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Bloomberg Quint
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Travel Credit Cards: Check Benefits, Charges And Other Key Details
- The best travel credit cards offer a range of perks like free airport lounge access, travel insurance, reduced foreign-transaction fees and exclusive-partner deals for shopping.
- Travel credit cards come loaded with several other benefits, including cashback, reward points on hotel and flight bookings.
- Key features of travel credit cards include reward points and air miles, complimentary airport lounge access, waivers on forex transactions, and travel insurance.
- Charges on travel credit cards include annual and joining fees, foreign exchange markup fees, interest rates, and redemption charges.
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Bloomberg Quint
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Why India Could Benefit From An International Commercial Court
- The article discusses the potential benefits of establishing an International Commercial Court (ICC) in India amidst the global competitiveness for attracting investments and legal business.
- It highlights the need for a flexible and efficient mechanism to resolve cross-border commercial disputes that meets the needs of commercial litigants engaged in trade and business across borders.
- International Commercial Courts combine judicial structure with processes tailored for international commercial disputes, enhancing efficiency in resolving such disputes.
- Establishing an ICC in India could attract foreign investment, provide an alternative dispute resolution option, and enhance India's position as a dispute resolution hub.
- ICCs offer features like confidentiality of proceedings, expertise in international commercial law, streamlined procedures, and international panels of judges with diverse legal expertise.
- The establishment of an ICC in India could lead to the expansion of the legal services market, attract cross-border litigation, and impact the development of commercial jurisprudence.
- Considerations for an Indian ICC include stakeholder consultations, composition of judges, extent of jurisdiction, enforcement mechanisms, and alignment of objectives across legal, governmental, and commercial sectors.
- Enforceability of ICC decisions under existing reciprocal arrangements and potential legislative frameworks for enforcement are highlighted as crucial aspects in establishing an ICC in India.
- Parties from emerging economies and BRICS countries engaged in business with India could find an Indian ICC backed by a strong legal system and specialized judges in commercial law as a cost-effective dispute resolution option.
- The article emphasizes the increasing global competition for legal business and investments, urging stakeholders to seriously consider the establishment of an ICC in India.
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Bloomberg Quint
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313
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Should You Extend Your PPF Account After Maturity? Here's What You Need To Know
- Public Provident Fund (PPF) is a popular savings scheme in India with triple tax benefits.
- Investors have the option to extend their PPF investment beyond the 15-year lock-in period in blocks of five years.
- To continue the PPF account after maturity, subscribers must exercise this option within one year.
- Financial experts suggest extending the account to maximize returns if immediate funds are not required.
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Bloomberg Quint
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145
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BlackRock Emerges As Largest Investor In Adani’s $750 Million Bond Issue
- Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the $750-million private bond issuance by the Adani Group.
- BlackRock invested over $250 million, accounting for roughly one-third of the total issue.
- Adani Group officials are under scrutiny following a US Department of Justice indictment in a bribery case.
- BlackRock's move marks its first private placement in India's infrastructure sector.
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Economic Times
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Bower School of Entrepreneurship raises Rs 11.5 crore in seed funding
- Bower School of Entrepreneurship has raised Rs 11.5 crore in seed funding.
- "The investment will accelerate Bower’s mission to replace outdated education models with hands-on, real-world learning—from school classrooms to executive boardrooms through strategic allocations across different verticals."
- Bower plans to launch an undergraduate programme in August 2025 and set up physical campuses in different regions.
- The funding will be used to enhance student experiences, develop an AI-powered course builder, and achieve a revenue target of more than Rs 15 crore.
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Bloomberg Quint
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377
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Foreseeing Fierce Competition With China In New Markets As We De-Risk From US: EEPC Chairman Pankaj Chadha
- India's engineering exports sector is facing fierce competition from China as both countries look to expand into overlapping markets.
- The United States' tariff regime is not showing signs of easing, which could result in losses of $4-5 billion for Indian engineering exporters.
- China is also targeting new markets such as Latin America, Central America, West Africa, and North Africa, posing intense competition for India.
- The Engineering Export Promotion Council (EEPC) has cautioned exporters against falling for tariff evasion tactics and emphasized the need for de-risking and finding fresh markets.
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Bloomberg Quint
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US' 90-Day Tariff Pause Creates Critical Strategic Window; India Must Act Swiftly, Decisively: ICEA
- US President Donald Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries after imposing record high levies
- The pause creates a strategic window for India to attract electronics manufacturing investments, particularly from companies diversifying their production bases beyond China
- Pankaj Mohindroo, Chairman of ICEA, emphasizes the need for India to act swiftly and decisively to take advantage of this window
- Delays in leveraging this favorable period may result in missed opportunities, as companies may opt for alternative destinations
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Bloomberg Quint
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224
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Audi India Expands Electric Vehicle Charging Initiative To Over 6.500 Points
- Luxury carmaker Audi India has installed over 6,500 electric vehicle charging points across the country as part of its 'Charge My Audi' initiative.
