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    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
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    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
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    Highlights of RBI's August monetary policy
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    Two women held at Delhi airport with 1 kg gold concealed as silver-coated armlet
    Sensex trades higher, Nifty flat post RBI policy
    India's services sector growth hits four-and-a-half-year low in July on weak demand: PMI
    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
    RBI marginally raises FY27 GDP growth projection to 6.7 pc, lowers inflation forecast
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    RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
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    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
    Show AI Summary
    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
    Show AI Summary
    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
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    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
    Show AI Summary
    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
    August 5, 2026
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    Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
    Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
    August 5, 2026
    Show AI Summary
    Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
    Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
    August 5, 2026
    Show AI Summary
    Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
    Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
    August 5, 2026
    Show AI Summary
    Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
    Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
    August 5, 2026
    Show AI Summary
    Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
    The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
    August 5, 2026
    Show AI Summary
    Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
    Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
    August 5, 2026
    Show AI Summary
    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
    Show AI Summary
    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
    The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
    August 5, 2026
    Show AI Summary
    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
    Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
    August 5, 2026
    Show AI Summary
    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
    MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
    August 5, 2026
    Show AI Summary
    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.

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      Motorola Launches moto g05 With Segments Brightest Display, Vegan Leather Design, & Android™ 15, at Just ₹6,999

      January 7, 2025

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      New Delhi, Delhi, India – Business Wire India • The moto g05 features the segment’s brightest 6.67” punch-hole display, delivering an impressive 1000nits brightness and a brilliant 90Hz refresh rate, all protected by Gorilla® Glass 3, for a perfect entertainment experience, at an incredibly budget friendly price of just Rs. 6,999.

      • The moto g05 also comes with dual stereo speakers powered by Dolby Atmos® and Hi-Res Audio, delivering 7x more bass, along with its immersive display, for ultimate entertainment.

      • The moto g05 is boasts a stunning design crafted with premium materials. It comes in a premium vegan leather finish and offers two colour options such as Forest Green and Plum Red.

      • This is the only smartphone in its category to feature Android™ 15 out of the box, making the device more personal, protected, and accessible with privacy updates for health, safety, and data.

      • The moto g05 features the segment’s best 50MP Quad Pixel camera system, with advanced modes like Portrait Master and Night Vision, ensuring stunning, detailed photos.

      • The moto g05 also boasts a massive 5200mAh battery and 18W TurboPower™ charging, along with Smart Water Touch Technology and IP52 water-repellent design.

      • The device will be available in a single memory variant of in-built 4GB + 64GB storage expandable up to 12GB with RAM Boost. Consumers can get the moto g05 for just Rs. 6,999, and it will go on sale on Flipkart, Motorola.in & leading retail stores across India, starting 13th Jan 2025, at 12 PM.​ Motorola, India’s best# 5G smartphone brand, today announced the launch of the moto g05, a groundbreaking entry-level 4G smartphone packed with premium, segment-leading features. The moto g05 boasts the segment’s brightest 6.67" 1000nits display with a punch-hole design and a smooth 90Hz refresh rate for a vibrant viewing experience, all protected by segment’s best Gorilla® Glass 3 protection. Plus, it features the segment’s only dual stereo speakers powered by Dolby® Atmos and Hi-Res Audio with 7x more bass for the amazing entertainment experience. It is the only smartphone in its category to offer Android™ 15 out of the box, with 2 years of assured security updates. Designed with a premium vegan leather finish in two Pantone™ validated colours, it features the segment’s best 50MP Quad Pixel camera system, powered by the MediaTek Helio G81 Extreme processor and backed by a 5200mAh battery, offering up to 2 days of usage and it comes with 18W TurboPower™ charging.

      The moto g05 features the segment’s brightest 6.67" display, with the highest 1000-nits peak brightness and a 90Hz refresh rate. Designed with a sleek, notch-less layout and protected by Gorilla® Glass 3 for added durability, it delivers an immersive entertainment experience, ensuring vibrant visuals even in bright environments. The adaptive auto mode adjusts the refresh rate from 90Hz to 60Hz based on content, optimizing battery life. Enjoy the improved multimedia experience with dual stereo speakers with 7x Bass Boost powered by Dolby Atmos®, and Hi-Res Audio for unmatched audio-visual experience in its segment. Additionally, the display features Water Touch Technology, adjusting sensitivity when wet or sweaty hands are detected for a seamless touch experience.

