Micromax teams up with BSNL to launch JioPhone competitor

Micromax teams up with BSNL to launch JioPhone competitor”

The company, however, has now updated its website to disclose the applicable terms and conditions of their JioPhone.

The JioPhone, rolling out this week for a refundable deposit of 1,500 rupees ($23.05), will cost at least 2,500 rupees ($39) to assemble, the sources told Reuters.

At the time of the unveiling, there were no conditions attached with the Jio-branded phone, though it was expected that some would be announced as the release draws closer. Now that the Jio Phone deliveries have started, the company has mentioned on its website to say that customers will have to pay as much as Rs. 1,500 for returning the phone ahead of schedule. But the things are changed now because they did not disclose the recharge scenario of Rs 1,500 every year for the period of 3 years to take the benefit of their scheme and to use the phone. It also lists down the policy for early return and if you were planning to refund the phone after an initial use of 1 year then you might have to pay some extra pennies from your pocket.

If you're a customer looking to return the JioPhone before one year from the purchase, you will be penalised because Jio will be charging the entire security deposit amount of Rs. 1,500, and on top of that, you have to pay additional GST charges if any.

Jio also states that they have the right to take back your phone, if you don't recharge your device for a minimum value of Rs 1500 per year i.e. Rs 125 per month.

Reliance Jio begins shipping to over six million customers in India. Similarly, customers who return the device after two years but before completing the 3 years they have previously committed to the company, they would be charged Rs. 500, and applicable GST or other taxes. The customer who returns the JioPhone in the period of 12-24 months, would be charged Rs 1,000 along with GST and other taxes.

To step in the competition with JioPhone, the Indian consumer electronics company - Micromax is about to introduce its new phone Bharat 1 with several offers.

Like this



27 September 2017
Defiant to USA concerns, Iran unveils new ballistic missile in military parade
In the ceremony Iran's most advanced military power and abilities were also showcased. He stressed that Iran's military power will be deployed for deterrent purposes.

27 September 2017
Total System Services, Inc. (NYSE:TSS) Experiences Heavier than Usual Trading Volume
COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. Doyle Wealth Management purchased a new position in shares of Total System Services in the second quarter worth about $205,000.

27 September 2017
Trudeau downplays uncertainty about U.S. trade demands, while promoting Canada's team
Organized-labor officials were briefed on the USA proposal on the condition they didn't disclose specific details in the proposal. The ruling that imposed U.S. duties of almost 220 per cent on Bombardier C Series jets is expected to be a hot topic when Ms.

27 September 2017
Insiders are Gradually Selling SeaWorld Entertainment, Inc. (NYSE:SEAS)
Looking at some alternate time periods, the 12 month price index is 0.94180, the 24 month is 0.76000, and the 36 month is 0.70771. State Street Corp boosted its holdings in SeaWorld Entertainment by 2.0% in the 1st quarter. (NYSE:T) for 39,177 shares.

27 September 2017
Puma Biotechnology Inc Sentiment Improves on Better Stock Potential
Adage Capital Partners Gp Llc increased Protagonist Therapeutics Inc stake by 400,000 shares to 2.06M valued at $23.25M in 2017Q2. Group One Trading Lp decreased Progenics Pharmaceuticals In (Call) stake by 83,800 shares to 10,200 valued at $69,000 in 2017Q2.

27 September 2017
Kempen Capital Management NV Acquires 29435 Shares of Teradyne, Inc. (TER)
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Segantii Capital Management Ltd bought a new stake in shares of Teradyne in the 1st quarter worth approximately $121,000.

27 September 2017
China Issues New Sanctions On NK To Limit Imports On Oil, Textiles
China now accounts for roughly 90% of North Korea's trade, making it a critical trading partner. China's central bank did not immediately respond to a request for comment.

27 September 2017
Apple releases iOS 11.0.1 update for iPhone and iPad
It also comes with numerous features users would find in the iPhone 8 , including wireless charging and the A11 Bionic chip. Slow-motion video capture at 1080p is also smoother, at 240 frames per second - double from previous year .

27 September 2017
Study finds one in five teens report a concussion in their lifetime
In a survey of more than 13,000 teenagers, almost 20% noted at least one diagnosed concussion during their lifetime. As many as one in five USA teens may have suffered a concussion, and contact sports might often be the cause.

27 September 2017
Bill O'Reilly returns to Fox as Hannity's guest
Maddow has earned the highest ratings in cable news over the past few months, but Hannity earned a clear victory on Monday night. O'Reilly has been on a tour promoting his novels about alternate history Killing England and discussing his exit from Fox.