Karti Chidambaram in custody, to appear in court today: Top 10 developments

A regular CBI court on Thursday will hear the agency, which sought a 15-day remand of Karti Chidambaram in the INX Media case

Karti Chidambaram, businessman and former finance minister P Chidambaram's son, will be produced before the Patiala House Court on Thursday in connection with the so-called INX Media money-laundering case. Karti had been arrested by the Central Bureau of Investigation (CBI) at the Chennai airport on Wednesday morning and taken into custody by a team of CBI officers on his return from the United Kingdom. He was produced before a Delhi court, which sent him to CBI custody for one day.

Karti Chidambaram's remand will last until 12.30 pm on Thursday when a regular CBI court will hear the probe agency. The central probe agency had sought a 15-day remand for his custodial interrogation.

He will be produced before a CBI court on Thursday, All India Radio News has reported.

The CBI justified Karti's arrest by taking the ground of his non-cooperation and frequent foreign visits. CBI Prosecutor V K Sharma told the court that Karti had been repeatedly travelling abroad, which "confirmed apprehensions" that he would flee the country.

Further, the agency argued that one of the grounds for arresting Karti was the recorded statement of Indrani Mukerjea, former director of INX Media (P) Ltd.

Opposition Congress described Karti's arrest as vendetta and a diversionary tactic by the ruling Bharatiya Janata Party (BJP). Karti, for his part, said the "whole exercise" was meant to "politically target" his father.

Opposing the CBI's arguments in court, senior advocate Abhishek Manu Singhvi, appearing for Karti Chidambaram, said it was a "bizarre" case. Singhvi argued that there were no grounds for the arrest.

Here are the top 10 developments around Karti Chidambaram's arrest and the INX Media money-laundering case:

1) Karti to be produced before Delhi Court: Karti Chidambaram will be produced before the Patiala House Court on Thursday in connection with the INX Media money-laundering case, according to news agency ANI. All India Radio News, however, reported that he would be produced before a CBI court on Thursday.

The Patiala House Court will also hear the bail plea of S Bhaskararaman, Karti's chartered accountant (CA), in connection with the same case. The CA had filed a bail plea before a Delhi Court on Wednesday.

The Enforcement Directorate (ED) had arrested S Bhaskararaman from a hotel in Delhi on February 16. Subsequently, a Delhi court had sent Bhaskararaman to 14 days of judicial custody on February 26.

Click Here To Read More : karti Chidambaram

EPFO makes online claims mandatory for PF withdrawals above Rs 1 mn

Under the pension scheme, there is a provision of part withdrawal of pension, commonly known as commutation of pension money

Retirement fund body EPFO has made it mandatory to file online claims for provident fund withdrawals above Rs 1 million, taking another step towards becoming a paperless organisation.

The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for withdrawals of above Rs 0.5 million under the Employees Pension Scheme 1995.

Under the pension scheme, there is a provision of part withdrawal of pension, commonly known as commutation of pension money. At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as also for a pension.

The decision was taken at a meeting chaired by Central Provident Fund Commissioner on January 17, 2018, an official said.

The official said the field offices have been directed that the claims must be accepted online in case the amount of provident fund withdrawal is above Rs 1 million.

Similarly, the claims must be online in case the amount is above Rs 0.5 million under employees' pension scheme, the official added.

The bank account of the subscriber has to be seeded and verified in the system before the online claims can be settled.

Moreover, the subscriber should have been issued a universal account number and same must be activated.

The official said that all claims exceeding the said limits would not be accepted in the physical form now onwards.

The EPFO has over 60 million subscribers and manages a corpus of Rs 10 trillion.

