Jio Phone Deliveries Said to Have Started on Sunday, 6 Million Units to Be Delivered in 15 Days

The delivery of about 6 million JioPhone units will start on Sunday and be completed within 15 days, as per a channel partner of Reliance Jio Infocomm Ltd (RJIL).
Deliveries of the low-cost 4G handsets will begin from rural areas and small towns before urban centres, the partner, who did not wish to be named, told PTI.
“The Chairman (Mukesh Ambani) had said that the JioPhone will bridge digital divide between rural and urban India.
Therefore, delivery of JioPhone will start this Sunday in rural areas and small towns,” the channel partner said.
Jio Phone First Impressions
Queries sent to Reliance Jio did not elicit any response. Pre-booking of the JioPhone started on August 24 against payment of a refundable deposit of Rs. 500. The remainder Rs. 1,000 has to be paid by the customer when the company starts delivering the handsets. The entire amount will be refunded against return of the phone after three years.
“The delivery of first lot of 6 million will be completed in 10-15 days,” the..

The delivery of about 6 million JioPhone units will start on Sunday and be completed within 15 days, as per a channel partner of Reliance Jio Infocomm Ltd (RJIL).

Deliveries of the low-cost 4G handsets will begin from rural areas and small towns before urban centres, the partner, who did not wish to be named, told PTI.

"The Chairman (Mukesh Ambani) had said that the JioPhone will bridge digital divide between rural and urban India.

Therefore, delivery of JioPhone will start this Sunday in rural areas and small towns," the channel partner said.

Jio Phone First Impressions

Queries sent to Reliance Jio did not elicit any response. Pre-booking of the JioPhone started on August 24 against payment of a refundable deposit of Rs. 500. The remainder Rs. 1,000 has to be paid by the customer when the company starts delivering the handsets. The entire amount will be refunded against return of the phone after three years.

"The delivery of first lot of 6 million will be completed in 10-15 days," the source said.

He, however, was not aware of the dates for the next round of booking for JioPhone.

According to CyberMedia Research, a total of 61.8 million mobiles were shipped in the second quarter of 2017. With 6 million units of sale, JioPhone is estimated to account for around 10 percent of India's total mobile phone market in a quarter.

Reliance Jio Chairman Mukesh Ambani had announced that voice calling for customers of JioPhone would always be free and they would get unlimited data for a month against a payment of Rs. 153.

JioPhone will come with pre-loaded Jio apps for messaging and entertainment. The phone can be connected with television sets for watching live TV using the Jio TV app.

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Xiaomi Sold More Than 1 Million Smartphones in 2 Days During Flipkart, Amazon Sales

Xiaomi was able to cash in on India's festive sales once again. The Chinese smartphone maker said on Friday that it sold more than one million smartphones in two days in the country as e-commerce giants Flipkart and Amazon India attempted to lure customers with massive discounts in their ongoing sales.
To put the numbers in perspective, Xiaomi sold more than 300 smartphones on an average every minute for two days. The company said it saw a significant increase in sales this festive season, compared to the one from last year, where it had taken 18 days to sell one million smartphones.
“This achievement marks an industry first, and is a key milestone for Xiaomi India,” the company said. In particular, the company's Redmi Note 4 smartphone continues to sell like hotcakes in India. It was the highest selling smartphone during Flipkart’s Big Billion Day Sale, the company said. Xiaomi said eight of nine selling smartphones with smartphone category on Amazon India were Xiaomi produc..

Xiaomi was able to cash in on India's festive sales once again. The Chinese smartphone maker said on Friday that it sold more than one million smartphones in two days in the country as e-commerce giants Flipkart and Amazon India attempted to lure customers with massive discounts in their ongoing sales.

To put the numbers in perspective, Xiaomi sold more than 300 smartphones on an average every minute for two days. The company said it saw a significant increase in sales this festive season, compared to the one from last year, where it had taken 18 days to sell one million smartphones.

"This achievement marks an industry first, and is a key milestone for Xiaomi India," the company said. In particular, the company's Redmi Note 4 smartphone continues to sell like hotcakes in India. It was the highest selling smartphone during Flipkart’s Big Billion Day Sale, the company said. Xiaomi said eight of nine selling smartphones with smartphone category on Amazon India were Xiaomi products. Xiaomi was also the number one brand for both Amazon and Flipkart in the mobile category during the period.

