MAM
Reliance Jio’s mid-segment LYF Water 5 smartphone launches on Amazon
MUMBAI: Reliance Jio’s mid-segment LYF Water 5 phone from Reliance Digital has been launched. Water 5, unlike its predecessors Water 1, Water 2, and Water 7 that are available in various brick and mortar showrooms, is only available online, exclusively on Amazon India. The smartphone is priced at Rs 11,699/-.
Online platforms are fast becoming an attractive option for vendors because of the wide outreach it allows them as well as an increasingly web-savvy young generation that is taking to online shopping as a means of quick, hassle-free, and largely secure mode of shopping.
A few days ago, Reliance Jio opened its 4G mobile internet and phone call service for the general public on a ‘trail’ basis with a couple of conditions. One can buy the Jio sim-card after getting an invite from employees of Reliance Industries group firms and must buy an LYF handset. The invitee needs to pay Rs 200 to activate the services. This will also grant user free unlimited access to Jio’s 4G mobile applications like Jio Play, Jio On-demand, JioMag, JioBeats, Jio Drive etc., for 90 days. Reliance’s LYF range of mobile devices cost between Rs 5,599 and Rs 19,499 each.
MUMBAI: In India’s fast-moving payments race, Visa has just swiped in a new leader. The company has named Suresh Sethi as its India country head, marking a key leadership shift as it sharpens its focus on digital payments growth in the market. Sethi steps into the role following his recent exit from Protean eGov Technologies, where he served as chief executive officer. He succeeds Sandeep Ghosh, who has moved on after more than four years at Visa to pursue an external opportunity.
The appointment comes at a time when Visa is doubling down on its expansion strategy across India and the wider region, deepening partnerships and accelerating adoption in an increasingly competitive digital payments ecosystem.
Sethi brings with him a broad, cross-market perspective shaped by decades of experience across corporate banking, retail financial services, mobile money and large-scale government technology initiatives. He began his career at Citigroup, where he spent 14 years working across India, Africa, South America and the United States, focusing on transaction banking services within the corporate bank.
His appointment signals a blend of institutional experience and market familiarity qualities that could prove critical as Visa navigates a landscape where fintech innovation, regulatory evolution and consumer adoption are all accelerating at once.
As digital payments in India continue to scale rapidly, the leadership change underscores a simple reality, in a market where every tap, scan and swipe counts, who leads the charge can matter just as much as the technology itself.
