BlackBerry is all set to launch its new device, the Z3 in India this week. The phone has been designed for emerging markets like Indonesia and India. It is also the most affordable BlackBerry 10 device till date. The Indonesia launch was successful enough for it to find a mention in the company’s results for the first quarter of 2014.

Markets have turned absolutely flat after making a marginally lower opening weighed down by global markets and financials.

By 9:30, the Sensex was lower by 2 points at 25,189 and the Nifty slipped by 3 points at 7,531 mark.

On the global front, Asian shares struck a cautious tone on Tuesday as the double-whammy of a deepening conflict in Iraq and a gas dispute between Ukraine and Russia sapped investors' appetite for risk.

Mumbai: May sales at Bajaj Auto Ltd, India’s largest exporter of motorcycles and three-wheelers, rose 4% to 351,436 units compared with a year ago, the company said in a statement on Monday.

Exports, which expanded 40% to 156,179 units, drove volume growth. The company’s commercial vehicle sales also jumped 11% to 38,416 units.

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