• Ringing-Bells-Freedom-251
    Ringing Bell Freedom 251 Impossible Pricing and Speculations

    Ringing Bells’ Freedom 251, claims to have received order of 2.5 mn handsets in a two day sale, the company received around 70 mn registrations in two days. Regarding ultra low price and income margins Ashok Chadha, president of Ringing Bell says,”Economies of scale gets it down to around Rs 1,200, and thereafter an online sales model cuts…

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  • 1will
    Mobiles Making India Less Cash Conscious

    The trend of Indians moving towards mobile payment and fund transfers is increasing rapidly, in current fiscal year, mobile wallets overtook mobile banking in number o transactions. mobile wallet transactions surged to 400 mn during April-November 2015. Mobile banking transactions were doubled from 98 mn during the first eight months of 2014-15 to 265 mn. At the current level,…

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