Axis Bank announced changes to the Airtel Axis Bank Credit Card, altering cashback mechanics and removing airport lounge access. These modifications will take effect on April 12, 2026, marking a significant shift for cardholders who have enjoyed the previous benefits.

Previous Cashback Structure

The card previously offered a robust cashback structure, providing 25% cashback on Airtel payments, capped at INR 250 per month. Additionally, it granted 10% cashback on utility payments made via the Airtel Thanks app, also capped at INR 250 monthly. Other features included 10% cashback on purchases from Swiggy, Zomato, and BigBasket, along with 1% cashback on all other spends.

New Cashback Mechanics

Under the new structure, cashback caps will now depend on the amount of base cashback earned in the same statement cycle, a change that may complicate the straightforward benefits that made the card popular. The previous cashback on Swiggy, Zomato, and BigBasket has been replaced with a 10% value back on Zomato, Blinkit, and District Movies, with a maximum value back of INR 200 per partner per month. However, this is contingent upon a minimum order value of INR 499 for Zomato and Blinkit.

Removal of Lounge Access

Another notable change is the removal of complimentary domestic lounge access, which previously allowed cardholders 4 visits per year. This benefit was a significant draw for many users, particularly frequent travelers who valued the convenience of lounge access.

Impact on Cardholders

The alterations to the Airtel Axis Bank Credit Card dilute the simplicity that made the card appealing to a broad audience. The previous structure was considered one of the strongest cashback offerings in the sub-INR 1,000 annual fee category, and these changes may lead to dissatisfaction among existing users.

Looking Ahead

As the implementation date approaches, observers are keen to see how these changes will impact cardholder satisfaction and usage rates. Details remain unconfirmed regarding any potential responses from Axis Bank or Airtel to customer feedback following the announcement.

The post Airtel axis bank credit card: Changes to the : What You Need to Know appeared first on newscri.

As of March 6, 2026, Tech Mahindra’s price-to-earnings (P/E) ratio stands at 27.06, with a current market price of ₹1,333.00. The company’s share price has seen a significant decline of 19.02% over the past month.

In addition to the P/E ratio, Tech Mahindra’s price-to-book value (P/BV) ratio is 4.75, while the enterprise value to EBIT (EV/EBIT) is 19.43. The EV to EBITDA ratio is reported at 15.08, and the PEG ratio is 0.94.

Investors may also note that Tech Mahindra offers a dividend yield of 3.37%. The company’s return on capital employed (ROCE) is 26.62%, and the return on equity (ROE) is 16.31%.

Historical Performance

Over the past decade, Tech Mahindra has delivered a robust return of 195.24%, closely mirroring the Sensex’s appreciation of 224.65%.

In a recent statement, Amol Phadke, Chief Transformation Officer at Tech Mahindra, highlighted the reliance of network operations centers on rule-based workflows, indicating a need for modernization in operational processes.

Furthermore, Chris Penrose, Vice President of Global Business Development at NVIDIA, emphasized the potential of their collaboration with Tech Mahindra to integrate AI systems in live network operations, enhancing adaptability and learning capabilities.

Looking Ahead

As Tech Mahindra continues to navigate the evolving landscape of technology and telecommunications, observers are keenly watching how these financial metrics will influence its strategic decisions and market positioning.

Details remain unconfirmed regarding future projections and potential impacts from ongoing collaborations within the industry.

The post Tech Mahindra: Financial Update as of March 2026 appeared first on newscri.

On March 6, 2023, Bharat Sanchar Nigam Limited (BSNL) launched its 5G SIM cards across India, marking a significant step in the country’s telecommunications landscape. This rollout comes as part of BSNL’s broader strategy to enhance its services and compete with major players like Jio and Airtel.

The new 5G SIMs are designed to provide seamless upgrades for existing 4G users, allowing them to transition smoothly to the latest technology. BSNL has upgraded more than 92,000 towers nationwide to be 5G-ready, ensuring robust infrastructure for its customers.

The pricing for the new 5G SIM cards starts at ₹10 for basic activation, making it accessible for a wide range of users. Additionally, unlimited 5G data is available on select prepaid plans starting from ₹500, catering to the growing demand for high-speed internet.

Early adopters in major cities like Delhi and Mumbai have reported impressive download speeds exceeding 500 Mbps, showcasing the potential of BSNL’s new network. This development aligns with BSNL’s revival strategy, blending homegrown technology from C-DOT and Tejas Networks to bridge the digital divide.

Telecom Minister Jyotiraditya Scindia has urged users to replace their older SIMs to experience optimal performance with the new 5G services. This push from the government highlights the importance of upgrading infrastructure to meet modern connectivity needs.

BSNL aims for full 5G coverage across the country by mid-2026, a target that reflects its commitment to enhancing digital access for all citizens. The initiative is expected to significantly impact the telecommunications sector in India, fostering competition and innovation.

As BSNL continues to roll out its services, the response from users and the overall market dynamics will be crucial in determining the success of this ambitious plan. The company’s focus on utilizing indigenous technology is also a notable aspect of its strategy.

Overall, the launch of BSNL’s 5G SIM cards represents a pivotal moment for the telecom industry in India, with the potential to reshape how users connect and interact with digital services.

The post Bsnl 5g Launches Nationwide with New SIM Cards appeared first on newscri.