"Our careful planning has also ensured that high selling smartphones such as Redmi 4 and Redmi Note 4 are in stock throughout the festive sale. We are extremely thankful to all our Mi Fans for their amazing support, and will continue to work hard to constantly outdo ourselves as we have done on many occasions in the past," Raghu Reddy, Head of Online Sales, Xiaomi India said in a press statement.

The surge in sales comes as Flipkart and Amazon India offer lucrative deals across product categories on their e-commerce website. Both the companies will be aggressively fighting each other in the next one month as Indians prepare to celebrate for Diwali, the festival of lights which has traditionally seen them do a lot of shopping.

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Flipkart Big Billion Days Sale: Record 1.3 Million Smartphones Sold in First 20 Hours

Flipkart's The Big Billion Days sale kicked off on Wednesday offering huge discounts and offers on a number of products, especially in the electronics segment. The sale saw a plethora of smartphones on offer which were attractive enough to rake in massive numbers for the e-commerce giant as it claims to have sold 1.3 million smartphones within the first 20 hours of the sale. This is twice the number of smartphones the platform sold during the same time-frame of last year's Big Billion Days sale. The company also said the numbers sold this time is three times that of the nearest competitor.
“These numbers reinforce our position as the absolute leader in smartphones. What Flipkart offers – the latest phones, the large number of exclusives, affordability measures like No Cost EMI, Buyback Guarantee etc. – are unmatched in the industry. So, when it comes to buying a smartphone in India, there is no other destination and our customers trust us to buy the latest smartphones at the ..

Flipkart's The Big Billion Days sale kicked off on Wednesday offering huge discounts and offers on a number of products, especially in the electronics segment. The sale saw a plethora of smartphones on offer which were attractive enough to rake in massive numbers for the e-commerce giant as it claims to have sold 1.3 million smartphones within the first 20 hours of the sale. This is twice the number of smartphones the platform sold during the same time-frame of last year's Big Billion Days sale. The company also said the numbers sold this time is three times that of the nearest competitor.

"These numbers reinforce our position as the absolute leader in smartphones. What Flipkart offers – the latest phones, the large number of exclusives, affordability measures like No Cost EMI, Buyback Guarantee etc. – are unmatched in the industry. So, when it comes to buying a smartphone in India, there is no other destination and our customers trust us to buy the latest smartphones at the best prices," said Ayyappan Rajagopal, Senior Director, Mobiles at Flipkart.

The company says that the record numbers are largely due to various affordability schemes offered during the sale. It said that 1 in every 4 customers buying a premium smartphone did so via Flipkart's Buyback Guarantee. Additionally, over 80 percent of the entire sales in the premium segment happened through offers like No Cost EMI, Exchange, and Buyback Guarantee.

Flipkart's Big Billion Days Sale will continue till Sunday, September 24. So far, the e-commerce giant has offered discounts across smartphones such as the iPhone 7, Samsung Galaxy S7, and, Xiaomi Redmi Note 4 to name a few. The sale also had price drops for other electronic products such as Apple AirPods, MacBook Air and HP Envy 13.3-inch laptops, Samsung's 24-inch full HD curved LED monitor, Panasonic 40-inch Full HD LED TV, and JBL Cinema SB150 soundbar, among others.

Most of the offers on smartphones and electronics still remain halfway through the sale. Customers can find the Redmi Note 4 (4GB + 64GB) variant at Rs. 10,999, the Mi Max 2 (4GB + 64GB) for Rs. 14,999, the iPhone 7 and Samsung Galaxy S7 are still down to Rs. 39,999 and Rs. 29,990, respectively. The offer on JBL Cinema SB150 soundbar still hold strong at Rs. 10,999 (MRP Rs. 24,990), while the AirPods can still be bought at a sub-Rs. 10,000 price tag. In televisions, you can find the Panasonic 40-inch Full HD LED TV at Rs. 26,999 and VU's 43-inch full HD LED TV for Rs. 22,999.

