Microsoft bullish on UP smartphone market
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Microsoft on Wednesday launched its most affordable Lumia smartphones in Uttar Pradesh, which, it said, was the biggest smartphones market in India.
The Uttar Pradesh smartphone market is pegged at rougly 700,000 units a month. The devices Microsoft Lumia 532 and Microsoft Lumia 435 are priced at Rs 6,499 and Rs 5,999, respectively, Microsoft subsidiary Nokia India Director (East) Kislay Kumar said here.
These smart phones run on Windows Phone 8.1 operating system and Lumia Denim.
India is amongst the fastest growing smartphones markets with sales during 2013 and 2014 calendar years standing at 4.4 million and 80 million respectively.
During 2015, the domestic smart phone market is estimated to touch 130-150 million units. Almost 80 per cent of this segment would be accounted for by the affordable category with price tags below Rs 12,000.
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Social networking service Instagram launched a new feature aimed at encouraging voters to participate in the elections. Upon opening the app, Instagram gives an alert on top which says, "Voting in India’s Lok Sabha elections starts today, April 19."
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The Supreme Court on Friday asked yoga guru Ramdev to implead the complainants, who have lodged cases against him over his alleged remarks against the use of allopathic medicines during the Covid pandemic, as party in his plea seeking stay of criminal proceedings.
The Patna and Raipur chapters of the Indian Medical Association (IMA) have lodged complaints in 2021 alleging Ramdev's remarks were likely to cause prejudice to Covid control mechanism and may dissuade people from availing proper treatment.
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Shares of Bharat Petroleum Corporation Ltd (BPCL) were down by 4.2 per cent at Rs 560.20 intraday on Friday.
Similarly, other oil and marketing companies (OMCs) such as Indian Oil Corporation and Hindustan Petroleum Corporation Ltd (HPCL) slumped 4.1 per cent each at Rs 162.20 and Rs 457, respectively in intraday deals.
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Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran.
Bitcoin slid more than 5.5 per cent to $59,961 in the Asia session as the US dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895.
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Israeli missiles targeted a site in Iran in response to a recent drone and missile attack launched by Iran, reportedly in retaliation against an alleged Israeli airstrike on Iranian embassy in Syria, according to a report in ABC News.
ABC News reported on the unfolding situation, amid fears that the clash between Israel and Iran might escalate into a wider regional conflict.
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