How Mukesh Ambani’s bet on the Indian middle class is paying off

• Mukesh Ambani has ambitions to take on Amazon and Walmart in India
• Ambani has set big expectations for Reliance’s consumer divisions

Grounding of Jet Airways, Kingfisher casts doubt on India aviation boom

• On Wednesday, Jet Airways suspended operations on a “temporary” basis as it ran out of money
• A severe cash crunch had pushed Vijay Mallya’s indebted Kingfisher Airlines to ground its planes in 2012

Stranded Jet Airways passengers wait for refunds

• The sudden grounding of Jet Airways has hit budget travellers the most
• There is no clarity on when the refund would be processed and there is also a spike in air fares

Soon, you will be able to track your insurance claims

• To ensure fair and transparent claim settlement procedures, insurers have been asked to notify about the claim’s status at various stages of its processing
• You can use the claims reference number to track the claims status through a portal, website, an app of the insurance company or any authorised electronic means

Flawed electoral rolls a likely reason for low voter turnout in Bengaluru

• Few things can explain the abysmal voter turnout in Bengaluru and other urban centres like Chennai
• There is a huge migrant population who may not get themselves registered as a voter unless there is an obvious benefit from it

RIL Q4 results should provide a reality check for investors

• The big drag for RIL continues to come from its refining business, where Ebit fell by 18.6% sequentially
• Reliance Jio and Reliance Retail did relatively better, but could not make up from the refining shortfall

Jet Airways' future is up in the air

• While the government is silent on a Jet Airways revival plan, lenders see the stake sale process as key to the airline's future
• Jet Airways employees union, meanwhile, criticized banks for not infusing funds and said it would approach the labour commissioner

Your guide to filing income tax returns this year

• For FY 2019-20, directors of unlisted shares or investors in unlisted equity will no longer be able to file their returns
• Those with an income below ₹5 lakh are no longer exempt from filing their returns online

Google’s formula to build an All Star team

• In the nervous days ahead of Google’s IPO in 2004, disagreements almost resulted in chairman Eric Schmidt quitting the firm
• As the coach of Google’s executive team, Bill Campbell couldn’t let the greatest team in technology break up. He understood Eric was hurt but knew Google neede  him

How augmented reality is thriving on social media

• Brands such as Shoppers Stop and Lenskart are leveraging AR to connect with customers
• YouTube, which has lot of social media elements, recently added Snapchat-like AR selfie filters for YouTube Stories

Amazon plans to close Chinese marketplace business, focus more on India

• Amazon has plowed billions of dollars into the India business since opening its website there in 2013, building more than 50 warehouses to support the business
• The company will keep running other businesses in China, including Amazon Web Services, Kindle e-books, and cross-border operations

How virtual tours will personalize vacations

• Tech will bring destinations closer to the traveller, help them experience it before making a booking
• The virtual tour replicates not just the sights, but also the sounds and smells one might experience

App updates may be annoying, but are necessary

• The updates occur more frequently on Android compared to iOS, simply because there are more Android devices out there
• Many of the updates are also rolled out to address bugs that originate due to compatibility issues with the custom user interface (UI) or version of OS

Bad bots originating from India see increase, says study

• Many companies use geofencing blacklists to choke off large swaths of unwanted traffic
• Amazon was the source of the most global bad bot traffic at 18%, according to the report

Lok Sabha 2019: Mulayam, Mayawati share stage at historic Mainpuri rally today

• The move is significant because in the third phase, 10 seats going to polls on 23 April will be in central Uttar Pradesh
• 'Mulayam ji is a true leader and has a pedigree,' says Mayawati

Opinion | Uber’s expectations from its IPO may be a bit too ambitious

• Sustained losses, lawsuits and regulatory troubles could come in the way of a big valuation
• Uber's biggest problem is its drivers

Deutsche Bank appoints Kaushik Shaparia as new India head

• Kaushik Shaparia was helming Asia-Pacific corporate banking and global subsidiary coverage of Deutsche Bank
• Ravneet Singh Gill ran DB’s India unit for more than six years before he stepped down

Amazon launches ad-supported music streaming service

• This service is different from Amazon Music Unlimited and Amazon Prime Music
• Users would now have access to play a station based on a song, artist, era, and genre

Two Indian women lawyers named in TIME 100 most influential people

• Menaka Guruswamy, Arundhati Katju spearheaded the legal challenge to strike down Section 377 of IPC
• The list also includes Reliance Industries Chairman Mukesh Ambani

What are travel cards. Do you need it?

• First, consider your travel habits and opt for the card best suited to your needs
• Make sure to check fees and cashback options. But, opt for one only if you are a frequent traveller

Uber's self-driving unit valued at $7.25 billion in new investment

• Uber CEO Khosrowshahi said that funding 'will help maintain Uber's position at the forefront of' a transforming transportation
• The funding allows Uber to transfer some of the substantial cost of developing self-driving cars

Auto sector slowdown, tech changes a double whammy for auto component firms

• Auto component makers need to brace up for sharp production cuts in the near term, with their large customers cutting production
• Cost pressures due to new safety and emission norms may impact profit margins of both auto and auto component firms

Jet Airways issues gag order, fearing impact on stake sale

• Jet Airways has asked employees to refrain from engaging with the media
• An internal mail suggests that talking with external stakeholders might impact the bidding process for airline's stake sale

Bata to pay ₹9,000 fine for charging ₹3 for a paper bag

• Chandigarh Consumer Commission slammed Bata for charging an additional amount for the paper bag
• The forum ordered that a customer cannot be compelled to pay for the bag, and that it was a clear deficiency in service

