/
•
•
Axis, in particular is making its rewards programme less lucrative while also cracking down on potentially fake payments—something we’ve discussed before.

The Manoj Chacko-led regional airline has had a promising start. Will the lessons of the past keep it on course while it expands?
Aggressive expansion, continued dependence on its parent for business, and an adverse shift in the product mix weigh on profitability as well as investor sentiment.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.