New iPhones for Rs 2,500, under 2-year contract

Apple Inc has signed a deal with Reliance Communications wherein a user will get the 16GB iPhone 5c and iPhone 5s at zero upfront cost, for a monthly fee of Rs.2,500 and Rs.2,800, respectively. Under the scheme, the user wil be under two-year of RCom's contract. This is the first time an Indian telecom company is subsidising an iPhone.