Samsung Galaxy A7 With Triple Rear Camera Launched in India
New Delhi, Sep 25 : Samsung India on Tuesday launched Galaxy A7 with triple rear cameras for Rs 23,990 in blue, black and gold colours.
The smartphone is slated to be available in over 180,000 outlets by September-end. It will be available on September 27 and 28 during a special preview sale on Flipkart, Samsung e-shop and at Samsung Opera House in Bengaluru.
"We are expecting to disrupt the market and gain significant share specifically in our 'A Series'. So this is the first triple camera phone that we are bringing to the market which we have not even launched in our flagship segment but the whole idea is to really expand this series," Mohandeep Singh, Senior Vice President, Mobile Business, Samsung India told IANS.
The Galaxy A7 sports 24MP main + 5MP live focus + 8MP ultra-wide sensors at the rear and a 24 MP selfie shooter.
The device features a 6.0-inch FHD+ super AMOLED Infinity Display and also supports Dolby Atmos immersive sound technology that brings HD content to life.
It has a 2.5D glass back design, 7.5-mm body and a side fingerprint sensor which has been integrated into the power button itself.
"The new colours and a side fingerprint sensor deliver a refreshed design. We are confident that with this device, we will capture the imagination of the Indian millennial and be able to add to the celebrations during the festive season," said Sumit Walia, Director, Mobile Business, Samsung India.
Galaxy A7 is powered by a Samsung's proprietary Exynos 7885 2.2GHz octa-core processor. The device will be available in 6GB RAM+128GB storage and 4GB RAM+64GB storage configurations. The smartphone is powered by a 3300mAh battery and runs Android Oreo operating system (OS).
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Rupee plunges 28 paise to settle at 93.44 against US dollar
Mumbai (PTI): The rupee declined 28 paise to close at 93.44 against the US dollar on Tuesday, weighed down by a steady American currency and volatile crude oil prices amid uncertainties over the progress of West Asia peace negotiations.
Positive domestic equity markets failed to boost local currency, which also had some impact of the Reserve Bank's latest move to ease curbs on speculative bets in non-deliverable forward markets, forex analysts said.
The Reserve Bank on Monday partially withdrew directives taken on April 1 to curb excessive speculation in the rupee. The banking regulator had capped the net open positions in non-deliverable forward markets at USD 100 million, mandating banks to comply by April 10.
Under revised directives, authorised dealers or banks can resume offering non-deliverable derivative contracts involving INR to resident or non-resident users, but must comply with certain restrictions on related-party transactions. Also, the USD 100-million cap in net open position is still effective.
At the interbank foreign exchange market, the rupee opened at 93.25 and fell to an intra-day low of 93.63 before ending the session 28 paise lower at 93.44 against the greenback.
On Monday, the rupee settled with a loss of 25 paise at 93.16 against the US dollar. The currency had gained 47 paise in the preceding two sessions.
Anuj Choudhary, Research Analyst at Mirae Asset ShareKhan, said the rupee fell on uncertainty over US-Iran talks and a surge in crude oil prices. A strong dollar also pressured the rupee; however, positive global markets cushioned the downside.
"Traders may take cues from retail sales and ADP employment change data from the US. USD-INR spot price is expected to trade in a range of Rs 93.30 to Rs 93.90," Choudhary said.
Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said the rupee traded weaker as recent RBI adjustments and partial rollback of earlier currency-support measures added pressure on the local unit.
"At the same time, the dollar remains steady while crude and gold are relatively stable, with markets closely watching the outcome of US-Iran ceasefire developments expected tomorrow. The rupee is likely to remain highly event-driven, with direction dependent on geopolitical clarity and RBI stance," Trivedi said.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.19 per cent to 98.09.
Brent crude, the global oil benchmark, was trading 0.70 per cent down at USD 94.81 per barrel in futures trade.
Analysts attributed the volatility in crude prices to persistent worries over disruptions of supplies of oil from the Strait of Hormuz. Also, the ceasefire agreement between the United States and Iran is scheduled to expire on Wednesday.
In a latest development, Iran's chief negotiator on Tuesday said Tehran would not negotiate in the face of threats, while US President Donald Trump hinted that he was in no rush to end the conflict with Iran.
In the domestic equity markets the 30-share Sensex rose 753.03 points, or 0.96 per cent, to settle at 79,273.33, while the Nifty rose 211.75 points, or 0.87 per cent, to 24,576.60.
Foreign Institutional Investors offloaded equities worth about Rs 1,918.99 crore on Tuesday, according to the exchange data.
