Xiaomi sold more than three lakh units of its newly-launched Redmi Note 5 and Redmi Note 5 Pro in just three minutes during its first online sale on Thursday.
China’s Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea’s Samsung has dominated for more than 5 years.
Aiming to ramp up its offline presence in the country, Xiaomi is all set to open its 'Mi Home' signature retail store in the Delhi-NCR region.
Chinese handset vendor Xiaomi today announced the sale of 2.50 lakh plus units of its latest model 'Redmi 4A' in just four minutes through e-commerce giant, Amazon.
Chinese handset maker Xiaomi has elevated its India Head Manu Kumar Jain to a global role as its Vice President.
Xiaomi today said it plans to ramp up its offline distribution channel in the country and is targeting around 25 per cent of its turnover from this segment
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months