Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
The Enforcement Directorate (ED) on Friday said it has issued show-cause notices to the Indian arm of Chinese mobile phone manufacturer Xiaomi, its chief financial officer and director Sameer B Rao, former managing director Manu Kumar Jain and three foreign banks for alleged violations of the foreign exchange law to the tune of more than Rs 5,551 crore.
The assistant director of the vigilance department had filed a written request before a special court, seeking two months' time to study the 'lacunae and discrepancies' in the CBI's closure report in the case to file an appropriate protest petition before it.
Andhra Pradesh's Jyothi Yarraji and Tejas Shirse of Maharashtra won their third successive gold medals in the women's 110m hurdles and men's 100m hurdles respectively at the National Games in Dehradun.
Chinese giant Xiaomi is going for the premium segment with a view to grabbing market share in the Rs 20,000 to Rs 50,000 smart phone market as well as having offerings up to Rs 70,000 where players like One Plus, Samsung, Vivo and Apple are key players. "Two years ago, the Rs 20,000 plus smart phone market which is considered premium in India was very small. "Out of every 100 phones sold, only 10 were above this price mark. "However, in the last two years, it suddenly grew and we thought it was big enough for us to focus on now," said Manu Kumar Jain, managing director, Xiaomi India.
Xiaomi proposes to increase its content and software tie-ups
Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.
The disqualified MLAs are Rajinder Rana, Sudhir Sharma, Inder Dutt Lakhanpal, Devinder Kumar Bhutoo, Ravi Thakur and Chetanya Sharma.
Sixty-eight Rajya Sabha members, including nine Union ministers, are completing their tenure this year, triggering a race of sorts among leaders across political parties to eye a six-year term in the Upper House of Parliament.
Former Congress president Sonia Gandhi, BJP chief J P Nadda and new party entrant Ashok Chavan and Union ministers Ashwini Vaishnaw and L Murugan were among the 41 candidates elected unopposed to Rajya Sabha on Tuesday while Himachal Pradesh, Karnataka and Uttar Pradesh will witness polling on February 27.
As 4G internet completes coverage of the entire country, rural markets have become the primary generator of sales.
A notification in this regard was issued on Thursday evening which further said that these six MLAs ceased to be members of Himachal Pradesh legislative assembly with effect from February 29.
The Congress on Tuesday suffered a major upset in Himachal Pradesh at the hands of the Bharatiya Janata Party in the Rajya Sabha elections which were marred by cross-voting in all the three states though it won three seats in Karnataka while the saffron party pocketed an extra seat in Uttar Pradesh.
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
'We are offering one year of free music and three months of free movies to a million users through MIUI8.'
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
Xiaomi plans to bring global component suppliers to India and this could potentially bring investment of at least Rs 15000 crore
Xiaomi now a lifestyle player, quietly launching a slew of non-smartphone products like Mi branded luggage, backpacks, apparel, U-shaped pillows, pens, home security cameras and air purifiers.
Yes you heard it right, will you buy this Xiaomi's signature edition of its flagship Redmi K20 Pro just launched.
At least 12 passengers were killed and two others missing after a Maharashtra state transport bus fell into the Narmada river from a bridge in Madhya Pradesh's Dhar district on Monday, officials said.
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
Xiaomi has unveiled its flagship Mi5 handset, priced at Rs 24,999.
From auto, refrigerator, and mobile handset makers to real estate firms, companies are tying up with banks to dole out attractive finance schemes and discounts to make buying more affordable.
Seven Olympic and six Paralympic disciplines were identified for support at a meeting of the Mission Olympic Cell.
Vikramank Singh looks back at the year gone by!
The court asked the Maharashtra police to file their case diary pertaining to the ongoing investigation in the case by September 24.
As polling begins on Friday for the remaining 25 Rajya Sabha seats in six states, here's a list of some of the bigwigs who are seeking to be elected to the Upper House of Parliament.
'Usually, my characters are flawed but this one is extraordinary.' Kangana Ranaut discusses her new film Manikarnika: The Queen of Jhansi.
Optimistically preparing to shoot at the Games, air pistol exponent Verma, 29, is a late bloomer.
On the last date of hearing, the Maharashtra police had produced additional letters to establish Moist links of the arrested accused even as the petitioners described it as cooked-up evidence.
Mayawati was outmanoeuvred by the BJP in the race for the Rajya Sabha in Uttar Pradesh just days after she helped the Samajwadi Party snatch two Lok Sbaha seats from the saffron party in bypolls.
The saffron party is assured of victory in eight of the ten seats in UP going by its dominant numbers in the state assembly.
Talented, rebellious, obsessive: Ranjita Ganesan and Dhruv Munjal find traces of the actor's different streaks in Mandi, Chandigarh and Mumbai.
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