Reliance Jio signs $1 billion term loan facility covered by Korea Trade Insurance Corp

Reliance Jio Infocomm Limited today has announced that it has signed a US$ 1 billion equivalent term loan facility covered by Korea Trade Insurance Corporation; K-Sure on 22nd June 2018. The company says that it will use the facility to finance goods and services procured primarily from Samsung Electronics and Ace Technologies Corp.  The Facility has door to door tenor of 10.75 years. The Facility is K-Sure's largest deal in India as well as the largest deal supported by K-SURE in the telecom sector globally. This transaction marks the fourth time, K-SURE covered facility for Reliance group in last five years and the second K-SURE covered facility for RJIL in the last three years. The Facility was arranged by Australia and New Zealand Banking Group Limited and The Hongkong and Shanghai Banking Corporation Limited. Additionally, it also saw participation from various banks including BNP Paribas; Commerzbank AG; Citibank N.A.; ING Bank; JPMorgan Chase Bank, N.A.; Mizuho Bank, Ltd.; MUFG Bank, Ltd., and Banco Santander, S.A.

iBall Imprint 4G with 7-inches HD display, unique integrated Fingerprint Sensor launched in India at Rs. 18,999

iBall today has launched the Imprint 4G tablet in India. It comes with a unique integrated Fingerprint Sensor, and the company says that this tablet is STQC certified for Aadhaar Verification. This not only serves the purpose of scanning and recording the details but also verifies the identity of a person.  As for the tablet specifications, it sports a 7-inch (1024X600) IPS HD display and is powered by the Quad-core 1.3 GHz ARM Cortex A53 64-bit processor with upto 2GB RAM and 16GB storage with an option to expand up to 32GB. It runs on Android 7.0 Nougat, not the latest operating system. In terms of camera, it comes with 5MP AF rear & front camera with LED Flash. As for connectivity, it packs 4G VOLTE, Dual SIM, dual-band Wi-Fi (802.11 a/b/g/n), Multiple USB Ports (1x Micro USB Port, 1x Normal USB Port), USB OTG, Micro HDMI, Cast Screen, Bluetooth 4.0, USB tethering. Optionally, it also comes with LAN port. The Tablet sports DC charging port for charging purpose so that USB ports are free to be used for peripherals connections and data transfer. It packs a rugged build and is also available with STQC Certified Iris Scanner. It packs a 5000mAh battery and supports a multi-language keyboard ...

Vodafone offers 1 year free Amazon Prime membership to RED postpaid customers

Amazon and Vodafone announced that all the Vodafone RED postpaid customers are eligible for a year of Amazon Prime that is worth Rs 999 subscription at no additional cost. The Prime subscription will include Prime Video, Prime Music and unlimited free fast shipping on millions of items along with early and exclusive access to deals on Amazon.in. To activate the Amazon Prime Subscription, RED postpaid users need to download the Vodafone Play app from the iOS App Store or Google Play Store. From there click on the special Vodafone – Amazon offer banner and then generate the OTP by entering the mobile number, validate and activate the offer without any extra cost. Commenting on this collaboration, Avneesh Khosla- Associate Director Consumer Business, Vodafone India said: Today’s digitally savvy customer wants more freedom and flexibility in the way they consume content. This collaboration further strengthens our content proposition and our commitment to offer the best to our customers. It provides them access to thousands of movies, videos, TV Shows and music on the go. We are confident that Vodafone RED and Amazon Prime will provide a seamless on-the-go shopping and entertainment experience to our customers. Akshay Sahi, Director, and Head of Amazon Prime India said: We are thrilled to collaborate with Vodafone and ...

