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Motorola brings Moto G5 to India for Rs 11,999

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Moto G5 features a full metal design, faster processor and better camera functionality Handset maker  Motorola  on Tuesday launched the fifth generation of its best-selling Moto G series — Moto G5 — in the Indian market for Rs 11,999. The company had launched the higher-end Moto G5 Plus last month in India.The Moto G5 — which will be available on Online Shopping: Shop Online for Mobiles, Books, Watches, Shoes and More — features a full metal design, faster processor and better camera functionality. The device will compete with handsets from Xiaomi, Micromax as well as those from the stable of its parent Lenovo. Also read: Motorola launches Moto G5 in India at Rs 11,999: All you need to know "Moto G is our biggest franchise and the fastest selling as well. We had launched the   Moto G5  Plus a few weeks back and now we are bringing the Moto G5. India is an important market and we want to offer the best from our portfolio to consumers here," Motorola Mob...

Kalaari, Nexus prove stumbling blocks in Softbank's bid to exit Snapdeal

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      Early-stage investors said to be 'livid' over valuation at which SoftBank wants to exit Snapdeal The plot only gets thicker from here, as even after multiple rounds of talks, Softbank has not been able to convince the early-stage investors in Gurgaon-based Snapdeal for a sale which would help the Japanese major exit from the company. According to four sources privy to the developments, while early-stage investors in  Snapdeal  – Kalaari Capital and Nexus Venture Partners – are confident of the company's present business plan and want it to go for an initial public offering (IPO) in the next two years, Softbank wants to immediately sell its stake and hedge its bets in other e-commerce ventures, something which has caused a major rift between the two parties. Read this : Tiger Global sinks teeth into Flipkart, Snapdeal merger Also, according to sources, while Softbank is trying to sell its stake in Snapdeal, where it is the biggest shareholde...