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Ralph Lauren’s $350 Million Car Collection Takes Center Stage at New York Fashion Week

It's no surprise that famed clothing designer Ralph Lauren is a gear head. Car enthusiasts have often uttered the phrase, “Adults are just kids with money,” and that's stuff Lauren certainly has a lot of to spend on his expensive toys.
CarJam TV recently sat down with the billionaire to discuss his collection and the origins of his obsession. While Lauren's collection is filled with many of the most sought-after cars in the world, he showed that he's more of a Jay Leno than a Floyd Mayweather, meaning that he collects the cars based purely on his own interests rather than as a fashion statement (not that the latter is a bad thing).
Lauren recalls his childhood, when he acquired the car bug, and finally cobbled enough money together to afford a fun vehicle, then immediately wanting another cool car to drive.
With more money coming in, he never let go of his favorites, and the collection he amassed became as out-of-hand as it did exotic.
The latter half of the vide..

It's no surprise that famed clothing designer Ralph Lauren is a gear head. Car enthusiasts have often uttered the phrase, "Adults are just kids with money," and that's stuff Lauren certainly has a lot of to spend on his expensive toys.

CarJam TV recently sat down with the billionaire to discuss his collection and the origins of his obsession. While Lauren's collection is filled with many of the most sought-after cars in the world, he showed that he's more of a Jay Leno than a Floyd Mayweather, meaning that he collects the cars based purely on his own interests rather than as a fashion statement (not that the latter is a bad thing).

Lauren recalls his childhood, when he acquired the car bug, and finally cobbled enough money together to afford a fun vehicle, then immediately wanting another cool car to drive.

With more money coming in, he never let go of his favorites, and the collection he amassed became as out-of-hand as it did exotic.

The latter half of the video details Ralph Lauren's brilliant idea to merge the two things he loves most, cars and clothes.

"I think that matching the art of the cars and fashion of the clothes is exciting," Lauren said. This week, Ralph Lauren hosted his brand's New York Fashion Week at Ralph's Garage, where he stores his insane collection. Models displayed automotive-inspired clothing in front of a high-profile audience and used two rows of hypercars as a makeshift runway.

This unconventional show was a huge hit, with celebrities who attended the event like Jessica Chastain and Nina Dobrev saying that they loved the connection between apparel and automobiles.

It might be a strange concept to most, but Ralph Lauren's unique fashion show certainly sits well with us, and we hope more fashion moguls realize that these expressive industries go hand in hand.

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COLOMBIA: World Bank's IFC Issues Bonds In The Country For US$ 11.65 Million

COLOMBIA: World Bank's IFC Issues Bonds In The Country For US$ 11.65 Million The International Finance Corporation (IFC), a World Bank Group's arm, sold 33.7 billion Colombian pesos (US$ 11.65 million) in bonds issued in local currency for the local market.
The sale of bonds is also part of IFC's strategy to promote the development of capital markets in Colombia. The World Bank Group's program could reach up to 3 trillion pesos in the next three years.
The issue will support IFC operations in Colombia, including financing projects in the South American country. “With this issue, we are again showing IFC's leadership in the development of capital markets in Colombia,” said Carlos Pinto, manager of the World Bank Group's Andean region division.

COLOMBIA: World Bank's IFC Issues Bonds In The Country For US$ 11.65 Million

colombia: world bank's ifc issues bonds in the country for us$ 11.65 million

The International Finance Corporation (IFC), a World Bank Group's arm, sold 33.7 billion Colombian pesos (US$ 11.65 million) in bonds issued in local currency for the local market.

The sale of bonds is also part of IFC's strategy to promote the development of capital markets in Colombia. The World Bank Group's program could reach up to 3 trillion pesos in the next three years.

The issue will support IFC operations in Colombia, including financing projects in the South American country. "With this issue, we are again showing IFC's leadership in the development of capital markets in Colombia," said Carlos Pinto, manager of the World Bank Group's Andean region division.

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… THIS is a forecast – Dow Jones Industrial Average to “over 1 million”

The Dow Jones Industrial Average closed at a record high today – At 22,412 and change But, here is a forecast for more, much higher …

The Dow Jones Industrial Average closed at a record high today – At 22,412 and change But, here is a forecast for more, much higher …

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Amazon Sale Offers Announced: Discounts on 160 Million Products, Up to 40 Percent Off on Mobile Phones

Amazon sale offers on mobiles and other electronics include several exclusive launches, deep discounts, exchange offers, and no cost EMIs.

Amazon sale offers on mobiles and other electronics include several exclusive launches, deep discounts, exchange offers, and no cost EMIs.

