Xiaomi India

Xiaomi Corp plans to focus on 5G smartphones and a leaner product portfolio in India, trying to claw back market share lost to rivals including South Korea’s SamsungElectronics Co in its second-biggest market.China’s Xiaomi held the…

Smartphone maker Xiaomi is betting big on the Rs. 10,000-Rs. 15,000 device segment to regain its lost market share, a senior official of the company said on Friday. Xiaomi India President, Muralikrishnan B said that the company has come up…

Amid increased government scrutiny and falling market share, Xiaomi India is reportedly slashing its workforce in the country to less than 1,000 employees, Economic Times reported Thursday. The report revealed that the Chinese company fired…

Amid increased government scrutiny and falling market share, Xiaomi India is reportedly slashing its workforce in the country to less than 1,000 employees, Economic Times reported Thursday. The report revealed that the Chinese company fired…

Xiaomi India is reportedly cutting jobs. According to a report in Economic Times, the company plans to bring its workforce number under 1,000 in India. The report claims that the layoffsare a part of an internal restructuring that Xiaomi…

Xiaomi India is slashing its workforce to less than 1,000 employees as part of a restructuring process, the Economic Times (article beyond paywall) reported on Thursday. The cost-cutting measures come amid a slump in market share…

Last Updated: June 12, 2023, 11:57 ISTThe notices have been issued to the firm, along with Jain and Rao, the ED said. A show-cause notice is issued after the completion of a FEMA probe and once it is settled, the accused may have to pay a…

Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of over Rs.…

The Enforcement Directorate on Friday said it has issued showcause notices to Xiaomi Technology India Pvt Ltd, its officials and three banks under the Foreign Exchange Management Act for alleged foreign exchange violation of more than…

Contract manufacturer Dixon Technologies (India) on Wednesday said it is partnering with Xiaomi's Indian arm to make and export phones for the Chinese firm.The news, which boosted Dixon's shares by 4 percent, comes…