Reliance Global Call also announced an introductory offer with the launch under which customers can avail talk-time worth Rs 200 on sign-up with Rs 100.
India’s first homegrown messaging platform is banking on its changed timeline and in-built camera, popular features on rival chat apps like Snapchat and Whatsapp, to raise its user base and daily engagement levels.
Affordability — the cheapest 4G smartphones cost about Rs 3,000 — and lack of scope for other uses have deterred the faster adoption of smartphones.
Several brick-and-mortar retail stores across the Delhi-NCR region that ET spoke to said sales were down 70-80% from pre-demonetisation days.
Samsung is set to lose the top spot in the premium segment to Apple, absence, or delays, of a fresh model to create opportunity for competitors.
Retailers, of electronics and phones, have started rolling out various schemes to incentivise purchases with the aim of selling as much inventory as possible.
Handset makers fear that lack of clarity on the duty dispensation could not only upset the momentum of local manufacturing growth but also put at risk investments.
Traders in Gafar Market in New Delhi and Heera Panna market in Mumbai, which are among the largest grey markets in India, no longer use the demonetised notes.
While the dip in demand is expected to be short term, the impact would be seen more in non-urban areas or mom-n-pop stores where cash is the primary mode of transaction, retailers and sector analysts said.
Despite high demand, Apple may fail to cash in on the absence of Samsung Note 7 due to supply issues
Analysts caution that while the sheer volume of shipments in October could point towards a record October-December quarter for Apple where it could ship well over a million devices.
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