Why Reliance JioPhone is actually a threat to smartphones

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Reliance Jio will begin taking pre-bookings for its much-anticipated JioPhone later today. The pre-booking for the 4G feature phone starts 5:30 pm at the company’s own retail stores, website and the Jio App. Customers need to pay Rs 500 booking amount.

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Reliance Jio will begin taking pre-bookings for its much-anticipated JioPhone later today. The pre-booking for the 4G feature phone starts 5:30 pm at the company’s own retail stores, website and the Jio App. Customers need to pay Rs 500 booking amount and the balance Rs 1000 at the time of delivery sometime in the first week of September.

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JioPhone has been an ambitious project for the Mukesh Ambani-led Reliance Jio, and the company is targeting over 100 million units to be shipped in the first year. JioPhone is an inexpensive, more advanced version of a regular feature phone with a built-in 4G VoLTE support for the masses. It will “effectively” cost Rs 0, as users are required only to pay Rs 1,500 security deposit, which can be refunded after three years.

“JioPhone will arrest the decline of feature phone segment and eventually accelerate upgrades within the feature phone segment. This will impact the sales of sub $50 smartphone segment which is now contributing to almost 3 per cent of smartphone shipments in 1H 2017,” said Shobhit Srivastava, Research Analyst, Mobile Devices and Ecosystem at Counterpoint Research.

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The analyst expects Reliance Jio to ship 15 million units of the JioPhone this year as the demand for the feature phone is estimated to be high in India. Its low price may appeal to a large section of the population, mostly using feature phones with limited access to internet. “We expect more than 15 million JioPhones to be shipped within 2017 as the demand for the low cost 4G enabled device is very high,” Srivastava told aapkasamachar. Com. 

JioPhone has been dubbed as “India ka smartphone” and will let users to browse the web, attending video calls, and watch movies on the go. Feature phones are generally limited to calling and SMS. The phone also supports popular social media apps like Facebook, but not the popular WhatsApp messenger. The monthly plan on the JioPhone has been set at Rs 153, which offers 500MB of data per day for 28 day validity. Reliance Jio will be offering a weekly plan for Rs 54 and a two-day plan for Rs 24 for unlimited data access.
             
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The launch of the JioPhone has surely made ripples in the telecom sector and rivals are expected to counter with their own devices and plans soon. The analyst said the JioPhone’s low price tag and attractive features could prompt other domestic players to launch 4G LTE-enabled feature phones. However, it may not seem as easy as it appears for domestic handset makers to sell a fully loaded phone with 4G LTE at such a low price.

Domestic handsets makers will surely launch LTE feature phones to counter Jio offering but that is going to be an uphill task for them as Bill of Material (BOM) cost doesn’t allow them to compete with Jio at this point unless subsidised. To bring the cost down they might tie up with other operators going forward and bundle the data with 4G feature phones. Alternatively, they can be an EMS to the operators launching their LTE feature phones”, Srivastava said.
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RBI shukravaar ko 200 rupaye jaaree kar dega...

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NEW DELHI: The new Rs 200 note will be issued on Friday, India's central bank, the Reserve Bank of India (RBI) announced in a press release on Thursday.The height of the note would be the same as the new Rs 500 notes that were issued post demonetisation. However, the width will be much less. "Dimension of the banknote will be 66 mm x 146 mm," the RBI said.

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The base colour of the Rs 200 note is bright yellow, reminiscent of the now discontinued Rs 2 note.

"The Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. The new denomination has Motif of Sanchi Stupa on the reverse, depicting the country's cultural heritage," the release said.

Last month, the State Bank of India Ecowrap report had said that the introduction of Rs 200 note will fill in the "missing middle" even as the new currency in circulation (CIC) has already reached 84 per cent of the pre-demonetisation level.

Here's all you need to know about the salient features of the new currency note that is being issued to plug liquidity issues, as well as for reducing the burden on the Rs 100 note.

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Obverse (Front):-

1. See through register with denominational numeral 200

2. Latent image with denominational numeral 200

3. Denominational numeral 200 in Devnagari

4. Portrait of Mahatma Gandhi at the centre

5. Micro letters 'RBI', 'bharat', 'India' and '200'

6. Windowed security thread with inscriptions 'bharat' and RBI with colour shift.
 Colour of the thread changes from green to blue when the note is tilted

7. Guarantee Clause, Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait

8. Denominational numeral with Rupee Symbol, ₹ 200 in colour changing ink (green to blue) on bottom right

9. Ashoka Pillar emblem on the right

10. Mahatma Gandhi portrait and electrotype (200) watermarks

11. Number panel with numerals growing from small to big on the top left side and bottom right side

12. For visually impaired Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised Identification mark H with micro-text ₹200, four angular bleed lines with two circles in between the lines both on the right and left sides.

