An Indian consumer court ordered Snapdeal to deliver the phone to the Student Nikhil Bansal at the price at which he had ordered it and fined it Rs 10,000 ($150) for refusing to deliver the product
Bansal had ordered the phone back in 2014 when spotted a rare 99.7% discount on the website, but the company argued that the low price was due to a technical hitch. An iPhone currently sells in the market for Rs 21,000 ($315) and was launched at a price of Rs 53,500 ($803) in 2013 Read more...