Friday, July 21, 2023

Xiaomi to Bet Big on Under Rs. 15,000 Device Segment to Regain Lost Market Share

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 with a reset strategy and will focus to be "India's most loved and trusted smartphones" and IoT brand with "focus on efficiency a...

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Auto companies push for easing of fuel efficiency norms

Automakers are urging the government to relax new CAFE III fuel efficiency norms, set to begin in April 2027, due to the low penetration of ...