Page 3 - Lava

Volcano erupts in southwest Iceland, send lava flowing towards settlement

A volcano has erupted in southwestern Iceland, sending semi-molten rock spewing toward a nearby settlement for the second time in less than a month. The eruption on Sunday morning came after a swarm of earthquakes near the town of Grindavik, the Icelandic Meteorological Office said. The community was evacuated overnight, Iceland's RUV television reported. Lava is flowing a few hundred metres north of the town, this is 400 to 500 metres,' Kristn Jnsdttir from the Icelandic Meteorological Office told Iceland's RUV television. Lava flows towards Grindavik. Residents of Grindavik were previously evacuated from their homes in November and had to stay away from the town for six weeks following a series of earthquakes and an eventual volcanic eruption. They were allowed to return on December 22. Iceland, which sits above a volcanic hot spot in the North Atlantic, averages an eruption every four to five years. The most disruptive in recent times was the 2010 eruption of the Eyjafjallajokul

Court reserves order on bail plea of Lava MD in Vivo money laundering case

A court here on Monday reserved its order on the bail application of Hari Om Rai, the managing director of Lava International Company arrested in a money laundering case against Chinese smartphone-maker Vivo. Additional Sessions Judge Kiran Gupta reserved the order for January 12 after hearing the arguments of the counsels appearing for the accused and the Enforcement Directorate (ED). Senior advocate Vikaram Chaudhari and advocate Nitesh Rana, appearing for Rai, told the court that he has several medical ailments, and due to these, "keeping him in jail might be disastrous". "Although the doctors in jail are good, but keeping him there will worsen his condition," the court was told by the advocates. The application was opposed by the ED. The agency said that if released on bail, the accused may tamper with evidence or influence witnesses. Rana had earlier told the court that though Rai's company and Vivo were in talks to launch a joint venture in India a decade ago, he had nothing

Lava Storm 5G budget smartphone goes on sale: Know price, specs, and more

In the introductory offers, customers can avail up to Rs 1,500 in discounts on purchase of the Lava Storm 5G using select bank cards

Lava Storm 5G smartphone with FHD+ display launched at Rs 13,499: Specs

The Lava Storm 5G smartphone will be available on Lava e-store and Amazon India website from December 28

Vivo case: Notice to Tihar officials on Lava MD's plea against jail shift

ED recently arrested Chinese national Guangwen Kuang, Lava International's MD Hariom Rai Nitin Garg and Rajan Malik under a different section of the Money Laundering Act

Lava Yuva 3 Pro budget smartphone launched: Know price, specs, features

Like other smartphones from Lava, the Yuva 3 Pro smartphone offers a stock experience based on Android 13 with a few value-added features layered on top for improved experience

Worsened Sino-India relations won't mean committed offence in past: Lava MD

Arrested MD of Lava International Company Hari Om Rai told a court here Wednesday that merely because the Sino-India relations have deteriorated over the years, it would not mean that he committed an offence at a time when there were, in fact, friendly business relations between the two countries. The accused, arrested in a money laundering case against Chinese phone-maker Vivo, made the submissions through his lawyer before Special Judge Tarun Yogesh during the hearing of his bail application. The judge on Wednesday posted the matter for further hearing on December 4. Advocates Vikram Chaudhary and Nitesh Rana, appearing for the accused, told the court during the hearing of the application, that the accused has no direct or indirect control over Vivo's business. "He has not derived any monetary benefit, nor has he engaged in any transaction with Vivo or any entity allegedly related to Vivo, let alone having been associated with any alleged 'proceeds of crime'," the counsel told th

Blaze 2 5G: Lava launches MediaTek Dimensity 6020-powered budget smartphone

The Lava Blaze 5G is offered in 4GB RAM + 64GB storage and 6GB RAM + 128GB storage at Rs 9,999 onwards

