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iPhone 16 gets over Rs 12000 discount, only for limited time

iPhone 16 gets over Rs 12000 discount, only for limited time

India Today28-05-2025
iPhone 16 gets over Rs 12000 discount, only for limited time
By Divya Bhati
Are you looking for big discount deals on Apple's latest flagship, the iPhone 16? Well, Vijay Sales has something for you.
Big discount on iPhone 16
Vijay Sales is currently hosting its Apple Days Sale from 24 May to 1 June. During this sale, the e-commerce site is offering big discounts, including over Rs 12,000 off on the iPhone 16.
Vijay Sales Apple Days Sale
However, that's not all. If you have a bank card from ICICI or Axis Bank, you can get an additional Rs 4,000 off, bringing the price further down to Rs 67,500.
Additional bank offers
Interested buyers can get the iPhone 16 — 128GB storage variant — for a flat price of Rs 70,990. This is an 11 per cent discount on the MRP of Rs 79,900.
Deal on iPhone 16
But that's not all. You can get an additional Rs 4,000 off on bank cards, including ICICI and Axis Bank. Meanwhile, there are also discounts on EMI options and a big drop with exchange offers.
Bank offers on iPhone 16
As for what you get with the iPhone 16, the phone features a 6.1-inch all-screen OLED display (Super Retina XDR display).
iPhone 16 is feature-packed
The iPhone 16 is powered by an A18 chip with a 5-core GPU and runs on the iOS 18 operating system.
Power of Apple Silicon
For mobile photography and videos, the iPhone 16 has a 48MP Main + 12MP Ultra Wide primary camera and a 12MP front camera.
Also Read: iPhone 16 and iPhone 16 Plus review: Smart upgrades
Capable cameras
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Vedanta continues winning street confidence: Brokerages forecast strong earnings ahead
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Hans India

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  • Hans India

Vedanta continues winning street confidence: Brokerages forecast strong earnings ahead

New Delhi: Major global and Indian brokerages remain optimistic on Vedanta Ltd's performance for FY26, citing stronger LME pricing trends, cost discipline, deleveraging, and a resilient aluminium business among the key growth drivers. These firms have also taken note of the several growth projects scheduled for commissioning or completion in the next few quarters. JP Morgan noted that Vedanta's first quarter consolidated EBITDA was largely in line with estimates, with key segments such as aluminium, oil and gas, and power faring better than its expectations, leading to an overall segmental EBITDA beat. On the earnings trajectory for the current and next fiscal, the firm expects various ongoing initiatives at Vedanta to aid growth. "Vedanta's capacity expansion journey in the aluminium business as well as vertical integration should bring cost advantages. LME prices have also bottomed out and should continue to move higher into FY26-27, likely aiding earnings growth." Echoing similar views on LME prices and its potential benefit, Citi Research cited that Vedanta's parent (Vedanta Resources) leverage is at comfortable levels. It listed potential upside in medium-term aluminium LME prices, lower cost, and the demerger as another positive for Vedanta, while adding that aluminium globally has a limited supply growth. Mumbai-based Nuvama Institutional Equities expects Vedanta to deliver quarter-on-quarter EBITDA growth in Q2. "Q2FY26 EBITDA is likely to increase 10 per cent-plus quarter-on-quarter on the back of higher prices and lower aluminium cost of production. Major aluminium projects are likely to be commissioned in Q2FY26. We reckon net debt/EBITDA ex-Hindustan Zinc shall fall to 1.7x by FY26-end, compared to 2.7x in FY25. Demerger of the business is likely to be concluded in Q4FY26," the firm said in its report. The brokerage expects Vedanta's all major projects except coal blocks to be likely commissioned in the current fiscal, providing volume growth and cost reduction visibility for the company. UK-based Investec stated in its post-earnings report that Vedanta is a key beneficiary of depreciation in the Indian Rupee. Other near-term positives listed by the firm include declining alumina prices and the company offering attractive yields. The firm has retained its buy recommendation on Vedanta. Research firms like Kotak Institutional Equities and IIFL have cited factors like cost efficiencies and deleveraging at both Vedanta Ltd and its parent Vedanta Resources as beneficial factors. Vedanta's adjusted profit after tax jumped 13 per cent year-on-year to Rs 5,000 crore. The company clocked its highest-ever first-quarter EBITDA of Rs 10,746 crore, which was up 5 per cent year-on-year.

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