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Reverse (Back):-

1. Year of printing of the note on the left

2. Swachh Bharat logo with slogan

3. Language panel

4. Motif of Sanchi Stupa

5. Denominational numeral २०० in Devnagari Dimension

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Reliance JioPhone pre-bookings start today: Here is why this 4G feature phone is a threat to smartphones

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Reliance Jio will begin taking pre-bookings for its much-anticipated JioPhone later today. The pre-booking for the 4G feature phone starts 5:30 pm at the company’s own retail stores, website and the Jio App. Customers need to pay Rs 500 booking amount.

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Reliance Jio will begin taking pre-bookings for its much-anticipated JioPhone later today. The pre-booking for the 4G feature phone starts 5:30 pm at the company’s own retail stores, website and the Jio App. Customers need to pay Rs 500 booking amount and the balance Rs 1000 at the time of delivery sometime in the first week of September.

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JioPhone has been an ambitious project for the Mukesh Ambani-led Reliance Jio, and the company is targeting over 100 million units to be shipped in the first year. JioPhone is an inexpensive, more advanced version of a regular feature phone with a built-in 4G VoLTE support for the masses. It will “effectively” cost Rs 0, as users are required only to pay Rs 1,500 security deposit, which can be refunded after three years.

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“JioPhone will arrest the decline of feature phone phone segment and eventually accelerate upgrades within the feature phone segment. This will impact the sales of sub $50 smartphone segment which is now contributing to almost 3 per cent of smartphone shipments in 1H 2017,” said Shobhit Srivastava, Research Analyst, Mobile Devices and Ecosystem at Counterpoint Research.

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The analyst expects Reliance Jio to ship 15 million units of the JioPhone this year as the demand for the feature phone is estimated to be high in India. Its low price may appeal to a large section of the population, mostly using feature phones with limited access to internet. “We expect more than 15 million JioPhones to be shipped within 2017 as the demand for the low cost 4G enabled device is very high,” Srivastava told aapkasamachar.com

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JioPhone has been dubbed as “India ka smartphone” and will let users to browse the web, attending video calls, and watch movies on the go. Feature phones are generally limited to calling and SMS. The phone also supports popular social media apps like Facebook, but not the popular WhatsApp messenger. The monthly plan on the JioPhone has been set at Rs 153, which offers 500MB of data per day for 28 day validity. Reliance Jio will be offering a weekly plan for Rs 54 and a two-day plan for Rs 24 for unlimited data access.

 " Click Here To For More Letest Business News " 

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The launch of the JioPhone has surely made ripples in the telecom sector and rivals are expected to counter with their own devices and plans soon. The analyst said the JioPhone’s low price tag and attractive features could prompt other domestic players to launch 4G LTE-enabled feature phones. However, it may not seem as easy as it appears for domestic handset makers to sell a fully loaded phone with 4G LTE at such a low price.

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Domestic handsets makers will surely launch LTE feature phones to counter Jio offering but that is going to be an uphill task for them as Bill of Material (BOM) cost doesn’t allow them to compete with Jio at this point unless subsidised. To bring the cost down they might tie up with other operators going forward and bundle the data with 4G feature phones. Alternatively, they can be an EMS to the operators launching their LTE feature phones”, Srivastava said

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Facebook allows publishers put logos next to headlines

According to a report in Adage on Tuesday, publishers can put their logos next to headlines in the trending and search sections to give readers an idea about where the news is generating from.

In a move to give publishers a brand recognition on its platfrom,Facebook has released new tools that lets media houses display their logos alongside headlines.

According to a report in Adage on Tuesday, publishers can put their logos next to headlines in the trending and search sections to give readers an idea about where the news is generating from. The tools come as a relief for publishers who had been lamenting about losing their brand identities on social networking site where the headlines and layouts of all the brands looked similar.

“When people see those three red letters, they know it symbolises trusted, reliable and real news, so any effort by Facebook to emphasis the brand and credibility of a story benefits the audience as well as the publisher,” Samantha Barry, CNN’s executive producer of social and emerging media, was quoted as saying.

The move is a result of recommendations made during Facebook’s journalism project, which was launched in January. According to a Pew Research survey, only 56 per cent of readers recalled the source of news read through social media sites. “By surfacing publisher logos next to article links, we want to make it easier for publishers to extend their brand identity on Facebook – to enhance people’s awareness of the source of content,” Facebook was quoted as saying.

