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Adcom also warned of legal action against Noida-based Ringing Bells in case the latter's activities adversely impact its brand name or cause any other kind of losses. Ringing Bells had unveiled what is being touted as the world's cheapest smartphone. The devices, which were showcased resembled that of Adcom's Ikon 4, which is already available in the Indian market at Rs 3,999. Show full article

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

Domestic handset maker  Ringing Bells   will launch India's most affordable  smartphone   for Rs 251 today evening, a move that is set to disrupt the growing handset market in the country. Read Full Article Over Here :  Business Standard News