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Good to Know: Axis Direct, Tata Power, Mumbai International Airport, Snapdeal

Axis Direct, the online brand of India’s leading broking firm Axis Securities, announced the launch of FinPlan – a holistic financial planning and wealth-building platform powered by Finbingo (a SEBI registered Investment Advisor). A communiction from Axis Direct said the platform takes a scientific approach to analyze the data, which helps investors get an in-depth analysis of all financial instruments. FinPlan simplifies financial planning to make informed investment decisions best suited to one’s short and long-term goals. This tool guides investors in their journey by closely monitoring their investments through three powerful offerings – Portfolio Doctor, Wealth Builder, and Tax Planner. The communication said Portfolio Doctor charts out an unbiased analysis of the investments every month, allowing investors to reassess, plan and maximize the investment potential. To maintain a healthy investment portfolio, this unique offering assists in tracking all the MF investments, measuring the credit quality of funds, identifying the laggards, and weeding out the non-performing funds. Wealth Builder is a technology-driven tool that takes stock of an investor’s financial status and suggests the required growth avenues. Its customized offering is suitable for both – a novice investor and a seasoned player. Tax Planner is a simple tool designed to maximize tax savings. This instrument analyses an investor’s current investment situation and guides to stay on top of tax obligations. Tax planning optimizes spending habits by scientifically examining the investments, expenses, and liabilities, making it easier to file returns at the end of the financial year.

Tata Power has collaborated with Rustomjee Group, the leading real estate developer, to provide end-to-end EV (Electric Vehicles) charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region (MMR). Under this collaboration, Tata Power will install dedicated charging infrastructure for residents of Rustomjee in Mumbai MMR. EV owners will have the access to a 24×7 charging facility along with maintenance support. Customers can connect through the Tata Power EZ Charge mobile application for all services including remote vehicle charging monitoring & e-payments. The partnership will enable Rustomjee residents’ access to a uniform and ubiquitous EV charging experience. This customized EV charging solutions form the infrastructure backbone for a growing EV ecosystem and provide customers access to energy-efficient options with ease. The company through its Tata Power EZ Charge offering has already set up over 100 EV charging points in Mumbai and over 1300 charging points across the country.

Ahead of summer season, Mumbai International Airport has fully geared up to welcome international passengers on board. Starting midnight of 27 March 2022, Mumbai International Airport resumed approx. 238 commercial international passenger flight movements. After nearly two years, first international scheduled flight arrived in Mumbai International Airport from Sharjah at 00:17 hrs while first flight departed to Phuket at 00:29hrs. On average approx. 150 passenger flight movements are expected daily post resumption of scheduled commercial international flights at Mumbai International Airport. International passengers are required to show only their vaccination certificates to travel internationally, while those without a double vaccination certificate would require a negative RTPCR test report taken not less than 72 hours prior to boarding the flight. Whereas for passengers departing from Mumbai will continue to abide by the norms laid down by the destination country.

Snapdeal has announced its partnership with payments and API banking solutions company, Cashfree Payments to enable instant processing of refunds against Cash on Delivery (CoD) orders. Traditionally, processing refunds for CoD orders has been a multi-step and time-consuming process, which includes manually adding the customer’s bank account details, onboarding the customer as a payee and tracking as well as reconciling refunds batch-wise. With the integration of Cashfree Payments’ product ‘Cashgram’, Snapdeal will be able to process refunds with only the customer’s mobile number or email address, with credits automatically flowing to the customer’s UPI-linked bank account, or wallet.

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