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Honda invests $267 million, will add 300 jobs to increase Accord production in Ohio

Honda Motor Co. said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker’s plant in Marysville, Ohio.
Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks.
The new Accord, like rival Toyota Motor Corp.’s all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release figures.
Honda’s investment in Ohio consists of $220 million for the Marysville plant, including a new $165 million welding department with 342 welding robots. The automaker is also investing $47 million at its Anna, Ohio, engine plant to provide turbocharged engines for the Accord.
The Marysville plant also makes the Acura TLX, a luxury midsize sedan, and th..

Honda Motor Co. said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker’s plant in Marysville, Ohio.

Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks.

The new Accord, like rival Toyota Motor Corp.’s all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release figures.

Honda’s investment in Ohio consists of $220 million for the Marysville plant, including a new $165 million welding department with 342 welding robots. The automaker is also investing $47 million at its Anna, Ohio, engine plant to provide turbocharged engines for the Accord.

The Marysville plant also makes the Acura TLX, a luxury midsize sedan, and the Acura ILX, a luxury compact sedan. With the new investments the plant will have a capacity of 440,000 vehicles a year and can add volume for the Accord as necessary, Steve Rodriguez, Honda’s manufacturing leader for the Accord, told reporters on a conference call on Monday.

Ray Mikiciuk, Honda assistant vice president for sales, said the company is not giving a sales forecast for the Accord, but added, “I don’t expect to sell fewer Accords in 2018 with this great new product.”

Honda’s announcement follows Toyota’s last month that it would take a 5 percent stake in smaller Japanese rival Mazda Motor Corp. as part of an alliance that will include a $1.6 billion U.S. assembly plant and collaboration on electric vehicles.

The plant came as a surprise for investors at a time of weakening U.S. new vehicle sales.

It also stands in contrast to recent moves by General Motors and Ford Motor Co. Faced with declining sedan sales, GM has cut the third shift at a couple of its plants.

Ford has announced it will move production of its next generation Focus sedan to China from Mexico to save $500 million in retooling costs. The U.S. automaker also announced in May it was laying off more than 1,000 salaried workers.

Passenger car sales have steadily declined since 2012 when they made up 51.2 percent of the U.S. market. Sedans sagged to a 38.1 percent share in the first half of this year.

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Honda invests $267 million, to add 300 jobs for new Accord model

Honda Motor Co. said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker’s plant in Marysville, Ohio.
Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks.
The new Accord, like rival Toyota Motor Corp.’s all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release figures.
Honda’s investment in Ohio consists of $220 million for the Marysville plant, including a new $165 million welding department with 342 welding robots. The automaker is also investing $47 million at its Anna, Ohio, engine plant to provide turbocharged engines for the Accord.
The Marysville plant also makes the Acura TLX, a luxury midsize sedan, and th..

Honda Motor Co. said on Monday its has invested $267 million and will add 300 new jobs to support increased production of its revamped 2018 Accord sedan model at the Japanese automaker’s plant in Marysville, Ohio.

Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks.

The new Accord, like rival Toyota Motor Corp.’s all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release figures.

Honda’s investment in Ohio consists of $220 million for the Marysville plant, including a new $165 million welding department with 342 welding robots. The automaker is also investing $47 million at its Anna, Ohio, engine plant to provide turbocharged engines for the Accord.

The Marysville plant also makes the Acura TLX, a luxury midsize sedan, and the Acura ILX, a luxury compact sedan. With the new investments the plant will have a capacity of 440,000 vehicles a year and can add volume for the Accord as necessary, Steve Rodriguez, Honda’s manufacturing leader for the Accord, told reporters on a conference call on Monday.

Ray Mikiciuk, Honda assistant vice president for sales, said the company is not giving a sales forecast for the Accord, but added, “I don’t expect to sell fewer Accords in 2018 with this great new product.”

Honda’s announcement follows Toyota’s last month that it would take a 5 percent stake in smaller Japanese rival Mazda Motor Corp. as part of an alliance that will include a $1.6 billion U.S. assembly plant and collaboration on electric vehicles.

The plant came as a surprise for investors at a time of weakening U.S. new vehicle sales.

It also stands in contrast to recent moves by General Motors and Ford Motor Co. Faced with declining sedan sales, GM has cut the third shift at a couple of its plants.

