How dominant are Chinese firms in India's sub-Rs 10,000 mobile device market? The question has become relevant as the government has been thinking of reserving this price segment for domestic players who have not been able to battle the Chinese onslaught. However, telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category.
The Bharatiya Janata Party on Friday asked the Central Bureau of Investigation, which grilled Commonwealth Games Organising Committee Chief Suresh Kalmadi for nine hours, to stop "playing host" to the Congress leader and said his rightful place was in jail for "indulging in corruption" in the Games' projects.
The Centre on Tuesday directed Suresh Kalmadi, convener of the Commonwealth Games, to relieve immediately T S Darbari and Dr Sanjay Mahindroo, senior officials holding high positions in the CWG Organising Committee, on alleged corruption charges.
Major mobile handset companies have announced reduction to the extent of 26 per cent in their prices across all the segments following the reduction of basic customs duty to 5% along with abolition of 4% SAD announced in the Mini-Budget.
'There is no doubt at all that Jio's disruption of the mobile broadband market was a turning point for India's digital economy.'