Watch the Micromax’s YU launch event live here with the @theunbiasedblog.  At the event, Micromax will launch the first Cyanogen-based smartphone under its new YU brand.

If rumours are to be believed, Micromax’s first YU brand smartphone will feature a custom Cyanogen OS build and will be powered by a 64-bit CPU, there is no word on the rest of the specs yet. Also the price is supposedly kept under 10k.