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Ringing Bells starts refunding money to customers

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Noida-based Ringing Bells, which has promised to sell smartphones for Rs 251 apiece, has started refunding money to customers due to negative speculation around its claim. “There was a lot of negativity around us so we have decided to take money from customers only after delivering phones to them. We are refunding money to those who have paid for booking the phones and giving them an option of cash on delivery," Ringing Bells Director Mohit Goel said. Show full article Read more from our special coverage on "  Union Budget 2016 " Live Blog: FM Jaitley to present Union Budget 2016 Live: Union Budget to set the tone for markets Exclusive Photos on India Union Budget 2016