Click Here To Read : PF Withdrawals

Meghalaya, Nagaland polls 2018: One dead in clashes; top 10 developments

Voting underway in Meghalaya and Nagaland Assembly elections 2018; BJP and Congress slug it out for the Northeast

Voting in the crucial Meghalaya and Nagaland Assembly elections began on Tuesday at 7 am amid tight security, with the Bharatiya Janata Party (BJP) and Congress slugging it out to see who would emerge as the more dominant party in the Northeast. Despite security being beefed up, one person was injured in a bomb blast at a polling station in Mon District's Tizit in Nagaland.

According to the Election Commission, 22 per cent voting was recorded in Meghalaya till 9:30 am. While 17 per cent voting was recorded in Nagaland till 9 am.

Nagaland CM TR Zeliang has said that he will move towards a Naga political solution after the state polls are concluded.

The two states have a 60-member House each. However, voting will be held only for 59 constituencies in each. Voting for the 60-member Assemblies will commence from 7 am and conclude by 4 pm, except at some polling stations in Nagaland's interior districts where the process is scheduled to be completed at 3 pm.

Encouraged by the formation of governments in Assam, Manipur, and Arunachal Pradesh, the Bharatiya Janata Party (BJP) is making a determined bid to expand its footprint in the Northeast. Meanwhile, the Assembly election's outcome in Meghalaya is particularly significant for the Congress, which has been ruling the state for the past 10 years.

The results of the polls in the two states, along with that of Tripura, will be declared on Saturday, March 3. The high-octane Meghalaya and Nagaland Assembly elections campaign, during which barbs flew thick and fast among parties, ended on Sunday.

Here are the top 10 developments in the crucial Meghalaya and Nagaland Assembly polls:

1) Naga political solution after polls: Speaking to news agencies, Nagaland CM TR Zeliang said, "We expect that polling will finish smoothly and we will get absolute majority according to the voice of the people. We hope peace will prevail in the state and we will move for Naga political solution."

Article Source By : Business Standard

Sridevi funeral: Actor drowned; body still in Dubai; top 10 developments

Sridevi's death case took a new twist on Monday as her autopsy report revealed that she died due to accidental drowning and not cardiac arrest

Veteran actor Sridevi's mortal remains are still in Dubai, pending paperwork. After receiving the Autopsy report, the Dubai police has started examining the circumstances of the actor's death. According to media reports, police are trying to recreate the sequence of events leading up to her death and have questioned those accompanying her, including her husband.

Meanwhile, Indian Envoy to UAE Navdeep Suri assured that the Indian embassy was trying hard to send Sridevi's body to India at the earliest.

"Our embassy and consulate are working closely with local authorities to expedite the return of Sridevi's mortal remains and also keeping Kapoor family apprised. It is our endeavour to send mortal remains of Sridevi to India at the earliest, " Suri told ANI.

Sridevi's death took a new twist on Monday as her autopsy report revealed that she died due to accidental drowning and not cardiac arrest as reported earlier. The autopsy report has also revealed that there were traces of alcohol in her blood.

Today, her body will be moved to the AL Muhaisana embalming unit and will be repatriated to Mumbai once all the paperwork and investigation has been completed.

There have been conflicting reports on the questioning of Boney Kapoor. According to several media reports, Boney Kapoor was summoned by the Dubai police for questioning. However, Dubai-based Khaleej Times reported that Kapoor was not summoned by the police. Kapoor was questioned only at the time of the discovery of Sridevi's body at the hotel room, the report further said.

Here are the top 10 developments since the death of the legendary actor: Sridevi Death

Xiaomi Redmi Note 5, Note 5 Pro sale begins today on Flipkart, Mi Store

Chinese smartphone manufacturer Xiaomi seems in no mood to slow down. Its latest phones, the Redmi Note 5 and Note 5 Pro, seem similar on the first look but are very different devices. While the Note 5 adds ultra-wide screen along with enhanced camera on the back when compared with the Note 4, the Note 5 Pro is a new package with substantial upgrades.

