Business
IndusInd Bank, Jio-bp Partner Up To Launch RuPay-Powered Mobility+ Credit Card
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Bringing together two powerhouses — Jio-bp and IndusInd Bank — Mobility+ Credit Card offers fuel rewards, lifestyle benefits and seamless digital payments
The Mobility+ Credit Card combines accelerated fuel rewards across Jio-bp’s network of over 2,100 mobility stations and 7,000+ EV charging points.
IndusInd Bank and Jio-bp have launched the Mobility+ Credit Card, a co-branded offering designed to deliver enhanced fuel savings, lifestyle rewards, and digital payment convenience for India’s growing base of on-the-go consumers.
The card was formally unveiled at an event at Reliance Corporate Park, Navi Mumbai, on December 10 through a hydraulic on-stage reveal, symbolising the convergence of innovation, mobility and digital-first payments that the partnership aims to deliver to customers.
The collaboration brings together two powerful institutions — Jio-bp’s expanding mobility ecosystem, IndusInd Bank’s banking and credit expertise — creating a comprehensive, future-ready mobility and payments solution for customers.
“At Jio-bp, our strategy is anchored in innovation and a strong focus on enhancing every customer’s mobility experience. This collaboration reflects our long-term vision of integrating cutting-edge digital solutions with meaningful everyday value, while reshaping the mobility ecosystem and setting new benchmarks for convenience, rewards, and digitally driven experiences across India,” said Sarthak Behuria, Chairman of Jio-bp.
Powered by the RuPay network, the Mobility+ Credit Card combines accelerated fuel rewards across Jio-bp’s network of over 2,100 mobility stations and 7,000+ EV charging points, along with lifestyle benefits and UPI-enabled credit card payments, making it a first-of-its-kind offering in the co-branded fuel card segment.
Highlighting the customer value proposition, Akshay Wadhwa, CEO of Jio-bp, said, “With this collaboration, we are delivering yet another compelling value proposition that meaningfully rewards our esteemed customers for their mobility needs. Customers can receive up to 60 litres of free fuel annually and earn up to 4.25% back on every fueling at Jio-bp. This value back, coupled with UPI-enabled transactions and ACTIVE Technology fuels, underscores our commitment to offering transformative, futuristic mobility solutions to our customers.”
Speaking about the launch, Managing Director & CEO of IndusInd Bank Rajiv Anand said, “We are pleased to partner with Jio-bp to launch the IndusInd Bank Jio-bp Mobility+ Credit Card — a product that reflects our shared commitment to innovation and customer-centricity. The collaboration brings together IndusInd Bank’s financial expertise and Jio-bp’s expansive network to create a future-ready solution that goes beyond transactions, empowering customers to embrace a smarter, more rewarding mobility experience. As we continue to strengthen our offerings, this partnership marks a significant step in shaping innovative solutions that deliver unmatched value for today’s dynamic consumers.”
KEY FEATURES OF THE INDUSIND BANK Jio-bp MOBILITY+ CREDIT CARD
- Cardholders earn 12 Reward Points for every Rs 100 spent at Jio-bp fuel stations, convenience stores and Wild Bean Cafe outlets
- The card offers 5 reward points per Rs 100 on dining, supermarkets, and groceries spending.
- 400 bonus reward points on the first fuel transaction at a Jio-bp outlet within 30 days of card set up in bank’s system
- Customers receive a complimentary Wild Bean Cafe coupon on their first Wild Bean Café transaction
- A monthly bonus of 200 reward points on spends of Rs 4,000 in Jio-bp ecosystem
- Annual spends of Rs 2 lakh or more make cardholders eligible for milestone rewards of up to 4,000 bonus reward points
WHERE TO GET INDUSIND BANK Jio-bp MOBILITY+ CREDIT CARD?
The IndusInd Bank Jio-bp Mobility+ Credit Card is available for application through IndusInd Bank’s website, Jio-bp outlets, and select digital platforms, with fully digital onboarding and immediate reward earning upon activation.
December 24, 2025, 18:52 IST
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Business
Swinney ‘very concerned’ by reports of BP considering leaving North Sea
Scotland’s First Minister is “very concerned” by reports that oil giant BP is considering leaving the North Sea.
Bloomberg reported the firm had begun an internal review of its North Sea operations, though no final decision had been made.
Speaking to the Press Association on Saturday during a campaign stop in Glasgow, John Swinney put the blame squarely on the UK Government and its windfall tax on oil and gas.
