Xiaomi India has announced an exclusive festive deal. This deal includes four products from the Chinese brand. When individually bought, the total value of these products will be Rs 33,696. However, Xiaomi is offering this product bundle for an attractive price of just Rs 19,999. The company can offer this bundled deal with the help …
Xiaomi, a leading smartphone manufacturer, is strategically targeting the Rs. 10,000- Rs. 15,000 device segment to regain its lost market share, according to a senior official. Muralikrishnan B, the President of Xiaomi India, stated that the company has implemented a reset strategy and aims to become “India’s most beloved and trusted smartphones and IoT brand” …
Xiaomi India is taking steps to reduce its workforce, aiming to bring the number of employees under 1,000 in India. This move is part of an internal restructuring process that Xiaomi India is currently undergoing. At the beginning of 2023, Xiaomi India had a workforce of approximately 1,400 to 1,500. In order to reach their …
The Enforcement Directorate (ED) has issued show-cause notices to Xiaomi India CFO Sameer Rao, former MD Manu Jain, and three foreign banks for allegedly violating Foreign Exchange Management Act (FEMA) regulations worth over Rs. 5,551 crore. The ED confirmed the notices on Twitter and stated that the adjudicating authority has sent the notices to Xiaomi …