The Note 5 and Note 5 Pro, launched on February 14, would go on sale today, exclusively on home-grown e-commerce platform Flipkart and Xiaomi’s Mi Store. As for the price and variants, the Redmi Note 5 comes in two storage and RAM combinations – 32GB/3GB and 64GB/4GB – priced at Rs 9,999 and Rs 11,999, respectively. The Redmi Note 5 Pro comes with 64GB internal storage but in two RAM variants – 4GB and 6GB – priced at Rs 13,999 and Rs 16,999, respectively.

Here is a quick comparison review of Redmi Note 5 and Redmi Note 5 Pro:

On the front, the Note 5 and the Pro look similar: Both feature 18:9 screens. On the back, the Note 5 looks similar to the Note 4, but better. The Pro, on the other hand, looks like an iPhone X clone, without the all-glass build. But the vertical dual-camera set-up is a dead ringer.

The phones feel heavy but their tall stance make them easy to hold; but because of the ultra-wide display, one-handed operation is difficult.

Both phones sport 5.99-inch fullHD+ screens with 18:9 aspect ratios, covered with reflective Gorilla Glass, which hampers sunlight visibility. The screen, though an IPS unit, lacks both the maximum brightness level and vividness. But, the rounded corners of the screen look better than pointed edges, and the curved sides of the glass are easy to operate. There is no shift in colours when looked from angles and the slim side bezels leave enough space to hold the device without accidentally touching the screen area – something common in next-generation bezel-less smartphones.

ALSO READ: Xiaomi Redmi Note 5 Pro: A power performer let down by premium price tag

The Note 5 features a 12-megapixel (MP) primary camera and a 5MP selfie shooter; the Pro’s dual-camera set-up uses a 12MP sensor sourced from Sony in combination with a 5MP sensor sourced from Samsung.

The primary camera in the Note 5 is an improved unit over its predecessor. The 5MP front camera is on par with the predecessor in terms of performance.

VARDHMAN POLYTEX LTD. (VARDMNPOLY)

Vardhman Polytex Live NSE/BSE Share Price: Get Vardhman Polytex Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more

vardhman polytex share price

Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex (VPL) was incorporated as Punjab Mohta Polytex. The promoters also have interests in Mahavir Spinning Mills and Vardhman Spinning and General Mills.

The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24.92 cr and 28.48 lac 13% secured NCDs of Rs 250 aggregating Rs 71.21 cr in Jan.'95. The issue was to set up a 100% EOU with an installed capacity of 25,200 spindles in Punjab, expansion of its plant, and to meet long-term working capital needs. Total project cost was Rs 110.14 cr.

VPL manufactures coarse, medium and fine counts of 100% cotton yarn. It also produces 100% acrylic yarn, acrylic cotton yarn, polyester cotton yarn and tyre cord yarn. The company exports its products to the UK, Belgium, Italy, Germany, Korea, Australia, New Zealand, Hong Kong and Taiwan.

During 1998-99, the company had taken expansion by way of a new unit of 19,872 spindles at Baddi at a cost of Rs 41 crs which was commissioned on November, 1999. The Bathinda unit was also upgraded with an investment of Rs.34.00 crore making it capable of competing with the best in cotton yarns.

An expansion of spindles was taken up latter in the year 2001 at a cost of Rs.2845.00 lacs.The total cost was partly finance through internal accruals and partly from term loans from FIs. The company has started expansion plan to enhance the capacity to 25000 spindles for spinning and a dye house at the newly acquired site at Focal point,Ludhiana.

Click To Get Live Updates → vardhman polytex stock price

Phoenix Mills Share Price: Live NSE/BSE Phoenix Mills Stock Price, Share Price, Phoenix Mills Results, Returns, Charts, News & More

Phoenix Mills Ltd.

Phoenix Mills Ltd is India's leading developer/operator of 'Iconic Large Format Retail-Led Mixed Use Developments' in city centric location. The company operations generally span most aspects of real estate development, from the planning, execution and marketing of projects, through to the management and operation of the completed development.