“I’ve seen the reports and I’d obviously be very concerned about that,” the First Minister said.
“What will be driving this is the hostile taxation approach of the United Kingdom Government through the energy profits levy, and I’ve told the Prime Minister to his face that the energy profits levy is causing significant economic damage to Scotland and the North Sea oil and gas sector.
“It’s accelerating the decline of the sector and I made it clear to the Prime Minister he should remove that energy profits levy, and the speculation about BP I think should prompt early action from the UK Government.”
But Sir Keir Starmer, the First Minister claimed, was distracted by pressure on his position as a result of the scandal surrounding the hiring and firing of former US ambassador Lord Peter Mandelson.
“But, as with so many questions of the challenges that we face, the Prime Minister is distracted by his own failures and can’t take the proper actions to protect jobs and employment within Scotland, and that’s an example of the weakness and the failure of a Labour Government,” Mr Swinney said.
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The UK Government has been contacted for comment.
Business
Spirit Airlines shutting down after rescue talks collapse
The earlier plan, which would have seen the US government take effective ownership of as much as 90% of the airline, faced stiff opposition from Wall Street, Capitol Hill and even a member of Trump’s own cabinet. Transportation Secretary Sean Duffy told Reuters a rescue would amount to tossing “good money after bad”.
Business
Spirit Airlines could shut down overnight. Here’s what travelers need to know
Spirit Airlines check-in Kiosks sit idle at Oakland International Airport on August 13, 2025 in Oakland, California.
Justin Sullivan | Getty Images
Spirit Airlines could shut down as early as 3 a.m. ET Saturday, according to people familiar with the matter. The carrier has failed to secure a financial lifeline to continue operating, though it hasn’t commented on the potential shutdown or its plans.
About 290 Spirit flights are scheduled for Saturday, according to aviation site Flightradar24. Another 381 are scheduled for Sunday.
Travelers with Spirit tickets could be understandably rattled. While there have been some U.S. airlines to shut down in recent years, the budget carrier is larger than most recent airline failures and links major cities like New York, Miami, Detroit and Los Angles — and many others in between — with its Airbus jets.
Here’s what travelers need to know:
You have a Spirit ticket. What should you do?
Immediately? Nothing.
Travelers who are booked on a Spirit flight, like this CNBC reporter is for later this month, are likely to receive a refund if they purchased tickets with a credit card.
If the ticket was bought with a debit card or with loyalty points, however, the chances of recovering funds are slim to none, said Henry Harteveldt, founder of Atmosphere Research Group, a travel consulting firm.
“If you’re holding a reservation for a flight on Spirit don’t proactively cancel it. Wait for the airline to announce it is shutting down,” he said.
Would Spirit be able to help you at the airport?
Don’t count on it.
Spirit has declined to comment on a potential shutdown. If it confirms an end to operations, the carrier will most likely have information on its website about travelers’ next steps.
Harteveldt said travelers shouldn’t go to the airport expecting to find Spirit staff in the event the airline ceases operations. Call centers are likely to be overwhelmed if they are still staffed.
That could leave passengers with fewer answers than they’d like, but other airlines are likely to help assist affected customers.
Airlines that offer last-minute fares, likely with some discounts, will be available to travelers at airport ticket counters.
How can another airline help?
United Airlines, JetBlue Airways, Frontier Airlines and American Airlines are among the carriers that have said they are ready to assist Spirit customers and crews if the carrier shuts down.
That could mean scheduling additional flights to carry the stranded passengers, similar to what they do during a hurricane or other natural disaster.
Why could Spirit shut down?
Spirit, known for bright yellow planes, low fares and fees for everything else, had been successful for years, but this week it’s been on the brink of liquidation after failing to reach a deal with bondholders for a $500 million government bailout from the Trump administration.
Last year Spirit filed for its second bankruptcy in less than a year, though it’s had a host of problems even before then.
A plan to be acquired by JetBlue was blocked. Rising costs upended its business model. An engine defect grounded dozens of its planes. And, more broadly, upscale travel became more popular with consumers, driving airline profits.
At the same time, big, legacy airlines were selling their own basic economy fares that were similar to what Spirit was offering, but with bigger networks.
What does this mean for travel going forward?
Airlines have been adding flights since Spirit’s bankruptcy filing last year on some of its routes and at major airports. They’re likely to keep doing so.
Experts have said they expect fares to rise, at least in some markets, if the discounter goes away, even though the carrier has shrunk substantially.
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