MAM
HSBC India, Thriwe launch second season of Golf League with exclusive discounts and benefits
Mumbai: HSBC India and Thriwe, a technology-driven consumer benefits marketplace have announced the launch of the second season of the league, which saw participation from 2500+ golfers and enthusiasts in the first edition.The second edition of HSBC Golf League will offer complimentary golf lessons, 15 per cent discounts on golf accessories and much more and will be held between January 2024 and March 2024. It will be available to HSBC India’s premier and global private banking customers.
In this edition, pro golfers and enthusiasts will not only get access to a range of extraordinary golf privileges but can also enjoy exclusive offers and benefits. From complimentary golf games with a free golf cart, to complimentary golf lessons for players and their guests.
“Our Golf League platform was a resounding success and helped users improve their performance through data and analytics. With the HSBC Golf League, we set out to reimagine the golf ecosystem with the help of technology. In the second season we are rewarding our users with exclusive benefits,” said Thriwe chief executive officer Dhruv Verma
Commenting on the launch of the second season of the HSBC Golf League, HSBC India head of wealth and personal banking Sandeep Batra said, “After a tremendous success last year, we are pleased to extend our commitment in order to support and grow the game of golf in India through the second edition of HSBC Golf League. Our ambition is to promote the game of golf at all levels by inspiring future generations to take part in the sport. We are here to provide long-term and sustainable future for golf. We are also very thankful for the support of our partner.”
Users can make real-time bookings for select golf courses and get instant confirmation, even if the booking is done on a weekday/ weekend or a public holiday. Any new bookings for a game or lesson will also be cleared in three days straight.
Additionally, they can enjoy 15 per cent discounts on a wide range of accessories from renowned brands at select pro shops. Food and beverages (except alcoholic beverages) will be available at a 10 per cent discount at select golf courses. All these features will be available on the Golf League platform on the website as well as mobile applications.
Golfing enthusiasts can use the mobile app to participate in marquee golfing events and tournaments throughout the year. They can also hone their golfing skills with 30 minutes of complimentary access before the matches. Launched last year in partnership with HSBC India for 200,000 amateur golfers, the league has evolved into a fan favourite among golf enthusiasts and high-net-worth individuals. Aside from being an intense sport, golf is an excellent networking opportunity for corporate and business leaders.
While the league and the platform is managed and hosted by HSBC India, Thriwe is the technology enabler for the league. The company was founded in 2011 and is backed by YourNest venture capital. It offers a network of over 150,000 merchant partners spread across more than 130 countries. Customers can enable rewards programs for their end users from their choice of merchant partners.
Recently, Thriwe launched a first-of-its-kind earn and burn engine that enables retailers and manufacturers across industries to allow their customers to consolidate their loyalty points across points of sales.
Brands
Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback
Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns
NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.
Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.
International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.
On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.
Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.
Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.
The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.
Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.
As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.
