Limited’s Post

Adani Group Enters Retail Finance with Co-Branded Credit Card! Exciting news! Adani Group, led by Chairman Gautam Adani, has officially entered the retail finance market through a strategic alliance with ICICI Bank. This partnership marks a significant move for the Adani Group and positions them to compete with established players like Tata, Reliance, and Aditya Birla. The co-branded credit card, launched in collaboration with Visa, offers a unique value proposition with airport-linked benefits. Cardholders can earn up to 7% reward points on spending within the Adani Group ecosystem, including: -Adani One app (flight, hotel, train, bus & cab bookings) -Adani-managed airports -Adani CNG pumps -Adani Electricity bills This initiative by Gautam Adani comes amidst Mukesh Ambani's Reliance Industries actively expanding their presence in the financial services sector. The Adani One - ICICI Bank credit card partnership signifies a commitment to innovation and setting new benchmarks in customer experience. #AdaniGroup #ICICIBank #RetailFinance #CreditCards #FinTech #Innovation

Adani makes credit card foray, ties up with ICICI Bank. MUMBAI: Adani Group chairman Gautam Adani has introduced a credit card in alliance with ICICI Bank, marking his foray into retail finance. The partnership will take on competitors like Tata, Reliance and Aditya Birla groups in a crowded Indian market. The billionaire, through his group's digital platform Adani One, and ICICI Bank have launched the credit card with airport-linked benefits in collaboration with Visa. Cardholders will get up to 7% reward points on spends within the Adani Group ecosystem. These include the Adani One app which can be used for booking flights, hotels, trains, buses and cabs. Spending in Adani-managed airports, Adani CNG pumps and Adani electricity bills is also covered . Gautam Adani's initiative comes at a time when Mukesh Ambani's Reliance Industries has aggressive plans in the financial services sector. Last year, Ambani's retail unit and #SBI launched a co-branded credit card on the RuPay payment network. Aditya Birla Group, too, has co-branded credit cards with SBI and AU Small Finance Bank. #AUSmallFinanceBank Adani Group ICICI Bank #ties #creditcard #India #compition #Indianmarket #finance Institute of Banking Skills and Careers #reliance

State Bank of India (SBI) has emerged as India's most profitable company for the April-June quarter of fiscal 2023-24 (Q1FY24), surpassing Reliance Industries, according to data from Capitaline Databases, a comprehensive digital database covering 35,000 listed and unlisted companies in India. During the first quarter of the current fiscal year, the largest lender in the country reported an impressive net profit of ₹18,736 crore, securing the top position in profitability. In a close second place, the Mukesh Ambani-led conglomerate achieved a substantial profit of ₹18,258 crore, according to the data. Notably, ICICI Bank secured a strong sixth position, just behind TCS, showcasing its robust financial performance. Bharat Petroleum Corporation Limited (BPCL) and Adani Power captured the seventh and eighth positions, respectively, reaffirming their positions in the market. Wrapping up the top ten list were Coal India at ninth and Hindustan Petroleum Corporation Limited (HPCL) in the tenth spot. #IndianBusiness #CorporateNews #Profitability #SBI #RelianceIndustries #ICICIBank

My thoughts shared about MSME development on Assocham platform

Reliance's 46th AGM - Key Highlights! Where to now for investors? Hold/sell/buy - short / long term? Key Highlights from Reliance Industries AGM on August 28, 2023. A Reliance Industries Ltd.'s (RIL) Annual General Meeting (AGM) is a bellwether event for the fast-transforming company as well as the fast-growing economy of India and the much-anticipated 46th AGM of RIL took place on August 28. #reliance #relianceindustrieslimited #reliancejio #jiofinancialservices #jioairfiber #jiobharat #relianceretail #qatar #blackrock #dhirubhaiambani #mukeshambani #ishaambani #akashambani #anantambani #nitaambani #greenenergy #carbonemissions #gas #oil #chemicals #india #blockchain #campacola #jio #ai #artificialintelligence #nextgen #cbdc #insurance @Finspirations9 #finspirations9 #finance #economics #money #wealth #fem2w #charteredaccountant #cpa #stayinspired The Channel that leads you from Finance, Economics, Money to Wealth. F E M 2 W Sunil Thakker is a CA / CPA with over 35 years of experience. Disclaimer: The information and opinions contained in these posts are for general information purposes only and are not intended to be a substitute for professional financial advice. I am not a financial advisor, nor do I provide financial advice. You should always seek the advice of a qualified professional advisor before making any investment decisions. Reliance Industries Limited Reliance Foundation Reliance Retail Jio Jio Platforms Limited (JPL) Jio Financial Services Limited

Reinstates the fact that companies wins and grows only and only by contributing back to the society!! Brands built on Social Values will thrive, grow and become sustainable! ‘PPP - Purpose Precedes Profit’ is the mantra, redifining businesses from CSR (Corporate Social Responsibility) to RSC (Responsible Social Corporate). Bandhan Bank Apurva Sircar ABP Network #ABPIdeasOfIndia

