Business

Created in 2005, BBM was available as a key offering on BlackBerry handsets. Much like BlackBerry phones, BBM also lost preference as users moved to feature-rich Android and iOS smartphones.

The US e-commerce pioneer will maintain other operations in China such as Amazon Web Services (AWS), Kindle e-books and cross-border teams that help ship goods from Chinese merchants to customers abroad.

IRFC raises funds from capital markets and through borrowing for funding expansion plans of the Indian Railways. IRCTC handles the catering and tourism activity of the railways.

Indian carriers IndiGo and GoAir, which have Pratt & Whitney-powered Airbus A320 neo planes, have been facing problems with these engines, manufactured by the US firm, since their induction in the fleet three years ago.

Top gainers in the Sensex pack were IndusInd Bank, ICICI Bank, ONGC, L&T, Maruti, Asian Paints, Bajaj Auto, Hero MotoCorp, M&M, Kotak Bank, TCS and Axis Bank, ending up to 3.96 per cent higher.

SBI Capital Markets has the mandate for Jet Airways' sale on behalf of the SBI-led consortium of the domestic lenders to the debt-ridden private carrier.

Bawa had resigned from his position in September 2018, after a series of defaults by IL&FS had sent fears of a market crisis.

The IMF Fiscal Affairs Department's Deputy Director Paolo Mauro said in India's case, the priority continues to be gradual fiscal consolidation because the gross general government to Gross Domestic Product (GDP) ratio is at about 70 per cent.

Top gainers in the Sensex pack include Bharti Airtel, Asian Paints, M&M, HUL, Bajaj Auto, HDFC, Coal India, L&T, ITC and HDFC Bank, rising up to 1.85 per cent.

The extension of due date for filing sales return came after businesses complained of some issues in the GSTR-1 form while filing the form.

Under the debt resolution plan approved by the Jet Airways' board on March 25, lenders have taken majority stake in the airline and are set to infuse Rs 1,500 crore funds.

The searches were carried out at multiple locations in a number of cities, including the Delhi-NCR, Chandigarh and Kolkata at office and residential premises of Bhushan Steel.

The commerce ministry on April 4 had called a meeting of stakeholders including export promotion councils and other government departments to discuss ways to increase exports to China.

The rupee opened strong at 69.11 at the interbank forex market, then gained further ground and touched 69.05, displaying gains of 12 paise over its last close.

Trading at 5.90 percent, the one-year interest rate swap works out at 5.75 percent on a daily basis, putting it 50 basis points below the current repo rate.

Former PepsiCo chairperson Indra Nooyi said while growing up in India she was surrounded by a tight-knit and multi-generational family and every member stepped into parenting and disciplining the children.