A rapidly growing middle-class population opting to use cards for purchases and rising internet penetration make India an attractive target for cyber criminals.
Faced with delay in payments of salaries and prospect of joblessness, hundreds of airline employees had gathered on Thursday at the Jantar Mantar to voice their concerns and appeal to the government to intervene for revival of the company.
Mumbai was one of the two main bases of Jet Airways before it temporarily halted operations on Wednesday.
The CBDT committee also said MNCs that are incurring global losses or a global profit margin of less than 2% and have operations in India will be deemed to have made a profit of 2% of Indian revenue or turnover and will be taxed accordingly.
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.
Profit from its retail business jumped 77 per cent to Rs 1,923 crore and that from telecom rose by 78.3 per cent to Rs 2,665 crore.
On the National Stock Exchange (NSE), Jet shares sank 31 per cent to close at Rs 165.75 apiece.
Jet Airways has 10 Boeing 777 in its fleet which it used to serve various popular destinations in Europe and North America before halting the entire international operations.
After weeks of uncertainty, Jet Airways Wednesday announced temporary suspension of its operations as it did not receive emergency funds to stay afloat.
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.
Any potential investor would want to compare the costs and advantages/disadvantages of starting an airline from scratch versus getting Jet back to the skies.
Come Thursday and the second phase of the Lok Sabha elections in Manipur will enter the history books, with the state being the first in the country to introduce all-women polling booths in an entire assembly constituency. While such booths have been set up in other places too, Manipur takes the cake by having an entire assembly segment managed completely by women poll officers. What are the women polling officers feeling about the task at hand? Watch the video to know.
The Election Commission’s decision to suspend a high-ranking poll observer who attempted to check PM Narendra Modi’s helicopter sparked the fiery Twitter exchange.
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