      Thoughtfully crafted with premium materials, the moto g05 is built to last. Its Pantone™ validated colours with vegan leather finish offers a luxurious feel. The device is available in two trendy colours, Forest Green and Plum Red, allowing users to express their style. It’s not only durable but also features an IP52 rating for added protection.

      The moto g05 is the only smartphone in its segment to feature latest Android™ 15 out of the box, giving users an exclusive opportunity to experience the latest Android innovations. With Android™ 15, users benefit from enhanced privacy, stronger security, and flexible personalization options that elevate customization to the next level. Compared to previous generations, Android™ 15 offers improved privacy controls, advanced security features, and greater flexibility for personalizing the device. Additionally, with regular updates for health, safety, and data protection, the moto g05 ensures your device remains secure and tailored to your needs.

      The moto g05 stands out with its exceptional camera capabilities, featuring the segment’s best 50MP camera system powered by Quad Pixel technology, delivering stunning, vibrant photos in any lighting condition. For extremely dim environments, Night Vision Mode combines multiple exposures to capture bright, clear images with accurate colors. The 8MP front camera, paired with Face Retouch, ensures crisp, enhanced selfies every time. The moto g05 also excels in portrait photography, offering brilliant, detailed portraits with natural skin tones and enhanced depth. Additionally, exciting features like Time Lapse, Live Filter, Panorama, and Leveler further elevate your photography experience. With additional tools such as Google Photo Editor, Magic Unblur, Magic Eraser, and Magic Editor, users can effortlessly create amazing, professional-quality photos.

      The moto g05, powered by the MediaTek Helio G81 Extreme processor, delivers smooth and efficient performance with optimized battery usage. It features in-built 4GB of LPDDR4x RAM and 64GB of UFS2.2 storage, with the RAM Boost feature allowing up to 12GB of RAM expansion for enhanced multitasking. Additionally, the storage can be expanded up to 1TB via a dedicated microSD card, and the device includes a triple SIM card slot for added flexibility.

      Speaking on the launch, Mr. T.M. Narasimhan, Managing Director, Motorola Mobility India, said “We’re excited to launch the moto g05, a breakthrough entry-level smartphone. With an advanced display, premium design, and powerful camera, it offers an unmatched experience at an incredible price. The moto g05 sets a new benchmark for entry-level smartphones, perfectly aligned with our vision to democratize technology.” Powering all these incredible features is a massive 5200mAh battery that ensures the moto g05 lasts up to two full days on a single charge. When it's time to recharge, the device quickly powers up with TurboPower™ 18W charging.

      To know more about the product, visit: Flipkart: - https://www.flipkart.com/motorola-g05/p/itme5ed06a5943b9?pid=MOBH5F3Q2SGMAFHR Motorola website: - https://www.motorola.in/smartphones-motorola-g05/p Availability: The moto g05 will be available in two beautiful colours: Forest Green and Plum Red featuring Premium vegan leather design.

      moto g05 will be available in a single storage variant with in-built 4GB RAM + 64GB storage; and will go on sale on Flipkart, Motorola.in and leading retail stores starting 13th January 2025, 12PM onwards.

