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XIAOMI TECHNOLOGY INDIA
Competition heats up in India’s smartphone manufacturing sector as PLI winds downIndia's Android smartphone manufacturing is heating up. As a key government scheme concludes, companies are competing fiercely on price. Br...- Qualcomm expands mid-range push with Snapdragon 6 Gen 5 and 4 Gen 5Qualcomm has launched new Snapdragon 6 Gen 5 and 4 Gen 5 mobile platforms for India. These chips will bring better connectivity, gaming, an...
- One in four smartphones made in India comes from homegrown manufacturers as exports power growthIndian companies are now making over a quarter of smartphones sold in the country. Dixon Technologies leads this surge, becoming India's la...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
- Lumio Vision 9 (2026) launches with a performance-first approach as it builds on early market tractionLumio launched its Vision 9 (2026) smart TV in India, emphasizing performance as a key differentiator. The company's strategy, validated by...
- Large AI firms hoovering maximum funding, not enough for smaller startups: Y Combinator’s Ankit GuptaAnkit Gupta spoke to ET ahead of the accelerator’s Startup School event in Bengaluru on April 18 — the first in India. In order to tap aspi...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- China’s Cosmx ties up with Munoth Industries in JV to source lithium-ion cells in IndiaChinese battery leader Cosmx is embarking on an exciting collaboration with Munoth Industries based in India. This venture will enable Cosm...
- Chinese professionals back in India on warmer tiesChinese professionals are returning to India in growing numbers for business. Companies like Oppo, Xiaomi, and Midea are sending executives...
- Xiaomi eyes settlement route for release of ₹4,704.21 cr frozen assetsXiaomi Technology India's ₹4,704.21 crore remains held up as authorities have attached its bank accounts amid ongoing investigations. The c...
- ED issues show-cause notice to Xiaomi India top officials, 3 banksThe adjudicating authority under the Foreign Exchange Management Act has issued show-cause notices to Xiaomi Technology India Private Limit...
- Xiaomi partners with Dixon Technologies to make smartphones in IndiaDixon shares surged 5.3% to close at Rs 3,878.45 on the BSE, after the announcement. The statement came after the two parties met with mini...
- Xiaomi's India biz turns around, revenue grows over 9% in FY22Xiaomi turned around its India business in FY22 with the company's turnover growing more than 9% to Rs 39,099 crore, topping the pre-pandem...
- Xiaomi says 84% of Rs 5,551 crore seized by ED was royalty payment to QualcommThe ED, under the Foreign Exchange Management Act (FEMA), has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chin...
- Enforcement Directorate's Rs 5,551.27 crore seizure order against Xiaomi confirmedThe authority held that the ED was right in holding that foreign exchange equivalent to ₹5,551.27 crore had been transferred out of India b...
- FEMA authority confirms India's highest seizure order of Rs 5551.27 crore against XiaomiThe Authority, while confirming the seizure, held that the probe agency was right in holding the foreign exchange equivalent to Rs 5551.27 ...
- ED seizes Rs 5,551 crore of Xiaomi India for alleged forex violationThe Directorate of Enforcement (ED) has seized Rs.5551.27 crore of Xiaomi Technology India Private Limited under the provisions of Foreign ...
- ED seizes Rs 5,551 crore of Xiaomi India under FEMA for alleged forex violationThe Directorate of Enforcement (ED) has seized Rs 5551.27 crore from Xiaomi Technology India Private Limited, a wholly-owned subsidiary of ...
- Xiaomi turns profitable in third year in IndiaXiaomi together with another Chinese smartphone maker Oppo Mobiles, added over $2 bn of sales in India, considering the latter too grew by ...
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