China's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...

Xiaomi contests a significant Indian tax demand on royalty payments. The company argues the ruling misinterprets contract manufacturing pra...

Xiaomi's growth prospects in India are diminishing due to increased regulatory scrutiny and declining market share. The company's revenue c...

Xiaomi India has been named as an 'opposite party' in a CCI investigation on exclusive smartphone launches on platforms like Amazon and Fli...

Xiaomi 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...

Revenue from smartphones, which makes up 60% of total sales globally, fell 11.1% on-year, dragged down by low margins in India and flat gro...

Computer maker Lenovo increased its sales in India year-on-year in 2020-21 while smartphone makers Xiaomi and Vivo reported marginal fall i...

Xiaomi India sales grew 7% over the year ago to Rs 38,196 crore in 2019-20 even as it clocked a profit of Rs 401 crore after sustaining Rs ...

After beating Samsung in smartphones, Xiaomi now wants to generate revenue from internet services.

This fund infusion comes at a time when Samsung has upped its smartphone game in India.

While fighting Chinese competitors with lower priced phones, Samsung saw net profit fall by as much as 11%.

The company will also start selling its Mi TV range through brick-and-mortar multi-brand stores by Diwali apart from the exclusive Mi Home ...

People close to the deal had built up the idea that Xiaomi could raise at least $10 billion at a valuation of $100 billion, which would mak...

Xiaomi could be the biggest IPO since Alibaba Group Holding $25 billion debut in 2014.

The Chinese company has not defined performance parameters or sales targets for its 400-plus employees in India, making it a one-of-a-kind ...

Xiaomi together with another Chinese smartphone maker Oppo Mobiles, added over $2 bn of sales in India, considering the latter too grew by ...