Phoenix Mills Share Price Ltd was incorporated in the year 1905. The company began their operations as a textile manufacturing company on 17.3 acres of land at Lower Parel in Mumbai. In the year 1959, the company was listed in the Bombay Stock Exchange.

In the year 1987, the company entered into the growing real estate market where High Street Phoenix emerged as the most frequented destination in Mumbai. In the year 1992, the first multi-storied Phoenix residential towers were built on the Phoenix Mills Land. They introduced India's first Hyper market concept 'Big Bazaar' at High Street Phoenix in the year 2001.

During the year 2000-01, the company through their subsidiary company, Bellona Finvest Ltd entered into joint venture with the Chatterjee Management group of companies and formed Galaxy Entertainment Corporation Ltd to take advantage of the growing opportunities in the entertainment segment.

During the year 2003-04, the company formed a wholly owned subsidiary, namely CR Retail Malls (India) Pvt Ltd. In August 2004, they formed another wholly owned subsidiary, namely Silly Point restaurants Pvt Ltd.

During the year 2006-07, the company as a group focused on mega retail malls, entertainment complexes, commercial space and hospitality units, with plans to foray into developing real estate in eight cities admeasuring a total area of 21.4 million sq ft. Ashok Ruia Enterprises Pvt Ltd, a promoter group company was amalgamated with the company. Ashok Ruia Enterprises Pvt Ltd holds interest in innovative 'Market City' projects in Mumbai (Kurla), Bangalore, Chennai, Pune and Raipur, which represents 13.47 million square feet of Developable Area.

During the year 2007-08, the company acquired a 25 acre plot in Rajaji Nagar in Bangalore for around Rs 320 crore from beleaguered engineering firm GKW Ltd. This was done through investments in Palladium Construction Pvt Ltd, a wholly owned subsidiary and Platinum Hospitality Services Pvt Ltd, a group company. Ruia Real Estate Development Company Pvt Ltd was merged with the company with effect from November 1, 2007.

In December 2008, the company acquired an approximate 39% stake in Big Apple Real Estate Pvt Ltd (Big Apple), the owners of the United Malls brand in Uttar PradeshBig Apple together with Phoenix Mills will develop malls by the brand name 'Phoenix United' across north India, particularly in the state of Uttar Pradesh, covering cities including Lucknow, Agra, Varanasi and Bareilly.

Click To Get Live Updates : Phoenix Mills Stock Price

FIR against viral song starring Priya Varrier for hurting Muslim sentiments

With her expressions, Priya Prakash Varrier stole the hearts of her social media followers as the song from Omar Lulu's Malayali film Oru Adaar Love went viral

The makers of Malayali movie Oru Adaar Love have been booked by Hyderabad police for objectionable references to the love story between Prophet Mohammed and his wife.

The first song of 'Oru Adaar Love' became viral on social media within few hours of its release because of Malayalam actor Priya Prakash Varrier's cute articulations and wink.

The upcoming movie, written and directed by Omar Lulu, tells the story of plus two (12th) students and has newcomers in the cast.

With her expressions, Priya Prakash Varrier stole the hearts of her social media followers as the song went viral.

An overwhelmed Priya said "I do not know how to react. I did what I was asked to do and never expected it to be such a hit."

"Thank you for all the love," Priya, who idolises Nayaantara, tweeted.

The song 'Mankiya Malaraya Povi', composed by Shaan Rehman and sung by Vineet Srinivasan, has got 68,81,349 views by 7.50 pm tonight.

Priya Prakash Varrier's instant stardom -- thanks to her wink and mischievous smile in a 28-second film clip -- has left even her college principal eager to meet her.

Marriette A Therattil, Principal of the prestigious Vimala College here, is a senior nun attached to the Syro-Malabar Catholic Archdiocese of Thrissur.

Therattil told IANS that she learnt lately about how her 18-year-old student has became a "national trend" on social media.