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Shah Rukh Khan, Salman Khan and Akshay Kumar make it to the top 10 Forbes list of highest paid actors

Shah Rukh Khan is at number eight, followed by Salman Khan and Akshay Kumar at number nine and ten in the Forbes list of highest paid actors. The list has actor Mark Wahlberg on number 1 and also includes, Dwayne 'The Rock' Johnson, Vin Diesel, Adam Sandler and and Jackie Chan.

After being listed as the World’s highest paid celebrities by the Forbes, here is yet another list that the Bollywood icons have become a part of. Shah Rukh Khan, Salman Khanand Akshay Kumar, three of the big names in B-town were listed by Forbes in as the highest paid actors globally. The list was topped by Mark Wahlberg, who earned an estimated $68 million in 2017, as Forbes announced on Tuesday.

While Shah Rukh Khan is at number eight, followed by Salman Khan and Akshay Kumar at number nine and ten, respectively.

According to Forbes, the ‘Raees’ star earned $38 million (Rs 243.50 cr), the ‘Tubelight’ star made $37 million (Rs 237 cr) and the ‘Rustom’ star took home $35.5 million (Rs 227.5 cr).

According to Forbes, the top 10 actors banked a cumulative $488.5 million–nearly three times the $172.5 million combined total of the 10 top-earning women. While only three actresses made more than $20 million in 12 months, 16 actors broached the mark. According to the magazine, it has collected the data over a period of 12 months starting from June 1, 2016.

The rapper-turned-actor knocked 2016 leader Dwayne ‘The Rock’ Johnson into second place, with estimated 2017 earnings of $65 million. Actor Vin Diesel ($54.5 million), Adam Sandler ($50.5 million) and Jackie Chan ($49 million) stood at third, fourth and fifth on this list.

Iron Man star Robert Downey Jr and Tom Cruise came sixth and seventh before Indian actors took over the list. However, actress Emma Stone leads the race of the highest paid actresses on number 15 in the world, but her earning of $26 million was nowhere close to the highest paid actors.

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47 more die in Bihar, UP floods; situation in Assam, West Bengal improves

NEW DELHI: Thirty-seven more persons perished in flood-hit Bihar, where over 1.46 crore people are still affected, while the situation in Uttar Pradeshremained alarming with 10 more deaths reported on Tuesday.

The toll in Bihar rose to 341 and touched 82 in Uttar Pradesh.

However, the flood situation eased in Assam and northern districts of West Bengal with water receding and no fresh deaths being reported in both the states.

The floods in Bihar has affected 18 districts of the state with around 7.61 lakh people shifted to safer areas. The toll stood at 304 till yesterday with 1.38 crore people battling the deluge.

Prime Minister Narendra Modi would make an aerial survey of flood-affected districts of state on August 26, Deputy Chief Minister Sushil Kumar Modi said.

According to a road construction department a total 203 state highways and other roads under it were damaged in flood waters in different places out of which 95 per cent have been repaired and made motorable.

Araria district accounted for 75 deaths alone, followed by Sitamarhi and West Champaran (36 each), Katihar (26), Kisanganj (23), Madhubani (23), East Champaran, Darbhanga and Madhepura (19 each), Supual (15), Gopalganj (14), Purnea (9) Muzaffarpur (7), Khagaria (6), Saran (6) and Saharsa (4), Sheohar (4), an official said.

Chief Minister Nitish Kumar reached Purnea by road from Patna after the helicopter in which he was to travel developed some snag. He inspected some relief camps there, an official accompanying Kumar said.

Chief Minister Nitish Kumar reached Purnea by road from Patna after the helicopter in which he was to travel developed some snag. He inspected some relief camps there, an official accompanying Kumar said.

Kumar would stay at Purnea tonight and would go to Araria, Katihar and Kisanganj tomorrow, the official said.

A total of 1,608 community kitchens were under operation in flood affected areas which served meals to 4.52 lakh people, a state Disaster Management department report said.

Light to moderate rainfall occurred at one or two places in the state since yesterday as the southwest monsoon is getting weak in the state, the MeT department has said.



Jhanjharpur received 4 cm rainfall, while Pusa and Madhwapur received 3 cm each and Thakurganj and Saulighat registered 2 cm of precipitation each.

Gaya recorded the highest maximum temperature of 35.2 degrees Celsius, followed by 35 degrees Celsius at Bhagalpur, 34.8 degrees Celsius in Patna and 33 degrees Celsius in Purnea.

The flood situation in Uttar Pradesh remained alarming with reports of 10 more deaths, taking the toll to 82 in the current wave of deluge in the state.

