Free sandwich, free wi-fi, Rs 1,200 bank bill: Inside India’s airport lounge economyAirport lounges in India seem free, but the reality is different. Banks and card networks cover the cost, paying operators between Rs 600 a...
18 Aug, 2025, 09.03 PM IST
American Express stock drops despite strong Q2 earnings: What investors need to knowAmerican Express reported strong second-quarter earnings, exceeding analyst expectations with a 9% revenue increase to $17.86 billion and E...
18 Jul, 2025, 10.18 PM IST
American Express Q1 Results: Profits jump 34%, helped by jump in new customers, higher spendingAmerican Express's Q1 profits soared by 34%, fueled by increased cardmember spending and interest income growth. The company's revenue sour...
19 Apr, 2024, 10.36 PM IST
American Express profit tops the chart due to doubling of travel and entertainment spendIn the American Express result, travel and entertainment spending had risen 121% as compared to the previous year of pandemic. This level g...
22 Apr, 2022, 09.03 PM IST
AmEx soars most since 2020 after card spending hits recordRevenue will climb as much as 20% this year while earnings could reach $9.25 to $9.65 a share, the company said in a statement Tuesday. AmE...
27 Jan, 2022, 06.53 AM IST
AmEx credit spending slump eclipses profit beat, shares fallCross-border restrictions and a resurgence of COVID-19 cases in several parts of the world have forced people and businesses to put travel ...
23 Apr, 2021, 10.28 PM IST
MobiKwik raises Rs 52 cr from HT group, Kris Gopalakrishnan's family officeThe fresh capital will be used for growth in all key business segments of the firm - digital credit and cards, consumer payments, and payme...
04 Dec, 2020, 02.50 PM IST
Visa, MasterCard beat top financial companies as electronic payments boomVisa and MasterCard produced better risk-adjusted returns than 81 US financial firms as the two benefit from a long-term global shift to e-...
31 May, 2012, 02.07 AM IST
- Quality concerns loom: Top outsourcing customers Amex, Citibank and JPMorgan fret over freshers in IT projects
Growing concerns at large outsourcing customers about the profile of workers assigned to their projects is an early warning for all tech fi...
19 May, 2011, 10.48 AM IST
- American Express 3rd-qtr profit leaps 71 percent
American Express Co. on Thursday said its third-quarter profit jumped 71 percent as its card holders spent more and it wrote off fewer unpa...
22 Oct, 2010, 05.55 AM IST
We'll create new brands for different consumers: Ken Chenault, CEO, American ExpressAmex CEO Ken Chenault believes the infrastructure and the capabilities that the world’s biggest credit card company created for high-end cu...
04 Oct, 2010, 01.05 AM IST
- Credit crisis or not, card cos to thrive
Despite the ‘credit crisis’ of 2008, not much has been said about credit card companies and their role as capital providers to individuals ...
10 Mar, 2010, 01.50 AM IST
'Growth & profitability slow consolidation in BPO sector'Rohit Kapoor, president and CEO of leading third-party BPO vendor, EXL Services, looks at what has changed over the past 10 years and what ...
02 Jan, 2010, 01.32 AM IST
- EXL acquires AmEx's travel services captive in India for $30 mn
Nasdaq-listed BPO firm EXL Service Holdings announced acquisition of American Express’ travel services captive in India for $30 million, an...
07 Nov, 2009, 02.54 AM IST
Offshoring as a business option will continue to growThe $50 bn IT-BPO sector has about $25-30 bn worth of work coming from the US and employs about 2 million engineers.
11 May, 2009, 12.33 AM IST
- StanChart pumps in $250-mn fresh funds
UK-based Standard Chartered Bank, which began its banking odyssey from Kolkata exactly 150 years ago, has big expansion plans in India.
17 Apr, 2008, 04.56 AM IST
- Barclays enters retail banking space in India
Barclays, better known in India for its investment bank as Barclays Capital, is entering the crowded and competitive retail banking space.
18 May, 2007, 03.18 AM IST