OnePlus Switch V1.2 brings the ability to move app data and downloads between phones, fixes data repeat issues

OnePlus has launched the OnePlus Switch app that lets users quickly migrate their stuff from an old phone to a OnePlus device and it is now a part of the OnePlus phones. The company has rolled out a new update bringing the version number to v1.2. This update brings support to transfer application data, download and office files transfer, optimized UI for improved user experience and it also solves the transfer data repeat problem. Finally, it adds “System stability improvement program.” It's good to see OnePlus fix issues and provide stability to its app. If you are a user of OnePlus Switch app, you can update the app directly from PlayStore here. The official changelog of the OnePlus Switch: Support application data, download and office files transfer; Optimize UI for improving user experience. Solve the transfer data repeat problem. Add “System stability improvement program

Microsoft introduces Google Lens like AI-powered Visual Search for Bing

Microsoft today has unveiled a new Visual Search tool that is built upon the visual technology already available in Bing. This feature lets you search the web using your camera. Much like Google Lens, you can learn more about the world through the photos you take. https://youtu.be/YAjUX-Px6Yc Through this feature, you can simply take a photo using one of the apps, or upload a picture from your camera roll. Bing will identify the object in question and give you more information by providing additional links to explore. Additionally, you can even shop from your photos for fashion and home furnishings. Upload a pic into the app's search box, and Bing will return visually-similar jackets, prices, and details for where to purchase. These new Visual Search capabilities are available today in the US on the Bing app for iOS and Android, and for Microsoft Launcher (Android only). It will also be available for Microsoft Edge browser for Android, and the company said that it would be coming soon to Microsoft Edge for iOS and Bing.com. Source

Google Files Go gets share tab, faster offline sharing, and file extraction

Google's file managing app; Files Go app for Android gets a new update bringing features like share tab, faster offline sharing, and file extraction. The previous update back in January added the tablet support, offline file sharing. The latest update adds new Share tab on the bottom of the screen, along with the Clean and Browse tabs. The share describes itself as “Fast file sharing without internet.” This enables users to share apps, documents, videos and more through Files Go. However, it still needs a Wi-Fi hotspot and is said to be secure. Google has also upgraded file sharing speeds to 455Mbps. File extraction is already a part of the many file manager apps and Files Go also gets it with the new update. Users can now extract the contents of ZIP files to view and open them. Files Go currently has 10 million downloads. If you are already a Files Go user, you can update the app from PlayStore here.

Qualcomm Snapdragon 1000 said to be exclusively designed for windows 10 PCs

Microsoft and Qualcomm is said to be working on a new platform exclusively for more powerful notebooks and 2-in-1 tablets based on ARM chipsets. The new processor in question is the Snapdragon 1000 and it is intended for Windows 10 based on the ARM with performance equal to Intel’s U and Y Core processors. Now according to a new job listing by a Qualcomm engineer on LinkedIn, has confirmed that the processor is in testing for various Windows 10 on ARM applications, including desktop, Andromeda, and HoloLens. Furthermore, according to information from import databases, the developer platform has up to 16 GB of LPDDR4X RAM on board and has two 128 GB memory modules connected via UFS 2.1. It also includes Gigabit WLAN and is also said to feature a newly developed power management chip to handle increased power and power consumption. The new SDM1000 could be a "socketed" chip for the first time. The chipset might not be soldered firmly on the motherboard, instead, it will be built-in desktops processors from Intel and AMD housed in a special socket. The size of the new chip might be around 20x15 millimeters and surprisingly, Intel is working on a device with the codename "Primus", based on the SDM 1000 reference design developed by Qualcomm. Source

Xiaomi Mi Pad 4 with 8-inch Full HD display, Snapdragon 660, 4G LTE, AI Face unlock announced