Click Here To Read More : Priya Prakash Varrier

Moto Z2 Force with shatterproof display launching today: Watch it live here

The key feature of the smartphone is its shatterproof display, which, the company claims, has better resistance than conventional glass-based screens

Lenovo-backed smartphone manufacturer Motorola is set to launch the Z2 Force flagship smartphone with 'shatterproof' display at 12 noon on Thursday (February 15). The Motorola Z2 Force was first unveiled in July 2017, along with Moto Mods that the phone supports.

The key feature of the smartphone is its shatterproof display which, the company claims, has better resistance than conventional glass-based screens. The phone sports a 5.5-inch Quad HD screen of plastic-OLED breed. The screen uses a plastic layer for shatterproof properties.

In terms of specifications, the phone is powered by Qualcomm Snapdragon 835 processor.

As for the RAM and storage, the Z2 Force has 4GB/6GB RAM and 64GB internal storage, expandable via microSD card slot. Imaging is handled by a dual-camera system, utilising two 12-megapixel cameras on the back. For selfies, there is a 5MP camera on the front.

The Motorola Z2 Force runs on Android Nougat 7.1.1 out of the box with support for Android Oreo scheduled some time soon. The phone relies on USB type-C for data transfer, charging and audio output. The phone is powered by a 2,730 mAh battery that can further be expanded using Moto TurboPower Mod, which might come bundled with the smartphone in India.

The launch of the Motorola Z2 Force is scheduled to go live on YouTube. you can watch it here:

Click Here To Read More : Moto Z2 Force

JioPhone gets Facebook as its first third-party app; rollout begins today

Dependence JioPhone, India's initial 4G-empowered element telephone, is good to go to get the Facebook application authoritatively on February 14. The application has been planned sans preparation to chip away at KaiOS, the default working framework that comes stacked with the Reliance JioPhone.

"We are amped up for our organization with Jio and the chance to give the most ideal Facebook encounter for many individuals utilizing JioPhone. Working with accomplices like Jio, we need to ensure everybody, wherever has the chance to appreciate the advantages of being associated," said Francisco Varela, VP of Mobile Partnerships, Facebook.

From today, the current and new clients of JioPhone could download the Facebook application from JioAppStore. The application bolsters course of events see, push notices and video playback capacities.

For a non-touch gadget, the Facebook application on JioPhone underpins cursor capacity to get to News Feed and photographs.

"JioPhone is the world's most moderate cell phone worked with transformational innovation particularly for Indians to relocate from an element telephone to a cell phone.

As guaranteed, JioPhone will be home to the world's driving applications, beginning with Facebook. Jio, the world's biggest versatile information arrange, is worked to enable each Indian with the energy of information and JioPhone is an indispensable piece of this Jio development," said Akash Ambani, executive, Reliance Jio.

Click Here To know More – Jio Phone Price

This Valentine's Day, plenty of heartache for India's rose cultivators

Rose growers in South India, mainly Hosur, have for many years spread the scent of love on Valentine's Day around the world. But the world seems to have jilted them for other options this time

Love may be in the air for the rest of the world as it celebrates Valentine's Day on February 14. But for rose growers in Tamil Nadu, particularly those in Hosur, this Valentine season has been anything but rosy. The reason: People around the world seem to be jilting them and showering more love on their Kenyan counterparts.

While Indian growers have seen their rose exports declining drastically amid stiff competition from Kenya, market prices in the existing markets have also fallen. And, these are happening at a time when the cultivation cost is rising, too.

Earlier, Valentine’s Day on February 14 alone contributed 25-40 per cent of flower growers’ annual revenue. But not this time.

Unlike 2017, which was drought year, flowers this year have been of a good quality, given good rains and climatic conditions. However, the different export markets this time have been affected by disparate reasons, say the growers in Hosur.

Hosur and Bengaluru are hubs for flower cultivation in South India, while Pune and parts of Gujarat account for the bulk of cultivation in the northern parts.

