Karbonn has launched a new value oriented Smartphone in India. Dubbed Titanium S5i, the Indian phone maker's latest offering features a 5-inch FWVGA (854 x 480) resolution display and is powered by a 1.0 GHz dual-core processor of unknown make. There's an 8 MP rear camera, 512 MB of RAM, 2,000 mAh battery, dual SIM support and Android 4.2 Jelly Bean OS included in the package, all of which costs just Rs. 7,999 on Flipkart. Sounds like a fair price for a device of such caliber.