Xiaomi has finally announced the Mi Pad 4, as it had promised. It has an 8-inch Full HD screen with 16:10 aspect ratio, and the company says that it is 9.4% smaller than the previous generation making it comfortable for one-handed usage. It is powered by Snapdragon 660 AIE  with 4GB of RAM, runs Android 8.1 (Oreo)  comes with a 13-megapixel rear camera and a 5-megapixel camera on the front with AI Face unlock .  It has a metal body, comes in WiFi and 4G versions that has a nano SIM slot and packs a 6000mAh battery. Xiaomi Mi Pad 4 specifications 8-inch (1920 x 1200 pixels)  FHD+ display with 16:10 aspect ratio,1200:1 contrast ratio, Octa-Core Snapdragon 660 14nm Mobile Platform (Quad 2.2GHz Kryo 260 + Quad 1.8GHz Kryo 260 CPUs) with Adreno 512 GPU 3GB (LPDDR4x) RAM with 32GB (eMMC 5.1) storage, 4GB (LPDDR4x) RAM with 64GB (eMMC 5.1) internal storage Android 8.1 (Oreo) with MIUI 13MP rear camera with f/2.0 aperture, OV13855 sensor 5MP front-facing camera with f/2.0 aperture, Samsung S5K5E8 sensor Dimensions: 200.2 x 120.3 x 7.9mm; Weight: 242.5g 4G LTE (optional), WiFi 802.11 ac (2.4GHz + 5GHz), Bluetooth 5, GPS + GLONASS, USB Type-C 6000mAh battery The Xiaomi Mi Pad 4 comes in ...

Xiaomi Redmi 6 Pro with 5.84-inch FHD+ 19:9 display, AI dual rear cameras, Android 8.1 announced

Xiaomi has announced the Redmi 6 Pro the company's latest mid-range smartphone in the Redmi series, as it had promised. It packs a 5.84-inch FHD+ 19:9 aspect ratio display with a notch, is powered by Snapdragon 625 with up to 4GB of RAM, runs Android 8.1 (Oreo) with MIUI on top, a 12-megapixel rear camera with flash along with a secondary 5-megapixel camera for AI portraits and AI scene detection. There is also a 5-megapixel front camera with AI portrait and AI Face unlock. It has dedicated dual SIM and microSD slots and packs a 4000mAh battery. Xiaomi Redmi 6 Pro specifications 5.84-inch (2280×1080 pixels) Full HD+ 19:9 2.5D curved glass display with 500 nits brightness, 1500:1 contrast ratio, 84% NTSC Color Gamut 2GHz Octa-Core Snapdragon 625 14nm Mobile Platform with Adreno 506 GPU 3GB RAM with 32GB storage, 4GB RAM with 32GB/64GB storage, expandable memory up to 256GB with microSD Android 8.1 (Oreo) with MIUI 10 Dual SIM (nano + nano + microSD) 12MP rear camera with LED Flash, Sony IMX486 sensor, 1.25um pixel size, PDAF, f/2.2 aperture, secondary 5MP camera with Samsung S5K5E8 sensor, 1.12um pixel size, f/2.2 aperture 5MP front-facing camera Fingerprint sensor, Infrared sensor Dimensions: 149.33×71.68×8.75mm; Weight: 178g 4G VoLTE, Wi-Fi ...

Xiaomi is looking to raise up to $6.1 billion in Hong Kong IPO

After postponing Shanghai IPO, Xiaomi today confirmed that it will list in Hong Kong first offering a total of 2,179,585,000 Shares (subject to the Over-allotment Option), comprising initially 108,980,000 Hong Kong Offer Shares (subject to adjustment) and 2,070,605,000 International Offer Shares (subject to adjustment and the Over-allotment Option). The offer price range is from HK$17 to HK$22 per share, so the company could raise anywhere between US$ 4.72 billion and US$ 6.1 billion. Even though this is less than $10 billion, which Xiaomi was reportedly hoping to achieve a few weeks ago, this would still make it the world's biggest initial public offering (IPO) in nearly two years. Xiaomi said that it intends to use the proceeds from the offering for the following purposes: Approximately 30% for research and development as well as other efforts to develop the Company’s core in-house products, including smartphones, smart TVs, laptops, AI speakers and smart routers; Approximately 30% for investments to expand and strengthen the Company’s ecosystem primarily in the fields of IoT and lifestyle products and mobile internet services, including AI; Approximately 30% for global expansion, including but not limited to hiring local teams across business functions and investing in its retail partners; and Approximately 10% for working capital ...