Of the country's flower production, 25-35 per cent is accounted for by Hosur alone. In terms of production in South India, the town has a share of 75 per cent, according to Najeeb Ahmed, managing director of Tanflora Infrastructure Park, one of the largest exporters.

A joint venture between Tamil Nadu Industrial Development Corporation (TIDCO) and MNA & Associates, Tanflora has a capacity of producing 67.5 million of roses every year.

The reasons for heartache

Some countries like Australia have lately tightened their regulations to allow the import of only fumigated flowers, for which Indian cultivators lack large-scale capabilities. The exports to other strong markets like Singapore and Malaysia are also impacted this year, as the Chinese New Year falls on February 16. “The Chinese diaspora, which are a large part of the population in these countries, would be travelling to China. So, the demand for imported rose from them will get capped,” said Bala Siva Prasad, president of the Hosur Small Farmers' Association.

Click Here To Read More : Valentine's Day

Xiaomi Mi Mix 2S leak shows all-screen front, dual cameras on back

Indian market saw a record cell phone shipment of 87.9 million units in October-December 2017, says a CyberMedia Research report.

"Portable handset sellers dispatched 88 million versatile handset units in the final quarter of 2017. For the whole year, portable handset sellers have sent around 287 million versatile handset units in India," the CMR report said. 

The assessments by the exploration firm demonstrate that Samsung remained the general pioneer for 2017 with 21 for every penny piece of the overall industry, trailed by iTel and Xiaomi with 9 for every penny piece of the overall industry each.

Amid the quarter, Reliance Jio's LYF finished in the element telephone section with 27 for every penny share.

It was trailed by Samsung with 14 for each penny share, Micromax 9 for each penny, iTel 8 for every penny and Lava 6 for each penny share.

Xiaomi drove the cell phone fragment with 25 for every penny share. It was trailed by Samsung with 21 for every penny share, Lenovo 9 for every penny, Vivo and Oppo 6 for each penny each.

In the superior portion, valued between Rs 26,000 to Rs 50,000 a unit, Apple drove showcase with 48 for each penny share, trailed by OnePlus with 23 for each penny and Samsung with 10 for every penny share, according to the report.

Click here to know More – Xiaomi Price

Drinking hot tea can increase risk of esophageal cancer

Smokers and drinkers should avoid hot tea, as, according to a study, it can increase the risk of esophageal cancer.

The cancer, which starts in the esophagus, was already known to be linked to Drinking alcohol and smoking, but those risks are heightened by the addition of daily cups of "burning hot" tea, scientists discovered.

The risks to smokers also increase with high-temperature tea drinking, said the study, which examined data on 456,155 Chinese adults ages 30 to 79.

Lv Jun, of Peking University Health Science Centre in China, who co-authored the study, told The Telegraph: "Boiling hot tea will harm the cells in the oesophagus. "If the person also drinks alcohol and smokes, then the harm caused will be more heightened."

At the start of the study, none of the participants had cancer. Researchers followed half of the participants for at least nine years.

During the study, 1,731 people developed esophageal tumours.

Rates of the disease are relatively high in China, where tea drinking is common and many men smoke and drink.

Chinese people often drink tea from flasks that they carry with them to their workplace and regularly fill up with hot water.

Very few Chinese drink traditional British tea, which less hot than Chinese varieties as it also usually taken with cold milk.

People in Russia, Turkey and South America enjoy their tea very hot, with many regularly drinking it at temperatures above 149 degrees Fahrenheit (65 degrees Celsius).

Past research has shown that tea can help to protect against tumours in the digestive tract.

But studies have also suggested that hot liquids and food can cause "thermal injury" which can increase the risk factors associated with cancer.

The findings have been published in the journal Annals of Internal Medicine.

Anushka is surrounded by demons in new 'Pari' poster

Anushka Sharma's new 'Pari' poster is scarier than your Monday blues.