Ford has announced it will move production of its next generation Focus sedan to China from Mexico to save $500 million in retooling costs. The U.S. automaker also announced in May it was laying off more than 1,000 salaried workers.

Passenger car sales have steadily declined since 2012 when they made up 51.2 percent of the U.S. market. Sedans sagged to a 38.1 percent share in the first half of this year.

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This $3 Million Brooklyn Townhouse Comes With Its Own Brand-New Tesla

Take it from us: Brooklyn real estate can be a nightmare. In recent decades, neighborhood after neighborhood has seen property values skyrocket as gentrifiers roll across the river from Manhattan; even The Drive's own neighborhood of Sunset Park—a traditionally immigrant neighborhood bordering a superhighway, crammed with warehouses and industrial facilities—now plays home to single-family homes worth more than a million bucks
So by those standards, spending $3 million on a new two-family townhouse in a fashionable 'hood doesn't seem like that terrible of a deal. But to sweeten the deal just a dash, the people selling the house are throwing in a bonus: Buy this house, and get a new Tesla thrown in with it as part of the bargain.
The townhouse in question is located in at at 307 Van Brunt Street in Brooklyn's Red Hook neighborhood, a waterfront area in the midst of growing into a Mecca of urban upper-middle-class life. Formerly home to warehouses and shipyards, it no..

Take it from us: Brooklyn real estate can be a nightmare. In recent decades, neighborhood after neighborhood has seen property values skyrocket as gentrifiers roll across the river from Manhattan; even The Drive's own neighborhood of Sunset Park—a traditionally immigrant neighborhood bordering a superhighway, crammed with warehouses and industrial facilities—now plays home to single-family homes worth more than a million bucks

So by those standards, spending $3 million on a new two-family townhouse in a fashionable 'hood doesn't seem like that terrible of a deal. But to sweeten the deal just a dash, the people selling the house are throwing in a bonus: Buy this house, and get a new Tesla thrown in with it as part of the bargain.

The townhouse in question is located in at at 307 Van Brunt Street in Brooklyn's Red Hook neighborhood, a waterfront area in the midst of growing into a Mecca of urban upper-middle-class life. Formerly home to warehouses and shipyards, it now plays host to a wide variety of bars, restaurants, pastry shops, and of course, New York City's sole example of the Scandinavian relationship crucible known as Ikea. However, in spite of its close proximity to Manhattan—Battery Park is less than a mile away as the seagull flies—Red Hook has largely lagged behind other areas of Brooklyn in terms of gentrification, thanks to a lack of easily-accessible public transportation. Unlike much of New York City, life in Red Hook can be rather grueling without regular automobile access.

"We thought what could be a better pairing in Red Hook than Tesla and this property," Ideal Properties director of business development Jennifer Bocian told local news site DNAInfo. "The developer wanted to make sure he could provide a dedicated parking space. So, in this case, no subway, no problem.”

Helping matters: Red Hook is also home to a massive Tesla showroom, located just four-tenths of a mile from the available property. In fact, specialists from said showroom will be on hand during showings of the house to help woo potential buyers. Which particular Tesla model the buyers will receive will be hammered out during contract negotiations, so if you're a shrewd negotiator, you might be able to parlay your way into a Ludicrous-equipped Model S P100 D. (Then again, given the rough roads in the area, you might be better off going with a Model X.)

Of course, having a high-tech electric car does you no good if you don't have a place to plug in, so the house comes with both a dedicated parking space and a built-in Tesla charger. (The nearest Supercharger station is at John F. Kennedy Airport, according to Tesla, though the company says it plans to add six more across NYC by the end of the year.)

Even without the free Tesla, 307 Van Brunt Street would be a pretty enviable piece of house. Designed as a three-bedroom, two-and-a-half bathroom main apartment over a two-bedroom property ideal for renting out, it's crammed with the sort of subtle luxury that NYC apartments not owned by POTUS are renowned for: fine stone and hardwood flooring (with radiant heating in the bathrooms), a chef's kitchen, bedroom balconies, and that most appreciated of New York niceties: a backyard. There's also a 1,000-square-foot roof deck, ideal for launching your canoes from when the next Hurricane Sandy hits luxuriating in those Brooklyn sunsets from.

Oh, and if that's not enough, there is one more bonus: Buy this house, and you'll instantly become the neighbor of both chief auto critic Lawrence Ulrich and writer Benjamin Preston.

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