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Samsung Galaxy A70s to launch in India soon

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Samsung Galaxy A70s is confirmed to launch in India by the end of this month. The Galaxy A70s will come as a successor to the Galaxy A70 that was launched in India earlier this year for Rs. 28,990. The Galaxy A70s will sport a 64MP rear-facing camera.

It will be the first Samsung device with a 64MP camera sensor. Galaxy A70s will also sport Samsung’s new design language seen in recently launched Galaxy A30s and A50s in India.

The new camera sensor also supports real-time HDR (up to 100 dB), Tetra cell technology, and Super PD phase detection autofocus technology. Additionally, it supports slow-motion video recording in full-HD resolution.

The new smartphone is powered by a 2.0GHz octa-core Snapdragon 675 processor along with Adreno 612 GPU and 6GB/ 8GB RAM. The 128GB internal storage can be further expanded via a microSD card (up to 512GB).

Samsung sold record number (five million) of Galaxy a series phones in just 70 days, achieving $1 billion revenue.

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Hyderabad based GVK Group reportedly under government scanner

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Mumbai: The GVK Group, which is in locked in a legal battle with the Adani Group on stake sale in its flagship Mumbai International Airport (MIAL), on Tuesday said it has received a notice from the corporate affairs ministry (MCA), seeking some details about the airport operator.

This comes at a time when the Hyderabad-based diversified GVK Power & Infrastructure Limited, which owns 50.5 percent stake in the MIAL, is in the process of hiking its stake in the airport arm by acquiring 23.5 per cent additional stake from Bidvest and ACSA.

The MCA notice, according to sources, is based on a whistleblower complaint to MCA with regard to alleged ‘diversion of funds’ from some of the GVK Group companies.

MCA has initiated an inspection of the books of 11 entities, which include GVK Power & Infrastructure, Mumbai International Airport, GVK Jaipur Expressway Pvt and GVK Power. It has also ordered an inspection of the books of Navi Mumbai International Airport Pvt – the under construction airport at Navi Mumbai.

These companies are located in different jurisdictions — Hyderabad, Bengaluru, Rajasthan and Mumbai — of the Registrar of Companies and MCA has sent a physical inspection letter to each of these companies, sources said.

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