In the new haunting look, we can see fear in Anushka's eyes, who is surrounded by three uncanny creatures.

The 'Sultan' star took to Twitter to share the image and captioned it as, "Here's something more haunting than your #MondayBlues. #PariTrailerOnFeb15 @paramspeak @OfficialCSFilms @kriarj @poojafilms @KytaProductions"

The trailer of the film will come out on February 15.

The movie is the 29-year-old's third venture as a producer after 'NH10' and 'Phillauri'.

The original release date of 'Pari' was February 9 but it was postponed to make way for Akhay Kumar's 'PadMan'.

Xiaomi to launch Flipkart-exclusive Redmi phone on Feb 14; details here

The upcoming smartphones are expected to be either the Redmi 5 or Redmi 5 Plus, or just the Redmi 5 Plus but renamed as the Redmi Note 5 for the Indian smartphone market

Xiaomi is gearing up to launch the next iteration of Redmi smartphones in India on February 14. The upcoming smartphones are expected to be either the Redmi 5 or Redmi 5 Plus, launched in China last year, or just the Redmi 5 Plus but renamed as the Redmi Note 5 for the Indian smartphone market.

As for the key feature of the smartphones, the Redmi 5 and Redmi 5 Plus sport a futuristic 18:9 ultra-wide screen aspect ratio. The budget smartphones have a metal unibody design and boots Android Nougat-based MIUI 9 operating system out of the box.

In terms of specifications, the Redmi 5 has a 5.7-inch screen of HD+ resolution. The device sports an 18:9 aspect ratio screen, which reduces the bezel size and accommodates larger display in a compact body, with the fingerprint scanner housed at the back. The phone is powered by Snapdragon 450 SoC, an octa-core processor built on the 14nm FinFET technology.

In terms of imaging, the Redmi 5 has a 12-megapixel sensor on the back with a 1.25 micron pixels and a 5MP front-facing camera for selfies.

The phone houses a 3,300mAh battery, which the company claims offers 12 days of standby time.

On the other hand, the Redmi 5 Plus sports a 5.99-inch FullHD+ display in 18:9 aspect ratio. It is powered by Qualcomm Snapdragon 625 SoC, which is coupled with Adreno 506 GPU. The Redmi 5 Plus houses a 5 MP shooter on the front assisted with LED flash and a 12MP sensor with LED flash on the back. The phone houses a 4,000 mAh battery that the company claims to offer up to 17 days of standby time.

In terms of pricing, the Redmi 5 costs CNY 799 in China for the base variant that translates to approximately Rs 7,500 in Indian currency. The Redmi 5 Plus, on the other hand, costs CNY 999 for the base variant that translates to Rs 9,600 in Indian currency.

Click Here To Read : REDMI NOTE 5

Apple reports record $20 bn profit, iPhone X sales 'better than expected'

Apple's revenue in the final three months of last year increased 13 per cent to $88.3 billion

Latest News

Apple today reported a $20 billion profit in a record-setting quarter and said sales of its newest iPhone X smartphone were better than expected.

Revenue in the final three months of last year increased 13 per cent to $88.3 billion, according to the California- based technology giant.

"We're thrilled to report the biggest quarter in Apple's history, with broad-based growth that included the highest revenue ever from a new iPhone lineup," said Apple chief executive Tim Cook.

"iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November."

However, Apple reported that overall iPhone sales in the quarter 77.3 million from were about a million fewer than the same period a year earlier.

But iPhone revenues rose 13 per cent from a year ago, suggesting its newer models were gaining traction.

The earnings come amid concerns over weak demand for the newest and most expensive iPhone X, the 10th anniversary edition of the iconic smartphone.

Apple also forecast that revenue in the current quarter would be between $60 billion and $62 billion in an outlook less rosy than analysts had expected.

Apple shares dipped and then rose two percent to $171.08 in after-market trades that followed release of the earnings figures.

Click Here To Read : Iphone X Sales