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Reliance Jio announces Diwali offer

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New Delhi: Reliance Jio today announced a special one-time offer called the JioPhone Diwali 2019 Offer. Jio is making the JioPhone available for a special price of only ₹699 as against the current price of Rs. 1500 during the festive season of Dussehra and Diwali.

“This is a clear saving of over Rs. 800 without any special conditions like having to exchange your old phone,” Reliance Jio said in a statement.

The company said it will also offer data benefits valued at Rs 700 to customers who buy the JioPhone during the offer period. “For first 7 recharges that the customer does, Jio will additionally add Rs 99 worth of data,” Jio said.

With the Rs 800 savings on the purchase price and Rs 700 worth of free data, the company pegged the total benefits for JioPhone buyers at Rs 1500.

Mukesh Ambani, chairman and managing director of Reliance Industries, said: “Jio will ensure that no Indian is deprived of affordable Internet and the fruits of the Digital Revolution. By offering the ‘JioPhone Diwali Gift’, we are making an investment of Rs 1,500 towards bringing every new person from the Bottom of the Economic Pyramid into the Internet Economy.”

Automobile

Harley-Davidson in talks with Hero for sales tie-up in India.

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Harley-Davidson fans may still be able to buy the iconic bikes in India—their American maker is in advanced talks with Hero MotoCorp Ltd for sales, distribution and services in India, three people aware of the matter said.

According to these people, who asked not to be named, the deal may also include local assembly and production of select Harley models such as the Street 750 at one of Hero’s manufacturing units. Harley-Davidson, which has been in talks with India’s largest two-wheeler manufacturer for more than a year now, is aware that its plan to completely withdraw from the subcontinent would damage the brand, leading to unacceptability in the market in the future, industry executives said.

Announcing additional restructuring plans to its employees in the US on Thursday, Harley-Davidson Motor Co. said it has approved actions that involve optimizing its global dealer network, exiting certain international markets, and discontinuing its sales and manufacturing operations in India.

“The Harley-Davidson dealer network will continue to serve customers through the contract term,” it said. “It does not make much sense for Hero MotoCorp to settle down with a plain distribution and sales arrangement with them as it has its own well-established network across India. The arrangement, if it gets finalized, will include areas where Hero can benefit. It could be knowhow of quality and assembly of big bikes,” said a senior industry executive, requesting anonymity.

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