Author: Arabian Media staff

JPMorgan Chase’s wealthiest clients will now receive discounts and referrals on services from luxury travel to art restoration.JPMorgan Private Bank announced on Tuesday that it is offering a new lifestyle program for its wealthy U.S. clients, providing access to services like booking private jets and hiring household staff. Services also include financial reporting programs, bill pay, and bookkeeping.One service, for example, provides clients free access to Valerie Wilson Travel, a company JPMorgan acquired in 2022, for travel planning and advice. (JPMorgan did not name any other travel companies available through the network, but said that there was a wide range…

Opinions expressed by Entrepreneur contributors are their own. Consumer behavior has undoubtedly shifted. Research shows that 70% of consumers are willing to pay a premium for ethically sourced products, and 66% expect brands to understand their needs and preferences. Nearly half of all consumers now buy products after seeing them endorsed by people they trust. These statistics clearly show that people want businesses to do better.But here’s what the data doesn’t capture: consumer expectations alone cannot drive the fundamental changes our world needs. While businesses scramble to meet these demands, they’re missing a crucial opportunity to lead transformation rather than…

Investment platform Groww has filed an updated draft red herring prospectus with the market regulator, seeking to raise Rs 1,060 crore in fresh capital through an initial public offering (IPO) that will see major Silicon Valley investors cash out significant stakes.The Bengaluru-based company, operated by Billionbrains Garage Ventures Limited, plans to combine the fresh issue with a substantial secondary sale of up to 574.2 million shares by existing shareholders, according to regulatory filings reviewed Tuesday.Peak XV Partners leads the selling shareholders with 158.3 million shares on offer, followed by Y Combinator’s YC Holdings II, with 105.5 million shares. Ribbit Capital…

Opinions expressed by Entrepreneur contributors are their own. A potential customer reaches out to your account or customer service team to inquire about your product or service. After discussing the features and benefits, the conversation often shifts to pricing. Your sales team prefers the term “cost” because it sounds more appealing and justifies the impressive features and benefits highlighted on your website and in your sales literature.However, complex and convoluted pricing structures can often deter customers. They want clarity from the beginning. How much will they spend, and what value will they receive in return? I have never sold or…

The truth is out of office for some employees.As workers increasingly resist the 40-hour work week, some of them even bend the facts to get their time back.A new report from online resume builder Kickresume, which surveyed nearly 2,000 employees worldwide, found that only 18% of them work the full 7-8 hours expected of them — unbeknownst to their managers. Related: Are You Leaving Work Before 5 P.M.? You’re Not Alone, the Workday Is Actually Getting Shorter, According to a New Report.Instead, nearly 60% of employees surveyed admitted they’re not fully honest on their timesheets. Most (44%) said they round…

Ola Electric on Tuesday said it has rolled out its one millionth vehicle from its Futurefactory in Krishnagiri, Tamil Nadu.The electric vehicle maker commenced production in 2021 and has achieved this landmark in under four years, driven by strong demand for its S1 portfolio of electric scooters and the recently launched Roadster X electric motorcycles.To mark the milestone, the company has rolled out a special edition RoadsterX+ in midnight blue, with sporty red accents across the dual-tone seat, rims, and the battery pack.”This marks the celebration of every Indian who trusted us and believed in our mission. In four years,…

Luckin Coffee, China’s largest coffee chain, is making a fully caffeinated move into the U.S., directly challenging Starbucks. After surpassing Starbucks in store count across China, Luckin has launched five cashier-less locations in New York City.All orders at Luckin stores are placed via a mobile app, and to help convert American coffee guzzlers, Luckin offers steep app-based coupons, with discounts of up to 50%, undercutting Starbucks’ prices and going straight at its legacy model of in-store ambience and experience.Related: Starbucks Is Revamping 1,000 Locations While Starbucks focuses on operational profitability—targeting a per-store minimum margin of 15%—Luckin is accepting early losses…

The Reserve Bank of India issued a consolidated rulebook for payment aggregators (PAs) on Monday, easing how the industry onboards merchants.Master Direction, which folds in cross-border provisions and replaces a patchwork of circulars, takes effect immediately, the central bank said in a press note. The biggest operational gain is on-ramps for merchants. Non-bank aggregators can now use agents to help a merchant complete identity checks, including digital KYC and what the regulator calls “assisted V-CIP,” provided the aggregator records who the agent is and remains responsible for the diligence.The direction states that a PA “shall maintain the details of the…

Opinions expressed by Entrepreneur contributors are their own. Ethics in business has never been only about compliance. Regulations provide a baseline, but in a global marketplace, that baseline quickly becomes uneven. What is acceptable in one country may be unacceptable in another.A company that treats ethics as a box-ticking exercise soon discovers the gaps between jurisdictions create inconsistency and mistrust. To protect credibility and maintain stakeholder confidence, organizations must set standards that travel across borders and remain steady as rules shift.In other words, business ethics can’t just mean following rules. Laws differ worldwide, so companies need consistent global standards to…

Indus Appstore, PhonePe’s Android app store tailormade for Indian consumers and developers, has marked a significant milestone by crossing the 10-crore device mark. The store, which features over 500,000 mobile apps and games, has strengthened its claim as a strong challenger to global competition like Google Play Store.At the core of this success is PhonePe’s deep focus on localization. Typically, global app stores often rely on English-first interfaces. However, Indus Appstore allows its users the chance to explore and discover apps in 12 Indian languages, apart from English, covering 95% of India’s linguistic diversity. According to PhonePe, nearly 40% of…