      Launch Price: 4GB RAM + 64GB Storage: Rs. 6,999 Operator Offer: Operator Name: Reliance Jio Total Benefits worth Rs. 5,000 Rs. 2,000 CASHBACK + Rs. 3,000 Vouchers Category Valid on Prepaid Plan: Rs. 449 Jio Cashback Rs. 2000 Value (Rs.) Qty Cashback Rs.50 Cashback on Jio Recharges 2000 40 Food Swiggy: Rs.125 off on 299 1000 8 Shopping Ajio: Rs.200 off on 999 (* 5 vouchers) Ajio: Rs. 500 off on 2999 (* 1 voucher) 1500 6 Wellness Netmeds: 20% off on 999 on medicines + NMS Cashback 500 1 Total Benefits Rs. 5,000 To know more about the offer: https://www.jio.com/offers/brand-partners/jio-motorola-g05-2025 Disclaimers: # As per Techarc Best 5G smartphone report 2024 Detailed Marketing Specifications Operating System Android™ 15 (2 years of security updates) System Architecture / Processor MediaTek Helio G81 Extreme processor with 2xA75 2.0GHz + 6xA55 1.7GHz octa-core CPU, 820MHz Arm Mali-G52 MC2 GPU Memory 4GB LPDDR4X RAM*, expandable up to 12GB* with RAM Boost* Storage 64GB built-in* | up to 1TB microSD card* Body Rear: Vegan Leather Frame: Plastic Front: Corning® Gorilla® Glass 3* Dimensions 165.67 x 75.98 x 8.10mm Weight 188.8g Protection IP52 Water-repellent design with Corning® Gorilla® Glass 3 | Water Touch Technology Display 6.67" display or 16.94cm Display Technology LCD 8-bit 83% NTSC Refresh rate: 90Hz* High Brightness Mode: 1000 nits Typical brightness: 800 nits Display Color Boost Water Touch Display Resolution HD+ (1612 × 720p) 263ppi Display Aspect Ratio 20:09 Display Screen-to-body ratio Active Area-Touch Panel (AA-TP): 91% Active Area-Body (AA-Body): 87% Battery 5200mAh Battery Life Up to 2 Days of Battery Life Charging 18W device charging capable | 6V3A Network 4G: LTE 3G: WCDMA 2G: GSM Bands (by model)* 4G: LTE 1/3/5/7/8/20/28/38/40/41 (2535 - 2655MHz) 3G: 1/5/8 2G: 3/5/8 Main Rear Camera 50MP* f/1.8 aperture 0.64μm pixel size | Quad Pixel Technology with 1.28μm PDAF Camera 2 Ambient Light Sensor Flash Single LED flash Rear camera software Shooting modes: Photo Night Vision Live Filter Portrait Panorama Google Photos Editing: Magic Eraser Photo Unblur Magic Editor Portrait Blur Portrait Light Sky Color Pop Cinematic Photos Other features: HDR Leveler Timer Assistive Grid Watermark Rear camera video capture FHD (30fps) HD (30fps) Rear camera video software Shooting modes: Video Timelapse Slow Motion Other features: Snap in Video Recording Front camera hardware 8MP f/2.05 aperture 1.12μm pixel size Front camera software Shooting modes: Photo Portrait Live Filter Night Vision Artificial intelligence: Face Retouch Mirror Other features: HDR Leveler Assistive Grid Watermark Timer Front camera video capture FHD (30fps) HD (30fps) Front camera video software Shooting modes: Video Timelapse Other features: Snap in Video Recording SIM Card 3 in 3 slots (2 Nano SIMs + 1 microSD) FM Radio Yes Speakers Dual Stereo speakers Dolby Atmos® | Hi-res Audio Microphones 1 microphone Headset Jack 3.5mm headset jack Bluetooth® Technology Bluetooth® 5.4 Wi-Fi Wi-Fi 802.11 a/b/g/n/ac 2.4GHz | 5GHz Wi-Fi hotspot Ports Type-C port (USB 2.0)* Location Services GPS, A-GPS, LTEPP, SUPL, GLONASS, Galileo Sensors Proximity sensor Ambient light sensor Accelerometer Security Side fingerprint reader Face unlock Inbox Accessories* USB Type-C cable, Guides, SIM tool, TurboPower™ 10W charger, Protective Case Hello UX Display: Attentive display Gestures: Fast flashlight, Three-finger screenshot, Flip for DND, Pick up to silence, Media Controls, Lift to unlock, Quick launch, (TapTap) Sidebar, Double press power key, Press and hold power button Voice control Google Assistant Colors Plum Red; Forest Green Device name moto g05 About Lenovo & Motorola Lenovo is a US$62 billion revenue global technology powerhouse, ranked #217 in the Fortune Global 500, employing 77,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company by further expanding into growth areas that fuel the advancement of ‘New IT’ technologies (client, edge, cloud, network, and intelligence) including server, storage, mobile, software, solutions, and services. This transformation together with Lenovo’s world-changing innovation is building a more inclusive, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992)(ADR: LNVGY). Motorola Mobility LLC was acquired by Lenovo Group Holdings in 2014. Motorola Mobility is a wholly owned subsidiary of Lenovo and is responsible for designing and manufacturing all Moto and Motorola branded mobile handsets and solutions.

      To View the Image, Click on the Link Below: Motorola launches the moto g05 at just Rs. 6,999 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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