"The death toll in the floods has reached 82 in the state, where 2,855 villages in 25 districts are inundated affecting a population of over 22 lakh," the relief commissioner's office said here citing a flood report compiled till yesterday.

It said that around 50,000 people have taken shelter in relief camps in the affected districts of eastern Uttar Pradesh where there was no let up in flood fury as raging waters of the rivers emanating from Nepal caused havoc in vast swathes of land.

Army choppers, 26 companies of the NDRF, and 30 companies of PAC (flood) jawans continued relief and rescue operations round the clock in the severely hit areas of the flood- affected districts of the state.

However, the flood situation in Assam improved further with the water receding from human habitation and agricultural fields, giving relief to more people in the 12 affected districts of the state.

No fresh deaths due to the deluge were reported and the toll stood at 70, the Assam State Disaster Management Authority (ASDMA) said.

Altogether 11.02 lakh people, against yesterday's 14.36 lakh people, were hit by the floods that have submerged 9,000 hectares of farm fields, it said.

The districts still affected include Dhemaji, Lakhimpur, Barpeta, Chirang, Kokrajhar, Dhubri, South Salmara, Goalpara, Morigaon, Nagaon, Golaghat and Majuli.



Water of the Brahmaputra river was still flowing above the danger mark at Nimatighat at Jorhat and Dhubri town, while Dhansiri river is flowing above the danger mark at Numaligarh in Golaghat and Kopili river at Dharamtul in Nagaon district.

Assam Chief Minister Sarbananda Sonowal has requested Union Railway, Transport and Civil Aviation ministers to see that train services were restored at the earliest and smooth movement of goods-laden trucks resumed to ease suffering of flood-affected people.

In view of an alleged inordinate rise in air fares following disruption of train services, the chief minister also requested Union Minister of State for Civil Aviation Jayant Sinha to maintain "reasonable fare" of flights to the Northeast.



The situation in the six-flood hit districts of north Bengal too has improved a lot in the absence of major rainfall and people have started returning to their homes.

There has been no report of any fresh death in the flood-hit six districts of Alipurduar, Jalpaiguri, Coochbehar, North Dinajpur, South Dinajpur and Malda, an official said at the West Bengal secretariat said.

Floods in West Bengal have claimed 152 lives so far and affected around 1.5 crore people.



"Water has started receding from the flood-hit areas in these districts and people are returning home. The situation is improving everyday," he said.

Trains, however, did not ply in the region as rail tracks remained inundated.

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Government gets Rs 42,000 crore tax so far in first filing under GST

NEW DELHI: As much as Rs 42,000 crore has already come in as taxes so far in the first monthly filing under the new Goods and Services Tax (GST) regime and the revenues are expected to swell further as the filing cycle closes this later this week.

A senior official said that about Rs 15,000 crore has come in as Integrated-GST, which is levied on inter-state movement of goods, and another Rs 5,000 crore by way of cess on demerit goods like cars and tobacco.

The remaining Rs 22,000 crore has come in as Central-GST and State-GST, which would be split equally between the Union and state government.

"Tax deposited till this morning was Rs 42,000 crore," the official said

So far, 10 lakh tax payers have filed returns and another 20 lakh have logged in and saved return forms.

"We are seeing good compliance and our estimation is that 90-95 per cent of the assesses will file returns and pay taxes," he said.

Under the GST regime, which was implemented from July 1, businesses are expected to file the monthly tax return.

Tax for the first month is to be filed by an extended deadline of August 25. The deadline was extended as the tax return filing website snapped just a day before the due date ended on August 20.

GST unifies more than a dozen central and state levies including excise duty, service tax and VAT, and the revenue generated is to be split equally between the Centre and states.

In July last year, Rs 31,782 crore of excise duty was collected and Rs 19,600 crore of service tax.

Estimate for the combined sales tax or VAT collection by states was available.

While 72 lakh assessees of the old indirect tax regime have migrated to the GST Network portal, nearly 50 lakh have completed the migration proces

Besides, of the 15 lakh fresh registrations that have happened, as many as 10 lakh are expected to file returns for July.

A total of 60 lakh businesses are expected to file returns and pay taxes for July, the official added.

As per the GST law, any registered person who fails to furnish the details of outward or inward supplies or returns required by the due date will have to pay a late fee of Rs 100 for every day during which such failure continues subject to a maximum amount of Rs 5,000.

The collections from customs duty and IGST from imports post-implementation of GST have almost doubled to Rs 30,000 crore in July.

This compares to indirect tax collection of over Rs 16,000 crore of the same month of 2016.

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