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The Indian Cellular Association (ICA) has doubted that a smartphone can realistically be sold at a price as low as Rs 251 and have asked the Telecom Minister, Ravi Shankar Prasad, to intervene. According to the ICA, even with a subsidized sale, the selling price should not be less than Rs 3,500 (US$52.28 as of 31 August 2016).
The mobile tariffs in India have also become the lowest in the world. A new mobile connection can be activated with a monthly commitment of US$0.15 only. Decentralisation has been the new push by the government through PM WANI scheme launched in Dec 2020 to push Internet penetration above the current 50% threshold into smaller towns and ...
It entered the mobile phone business in 2008 and, by 2010, became one of the largest companies making low-cost feature phones in India. In 2014, Micromax was the tenth largest smartphone vendor in the world. [3] In the subsequent years, the company faced stiff competition from Chinese companies that began penetrating the Indian market. [4]
LYF (pronounced "life"), also known as Jio LYF, is an Indian brand of smartphones, laptops, consumer electronics developed by Jio and headquartered in Mumbai, Maharashtra, India. It manufactures 4G-enabled VoLTE smartphones which run on Android. [1] [2] [3] It is a subsidiary of Jio, the telecommunication arm of Reliance Industries. [4]
[11] On 3 August 2012, after a Supreme Court directive, the Government of India revised the base price for 5-MHz 2G spectrum auctions to ₹ 140 billion (US$1.6 billion), raising its value to about ₹ 28 billion (US$330 million) per MHz (near the Comptroller and Auditor General estimate of ₹ 33.5 billion (US$390 million) per MHz).
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
Currently in India (from 2010 onwards), the 50 paise coin (half a rupee) is the lowest valued legal tender coin. Coins of 1, 2, 5, and 10 rupees and banknotes of 5, 10, 20, 50, 100, 200, 500, and 2000 rupees are commonly in use for cash transaction.
A variant with 4 GB RAM and 64 GB of internal storage is available for a price tag of ₹ 13,999 (US$160). The top-end model of the device packs 6 GB RAM and 64 GB of internal storage, which is expandable via a microSD card up to 256 GB. [ 4 ]