- The Phase-II expansion added over 5,500 new charging points in strategic locations, including highways, urban hubs, and commercial destinations, to enhance the convenience and accessibility for Audi e-tron owners.
- Audi India has partnered with 16 new EV infrastructure providers to strengthen the charging network and support the growing demand for electric vehicles.
- The expansion aims to reduce charging times and improve the overall ownership experience for Audi electric vehicle customers.
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Bloomberg Quint
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243
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Biocon Biologics Gets USFDA Approval For Cancer Biosimilar
- Biocon Biologics, a subsidiary of Biocon Ltd, has received approval from the US Food and Drug Administration (USFDA) for Jobevne (bevacizumab-nwgd), a biosimilar cancer treatment product.
- Jobevne is a vascular endothelial growth factor (VEGF) inhibitor that is used to treat different types of cancer by restricting blood supply to the tumor.
- The approval expands Biocon Biologics' biosimilar oncology portfolio in the US and is their seventh biosimilar approved in the country.
- In 2023, the sales of bevacizumab, the reference product for Jobevne, stood at around USD 2.0 billion in the US.
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Eu-Startups
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Investment firm Northern Gritstone secures €58 million for life sciences and DeepTech
- Manchester-based Northern Gritstone secures €58 million in funding for life sciences and DeepTech.
- The latest funding brings the total permanent capital to €422 million.
- €40 million is contributed by Northern LGPS, with an additional €17 million from new investors Fulcrum Asset Management and Aviva.
- Northern Gritstone focuses on supporting university spin-outs in deep tech and life sciences.
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Bloomberg Quint
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407
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TCS Q4 Results: Net Profit Falls 1.26%, Margin Contracts
- Revenue of Tata Consultancy Services Ltd rose marginally to 0.79% over the previous three months to Rs 64,479 crore in the quarter ended March 31, 2025.
- Key Highlights (QoQ): Revenue up 0.79% at Rs 64,479 crore, EBIT down 0.36% to Rs 15,601 crore, Margin contracted 27 basis points to 24.19%, Net profit fell 1.26% to Rs 12,224 crore.
- Margins in the fourth quarter dipped 30 basis points sequentially at 24.2%, from 24.5% last quarter.
- The banking, financial services and insurance vertical saw a 0.7% YoY growth, lower than the 0.9% recorded last quarter. Consumer business hiked 0.3%, manufacturing rose 2.9%, and the energy and resources and utilities vertical grew 5.1%.
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Bloomberg Quint
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251
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TCS Declares Rs 30 Per Share Final Dividend For FY25
- Tata Consultancy Services has recommended a final dividend of Rs 30 per share for the financial year ending March 2025.
- The dividend payout is subject to shareholder approval and will be paid out on the fifth day after the company's 30th Annual General Meeting.
- TCS reported its Q4 results with a 5% rise in profit, revenue at Rs 64,479 crore, EBITDA at Rs 15,601 crore, a margin of 24.19%, and a net profit of Rs 12,224 crore.
- This is a developing story.
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Bloomberg Quint
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250
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Ambedkar Jayanti 2025: Date, History, Significance, Holiday And More
- Ambedkar Jayanti is observed annually on April 14 to celebrate the birth anniversary of Dr. Bhimrao Ramji Ambedkar, the 'Father of the Indian Constitution'.
- Dr. Ambedkar played a significant role in drafting the Constitution of India and was a multifaceted personality with achievements in economics, law, politics, and social reform.
- Born into a Dalit family, Dr. Ambedkar faced discrimination early in life and went on to pursue education from renowned institutions like Columbia University.
- The Government of India has declared April 14 as a public holiday in honor of Dr. Ambedkar, with all central government offices and industrial establishments remaining closed.
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Dev
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☕ BuyMeAChai — A Minimal UPI-Based Support Platform for Indian Developers and Freelancers
- BuyMeAChai is a lightweight, no-login platform for Indian developers, freelancers, and indie creators to receive financial support via UPI.
- The platform offers a zero-commission, UPI-native way to receive tips or support without middlemen and no fees.
- It provides instant setup, a shareable landing page with your name and UPI ID, and a secure, minimal design.
- BuyMeAChai is built for developers, freelancers, indie creators, and side hustlers to receive appreciation and support for their work.
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Bloomberg Quint
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377
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Chhaava OTT Release Date: When And Where To Watch Vicky Kaushal's Latest Film Online?
- Vicky Kaushal's film 'Chhaava' is set to release on Netflix on Friday, April 11.
- The film has earned over Rs 594 crores since its release on February 14.
- It depicts Maratha ruler Chhatrapati Sambhaji Maharaj's resistance against Mughal ruler Aurangzeb.
- The film has been widely praised and is considered one of the biggest hits of 2025.
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