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Banks Receive Rs 12.44 Lakh Crore Of Old, Invalid Notes So Far, Says RBI

Mumbai: Banks have taken back Rs 12.44 lakh crore ($184.24 billion) of high-value currency that the government abruptly abolished last month, Reserve Bank of India Deputy Governor R Gandhi said on Tuesday. That represents about 80 percent of the Rs 15.44 lakh crore in 500- and 1,000-rupee notes that were circulating before Prime Minister Narendra Modi abolished them on Nov. ... Read More »

No Regulatory Obstacles For NRIs Depositing Banned Notes: Bank Of England

London: In a relief to British Indians and NRIs, the Bank of England has said that it does not foresee any regulatory obstacles to people wanting to deposit or exchange banned Rs. 500 and Rs. 1,000 notes at the UK branches of Indian banks. The banking authority’s chief stressed the issue was a matter for the Indian government, who must ... Read More »

Freedom 251 Maker Ringing Bells Refutes Reports of Shutting Down

Reports of Ringing Bells closing down its operations are surfacing online. In a statement on Thursday, the company is denying those reports however. TeleAnalysis reported that the maker of the Freedom 251 smartphone formed another company named MDM Electronics Private Limited, and had set up shop in Delhi, closing the curtains on Ringing Bells forever. However, the Indian company has ... Read More »

Huawei Enjoy 6s With 3GB of RAM Launched: Price, Specifications, and More

Huawei has unveiled its new Enjoy 6s smartphone in China. Priced at CNY 1,599 (approximately Rs. 16,000), the Huawei Enjoy 6s is now available to buy in China in Gold, Silver, and White colour variants. The Huawei Enjoy 6s is an upgraded variant of the Huawei Enjoy 6. The Enjoy 6s looks almost identical to its predecessor with a few ... Read More »

Some iPhone Users Reporting of Repeated Freezing of Phone App

Apple has recently been receiving several types of user complaints on its product forums, and now iPhone users are reporting another issue. According to some users, the Phone app keeps freezing sporadically making it impossible for users to make and take calls. Forbes was the first to notice these complaints on the forums, and claims that even though the issue ... Read More »

Gionee Smartphone With 7000mAh Battery Teased Ahead of Launch

Gionee has teased the launch of its upcoming smartphone via Weibo, which is Chinese equivalent of Twitter. The upcoming smartphone believed to be dubbed M2017 is expected to sport a large 7000mAh battery, which will be the biggest USP of the handset. GizmoChina first reported the teaser image shared by Gionee which showed the new brand ambassador holding the upcoming ... Read More »

Android 7.0 Nougat on 0.4 Percent of Android Devices; Android 6.0 Is Now Single Most Used Version: Google

Google’s Android 7.0 Nougat, the latest publicly available version of Google’s mobile and tablet operating system, is now running on 0.4 percent of active Android devices, according to the latest Google Play distribution data. The latest version has seen just 0.1 percent increase since November. Google has updated its Google Play distribution data for the seven-day period ending December 5. ... Read More »

Zuk Edge Price, Specifications, Image Leaked Ahead of Launch

Lenovo is expected to unveil the Zuk Edge sometime this week, and running up to the launch, the smartphone has been leaked on several occasions. Now, a fresh render of the device has been leaked giving us some design peaks, along with the price and specification details of the smartphone. The render leaked by Slashleaks shows the front side of ... Read More »

Foxconn Manager Indicted for Stealing, Selling Thousands of iPhones for Nearly $1.56 Million

A former senior manager at Taiwan’s technology giant Foxconn has been indicted for stealing and selling 5,700 iPhones in China to pocket around $1.56 million (roughly Rs. 10.6 crores), Taiwanese prosecutors said Friday. Foxconn is the world’s largest contract electronics maker and assembles products for international brands such as Apple and Sony. It employs about one million workers at its ... Read More »

Huawei Reveals Android 7.0 Nougat Update Rollout Plans, Including List of Eligible Devices

Following HTC, Samsung and Sony, Huawei has also announced its plans for rollout of the latest Android 7.0 Nougat software. The update will arrive with the company’s EMUI 5.0 ROM sometime in the first quarter of next year only to a select few announced smartphones. Huawei has announced that the Huawei Mate 8, Huawei P9, Huawei P9 Plus, Huawei P9 ... Read More »