Vivo PMLA case: Court sends Lava MD, Chinese national to judicial custody

A court here on Wednesday sent Lava International MD Hari Om Rai and Chinese national Guangwen Kuang to judicial custody till October 30 in a money laundering case against Chinese smartphone maker Vivo. Additional Sessions Judge Devender Kumar Jangala, however, extended by two days the custodial interrogation of co-accused Nitin Garg. The court passed the order on an application moved by the Enforcement Directorate. The three accused were produced before the court on completion of their ED custody granted earlier. They were arrested under the provisions of the Prevention of Money Laundering Act (PMLA). The smartphone company has denied the allegations. Vivo has constantly denied the allegations. We will pursue necessary and appropriate legal recourse, a company representative said in a statement. The ED had raided the Chinese company and individuals linked to it in July last year, claiming to have busted a major money laundering racket involving Chinese nationals and multiple Ind

Morale of the industry at all-time low, says ICEA on Lava MD arrest

Morale of the mobile manufacturing industry has hit an all-time low with the arrest of Hari Om Rai, founder of homegrown device maker Lava International, industry body ICEA said on Saturday. The Enforcement Directorate has arrested Rai in an alleged money laundering case against Chinese smart devices maker Vivo. "We understand that the morale of the industry has hit an all time low and national champions are feeling very demoralised. We want to assure them that we have full confidence in India's regulatory and judicial system and we are sure that he (Rai) will emerge from the clouds and continue to champion the development of our industry which is critical in building the nation," ICEA chairman Pankaj Mohindroo said in a statement. ED raided Vivo and its linked persons in July last year, claiming to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. The ED had then alleged that a whopping Rs 62,476 crore was "illegally" transferre

Lava eyes 10% smartphone market in 2 yrs with investment of Rs 600 crore

Home-grown mobile devices maker Lava International expects to capture 10 per cent market share in under Rs 30,000-priced smartphone segment on account of up to Rs 600 crore investment in product development and marketing in the next two years, a senior company official said. Lava International President Sunil Raina told PTI that at a time when several Indian mobile phone companies succumbed to the pressure of aggressive pricing of foreign players around 2016-17 coupled with challenges posed by demonetisation and GST implementation, Lava focussed on its core strength and re-worked on the growth strategy. The company relaunched its smartphone business with a small pause with focus on customer experience around devices and providing repair service at home, Raina said. He said that the company has realised that technology has to be competitive for growth along with visibility. "With branding and product development, we will invest Rs 500-600 crore in the next two years with a large par

Lava launches Blaze Pro 5G smartphone with 5000mAh battery: Price, specs

Priced at Rs 12,499, the Lava Blaze Pro 5G will be available online on e-commerce platform Amazon India and at select offline stores from October 3

India's Lava looks to corner a third of feature phone market share

Since it was set up in 2009, Lava has become popular for the budget phones, which have a keypad but no high-end features

From Lava to Karbonn: Indian smartphone brands aiming to make a comeback

The Indian smartphone brands are looking to fill the vacuum created in the sub-Rs 10,000 segment

Lava Agni 2 5G with MediaTek Dimensity 7050, 4700mAh battery launched

Priced at Rs 21,999, the smartphone will be available from May 24 on Amazon India. The company offers a flat discount of Rs 2,000 on all major credit and debit cards

Lava Blaze 2: Unboxing made in India budget smartphone with premium finish

Lava Blaze 2 smartphone with 6GB RAM, 128GB storage launched at Rs 8,999

The Lava Blaze 2 smartphone will be available on the e-commerce platform Amazon India from April 18

Lava launches Yuva 2 Pro smartphone at Rs 7999: Specifications and features

Lava Yuva 2 Pro comes pre-loaded with free subscription of Doubtnut's course material for students in classes 9th to 12th (worth up to Rs 12,000 for one year)

Lava Blaze 5G phone's 6GB RAM variant goes on sale with introductory offers

The 6GB variant of Lava Blaze 5G is available for purchase on Lava E-store and e-commerce platform Amazon India. Below are the details

Lava Blaze 5G gets 6GB RAM variant with 128GB storage: Know price, specs

Priced at Rs 11,999, the 6GB variant of Lava Blaze 5G will be launched on February 15