📉 Market Snapshot: Today's Market Moves 📉 Keeping a keen eye on market dynamics: 1️⃣ Adani Enterprises: -1.59% 2️⃣ Adani Ports & Speci: -1.20% 3️⃣ IndusInd Bank: -1.18% 4️⃣ Power Grid Corpo: -1.00% 5️⃣ Reliance Inds.: -0.97% Market fluctuations are part of the journey! 📊 Embracing the challenges, adapting strategies, and staying informed. 💼 Investors, let's navigate these waves together. 🌊 #MarketUpdate #StockMarket #AdaniEnterprises #AdaniPorts #IndusIndBank #PowerGridCorporation #RelianceIndustries #FinancialInsights #InvestmentStrategies #AdaptToChange #MarketTrends 📈📉

𝐘𝐞𝐬, 𝐢𝐭'𝐬 𝐚 𝐞𝐱𝐭𝐫𝐚𝐨𝐫𝐝𝐢𝐧𝐚𝐫𝐲 𝐧𝐞𝐰𝐬 𝐭𝐨 𝐬𝐡𝐚𝐫𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐢𝐧𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐫𝐞𝐭𝐚𝐢𝐥 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐬𝐞𝐜𝐭𝐨𝐫, 𝐰𝐡𝐞𝐫𝐞 𝐭𝐡𝐞 𝐀𝐝𝐚𝐧𝐢 𝐆𝐫𝐨𝐮𝐩 𝐡𝐚𝐬 𝐮𝐧𝐯𝐞𝐢𝐥𝐞𝐝 𝐢𝐭𝐬 𝐧𝐞𝐰 𝐜𝐨-𝐛𝐫𝐚𝐧𝐝𝐞𝐝 𝐜𝐫𝐞𝐝𝐢𝐭 𝐜𝐚𝐫𝐝 𝐢𝐧 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐰𝐢𝐭𝐡 𝐕𝐢𝐬𝐚. 𝐓𝐡𝐢𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐦𝐨𝐯𝐞 𝐢𝐬 𝐬𝐞𝐭 𝐭𝐨 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐭𝐡𝐞 𝐞𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐠𝐢𝐚𝐧𝐭𝐬 𝐥𝐢𝐤𝐞 𝐓𝐚𝐭𝐚, 𝐑𝐞𝐥𝐢𝐚𝐧𝐜𝐞, 𝐚𝐧𝐝 𝐀𝐝𝐢𝐭𝐲𝐚 𝐁𝐢𝐫𝐥𝐚 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐝𝐲𝐧𝐚𝐦𝐢𝐜 𝐦𝐚𝐫𝐤𝐞𝐭. Major Take Aways: A. Exclusive Airport Benefits: Enjoy a range of airport-related perks. B. Generous Reward Points: Earn up to 7% reward points on purchases within the Adani ecosystem. C. Versatile Redemption Options: Use reward points for bookings on the Adani One app, covering flights, hotels, trains, buses, and cabs. D. Broad Applicability: Points can also be redeemed at Adani-managed airports, CNG pumps, and on Adani electricity bills. This initiative, introduced through 𝓐𝓭𝓪𝓷𝓲’𝓼 𝓭𝓲𝓰𝓲𝓽𝓪𝓵 𝓹𝓵𝓪𝓽𝓯𝓸𝓻𝓶 𝓐𝓭𝓪𝓷𝓲 𝓞𝓷𝓮, marks a significant leap forward in enhancing customer experience and loyalty within the Adani ecosystem. Reliance Industries: Mukesh Ambani’s powerhouse launched a co-branded credit card with SBI on the RuPay network last year, marking its presence in the financial services domain. Aditya Birla Group: Collaborated with SBI and AU Small Finance Bank to offer their own co-branded credit cards. This development is not just a testament to Adani’s #commitment to #innovation and customer-centric solutions but also a signal of the intensifying #competition in India’s #financial services sector. As these major conglomerates #continue to diversify and #expand their financial offerings, consumers stand to #benefit from a plethora of options and enhanced #services. #fintech #adanigroup #creditcard #icici #adanione #airport #redemption #retailfinance #bankloan #visacard #mastercard #electricity #cngpumps #creativity #solutions #innovation #financelending #collaboration #sbi #adityabirlagroup #relianceindustry #digitalplatform #digitalbanking #netbanking #digitallending #customers #financeadvise #startupmentor #bankaudit #bankingindustry #statebankofindia #fintech #opportunities #enhancement

Team Kautilya presents daily Financial and Economic News Jio Financial to be removed from FTSE Indices Jio Financial Services is being removed from several FTSE Indices for failing to commence trading after 20 business days. A notice shared by FTSE Russell said that the company had also not announced a firm trading date since its inclusion on July 20. The omission will come into effect from August 22. Source: http://surl.li/keyoy RBI issues detailed guidelines to reset floating rate loan EMI On August 18, RBI issued EMI rate reset rules for floating interest loans. Lenders must inform borrowers promptly about EMI/tenor changes due to benchmark rate shifts. Source: http://surl.li/keyra Adani says Abu Dhabi's TAQA is not in talks for $2.5 billion investment in power business Adani Transmission denies $1.5-2.5B TAQA investment. TAQA considers expanding into Adani Group's power businesses. Source:htthttp://surl.li/keytc Team Kautilya Website -www.kautilyaibsmumbai.com Instagram - https://lnkd.in/dWeJnbF4 Blog - https://lnkd.in/drBpzWEK LinkedIn - https://lnkd.in/dHXaDuNz YouTube - https://lnkd.in/draUvtAE