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2G scam: Opposition sticks to JPC demand
“When he is ready to come and answer any question before PAC… Why not JPC? JPC is a constitutional body. He knows PAC’s role will be limited to a CAG report . What about other issues? Everybody wants a clear and transparent investigation and punishment to the guilty.
Read more on CIOL
2G Scam: Sonia slams BJP, rejects JPC demand
New Delhi, Dec 13 (PTI) Firmly rejecting Opposition demand for a JPC to probe the 2G spectrum scam, Congress President Sonia Gandhi today launched a blistering attack against BJP and asked partymen to expose its “double standards and doublespeak” on the issue of corruption.
Read more on Press Trust of India
Risks & Demand Pushing Metals Higher
Gold is higher in all currencies again this morning and is heading for a second weekly gain as China’s imports surge, geopolitical risk in the Korean peninsula and uncertainty about the euro, currencies and paper assets push safe haven demand.
Read more on Resource Investor
Palm Oil Climbs to 28-Month High on Prospects for Higher Demand
Palm oil advanced for a fourth day to the highest price in more than two years on speculation that the global demand for vegetable oils will surpass demand.
Read more on Bloomberg
2G scam: BJP sticks to JPC demand
The parliamentary party of the Bharatiya Janata Party (BJP) met here today and decided to stick to its demand for a Joint Parliamentary Committee (JPC) probe into the 2G scam.
Read more on Calcutta News
CPI(M) reiterates demand for JPC
NEW DELHI: Describing the 2G spectrum scam as a prime example of big business-politician-bureaucrat nexus and hallmark of the United Progressive Alliance (UPA) government, the Communist Party of India (Marxist) has reiterated that a Joint Parliamentary Committee (JPC) should be set up to go into all aspects.
Read more on The Hindu
2G iPhone demand decrease in Grey market document.body.offsetHeight ? document.body.scrollHeight : document.body.offsetHeight + ‘px’)}*:first-child+html
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Home Page > Computers > Information Technology > 2G iPhone demand decrease in Grey market
2G iPhone demand decrease in Grey market
Posted: Jun 07, 2010 |Comments: 0
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2G iPhone demand decrease in Grey market
By: liza
About the Author
http://install-how.blogspot.com/2010/05/2g-iphone-demand-decrease-in-grey.html
(ArticlesBase SC #2563071)
Article Source: http://www.articlesbase.com/ – 2G iPhone demand decrease in Grey market
Grey market for the iconic Apple iPhone in India has shrunk dramatically with the official launch of the 3G model in the country.
On August 22, the country’s two leading mobile operators, Bharti Airtel and Vodafone, introduced the Apple 3G iPhone exclusively for their customers at Rs 31,000 for the 8 GB and Rs 36,100 for the 16 GB Phone.
Grey market operators in Delhi and Mumbai say that the 2G iPhone, which was launched last year in the US by Apple Inc and was available for around Rs 24,000 to 27,000 in the grey market, has virtually disappeared from the market because of the relatively higher price tag compared to the newly introduced 3G version.
Says a leading grey market operator based in Delhi: “The 2G phone is not coming to us as you can get a 3G phone from the official market at Rs 31,000. So why should anyone pay Rs 25,000? Also, Apple, which was selling the 2G phone at $399 bundled with a connection, is now selling the 3G at $199 also bundled with a connection. So, obviously, why would anyone buy an older model?“
Grey market operators in Delhi say that a few months earlier they were selling over nine to 10 phones a day. And while no official figures are available, over 5,000 Apple 2G phones have been sold in India according to industry sources in the grey market.
However, grey market operators also say that the difference between the official price of the 3G phone and that of the grey market is not steep enough for customers to make a beeline in the grey market.
A dealer of phones in Delhi’s Palika Bazaar said: “At the moment, we are only catering to customers who are not ready to wait for the delivery of the phone from the operators. They are paying a premium of only Rs 1,000 to get it from us.” In this case, most of the grey market dealers have made bulk bookings of phones with Airtel and Vodafone, which they are re-selling at a slight premium.
A dealer in Mumbai’s Heera Panna building points out: “Considering the fact that in the US the Apple 3G phone offer with AT&T is locked in a two-year agreement with an operator (which costs around US $2,000), in India the difference between the official and grey market price will not be more than Rs 2,000 to Rs 5,000. That will not be too attractive as the official phone with a one year warranty looks more attractive”.
There are others who say that they will be able to unlock the 3G phone if customers can get it from their relatives abroad. “We can unlock the phone so that it can be used for any operator and not only for Airtel and Vodafone for Rs 1,500.”
Apple price is so high in Gry Market. Vodafone and Airtel selling 3G iphone in India at RS. 31,000 that price also high. In India people are not interested in buying 3G iphone at this price.
i dont think so amol,, the iphone 2g demand have been increasedin india due to the launch of the 3g iphone,,, because few people were aware when 2g was there the big rush for 3g got the eyes ofindian people no they want 2g iphone because its much cheaper then 3g
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(ArticlesBase SC #2563071)
liza -
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http://install-how.blogspot.com/2010/05/2g-iphone-demand-decrease-in-grey.html
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