Honda recalls 3,669 units of Accord for falty airbags

• Honda will replace the 'Takata driver side front airbag inflators' of 3,669 vehicles manufactured between 2003 and 2006
• Takata airbag inflator recalls have impacted several carmakers globally

Hyundai looks to make some EV components in India

• Hyundai is already in talks with strategic partners to invest in the development of components for electric vehicles
• Hyundai is also looking to roll out hybrid vehicles in India whenever the market is ready

RBI MPC minutes show naysayers are worried about food and oil prices

• The combination of rising food and crude oil prices could result in inflationary expectations rising again, RBI MPC members believe
• There was a consensus on growth among members and future rate cuts are likely to depend on how they perceive growth slowdown

Zee Studios looks at mid-sized films, web shows to strike gold

• The next big step for Zee Studios apart from feature films is its digital content arm Zee Studios Originals
• Zee Entertainment has recorded five major hits across languages in last three months

Make the most of your credit card

• You need to monitor the total amount that piles up every time you swipe your card and the bill payment due date
• Credit cards have a high interest rate of 24-48% per annum and a delay in bill payment can have a major impact on your money life

GST in India—the journey so far

• The GST Council and CBIC have played an important role in handholding taxpayers/businesses for smooth transition to this new regime and in addressing their grievances
• GST regime also provides for a NAA which ensures that the benefit of reduction in the rate of tax on goods or services or the benefit of the input tax credit is passed on to the customer

Reliance records another bumper quarter with ₹10,362 crore net profit

• RIL reports 9.79% increase in Q4 profit, beating analysts’ estimates, boosted by Reliance Jio and Reliance Retail
• RIL's revenue rose 19.4% to ₹1.54 trillion for the quarter ended 31 March from ₹1.29 trillion in the year earlier

To widen tax base, govt may tweak foreign taxation rules

• New norms to apply to profits of foreign firms as well as those of Indian ones abroad
• Move seeks to halt other nations from taking a bigger chunk of profits their firms earn in India

What is driving youngsters to Tik Tok? Experts raise red flags

• Madras HC imposed a ban on the Chinese app, which has taken the internet by storm in India
• Apple and Google have pulled off the app from their respective app stores

Facebook says more Instagram passwords exposed than thought

• Facebook estimates that millions of Instagram users were affected by the lapse
• Facebook had inadvertently stored passwords in plain text, making it possible for its thousands of employees to search them

Amazon, Google agree to allow each other's streaming apps

• YouTube apps will be available on Amazon's Fire TV in the coming months
• The agreement also enables Amazon Prime members streaming to Chromecast or using Android TV devices to access Amazon's video content

New Apple iPad Air has a great display and is a decent first buy

• The new iPad Air has a few main changes—a newer and faster processor, support for the Apple Pencil and a slightly larger screen
• While support for the Apple Pencil makes it better suited to a particular niche of creators, it’s worth noting that the new Air supports Apple’s first generation Pencil

Opinion | Jet Airways crisis: As winds of change blow, it is no more jet-set-go

Whatever happens eventually to Jet Airways, it will go down in history as a trendsetter

Don't resort to predatory pricing of tickets: Govt tells airlines

• Civil Aviation Secretary Pradeep Singh Kharola said the movement of airfares is being closely monitored
• All airlines have assured us that they would not resort to predatory pricing, Kharola added.

Jet Airways crisis set to reset India's aviation industry

• Jet Airways grounded is set to have a ripple effect on competition, fares and customers as rival airlines scramble to fill up the void
• Jet Airways' failure is also set to reignite the aviation industry’s longstanding demand to bring aviation turbine fuel under GST

TikTok users don’t care for your opinion

• Clean up the content ecosystem by all means, but banning TikTok is not going to stop enthusiastic creators
• Most TikTok videos are made by first-time content creators from small towns and villages, discovering the power of self-expression and peer validation for possibly the first time

A Mahindra-Ford SUV is in the works for India and emerging markets

• The Mahindra-Ford SUV will have a common product platform and powertrain, which will substantially reduce development costs
• Mahindra already sells the Ford EcoSport in some parts of India, and is also working of developing Ford Aspire's electric variant

Warburg Pincus-backed Stellar Value Chain buys logistics firm Patel Roadways

• Patel Roadways is the third acquisition by Stellar Value Chain Solutions since it started operations in 2016
• US private equity firm Warburg Pincus invested $125 million in Stellar the same year to secure a majority stake

Crisis brings Jet Airways shares down 85% from 2005 issue price

• Jet Airways shares fell 34% intraday and closed 32.2% lower at ₹163.90 on Thursday, a day after the airline was grounded
• Two of the analysts covering the Jet Airways stock have a 'buy' rating, one has a 'hold', while four have a 'sell' rating

Bank of Baroda, Srei Equipment Finance tie up for infra equipment loans

• The tie-up will allow Bank of Baroda and Srei Equipment Finance to collaborate and widen their respective customer base
• The firms will use Srei Infrastructure Finance's iQuippo platform disbursal of infrastructure equipment loans

Regulator may chargesheet Bio-Med over supply of adulterated polio drug

• An analysis of some sewage and stool samples showed traces of polio-2 strain, a variant believed long gone
• Bio-Med challenged the results of the initial tests by the government laboratory in Kasauli

India banks on Bollywood’s star appeal to improve ties with China

• The power wielded by Indian films in China was highlighted by Xi Jinping during PM Modi’s visit to Wuhan
• The idea of India and China co-producing films is not new

Crackdown on terror funding as India suspends border trade

• The step aims to stop Pakistan-based groups from using cross-LoC routes to move hawala money, arms
• Closingof route may be temporary as home ministry will soon review the terms of the trade