India Should Stop Regulatory Assault on Chinese Firms, China State Media Says

India Should Stop Regulatory Assault on Chinese Firms, China State Media Says

India should stop its “regulatory assault” on Chinese companies, state-backed Chinese newspaper Global Times said, after smartphone maker Xiaomi alleged threats of “physical violence” in Indian investigations. Reuters reported on Saturday that Xiaomi had told a court that its top executives faced threats and coercion during questioning by the Enforcement Directorate investigating illegal remittances. The … Read more

Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

The Enforcement Directorate on Saturday rejected as “baseless” the allegations that the statements of Xiaomi India officials, the wholly-owned subsidiary of Chinese mobile manufacturing company Xiaomi, were recorded “under coercion”, saying the charges were an afterthought. The federal agency was responding to certain news reports that said Xiaomi alleged in a recent filing before the … Read more

Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

The Enforcement Directorate on Saturday rejected as “baseless” the allegations that the statements of Xiaomi India officials, the wholly-owned subsidiary of Chinese mobile manufacturing company Xiaomi, were recorded “under coercion”, saying the charges were an afterthought. The federal agency was responding to certain news reports that said Xiaomi alleged in a recent filing before the … Read more

Xiaomi Said to Accuse ED of ‘Physical Violence’ Threats During Probe

Xiaomi Said to Accuse ED of ‘Physical Violence’ Threats During Probe

Chinese smartphone maker Xiaomi has alleged its top executives faced threats of “physical violence” and coercion during questioning by India’s financial crime fighting agency, according to a court filing seen by Reuters. Officials from the Enforcement Directorate warned the company’s former India managing director, Manu Kumar Jain, current Chief Financial Officer Sameer BS Rao, and … Read more

Xiaomi Said to Accuse ED of ‘Physical Violence’ Threats During Probe

Xiaomi Said to Accuse ED of ‘Physical Violence’ Threats During Probe

Chinese smartphone maker Xiaomi has alleged its top executives faced threats of “physical violence” and coercion during questioning by India’s financial crime fighting agency, according to a court filing seen by Reuters. Officials from the Enforcement Directorate warned the company’s former India managing director, Manu Kumar Jain, current Chief Financial Officer Sameer BS Rao, and … Read more

RedmiBook Laptop Range to Debut in India on August 3

RedmiBook Laptop Range to Debut in India on August 3

RedmiBook India launch is set for August 3, Xiaomi confirmed via a media invite on Tuesday. The company teased the arrival of the first Redmi-branded laptop in India a few days ago and now the launch date has been confirmed. Xiaomi entered the laptop segment in India last year with the launch of the Mi … Read more

Smart TV operating system case turns focus on lack of adequate laws

Smart TV operating system case turns focus on lack of adequate laws

New Delhi: The inclusion of Xiaomi India and TCL India in an antitrust complaint against Google’s alleged abuse of dominance in the smart TV operating system (OS) market has brought to the fore questions of collective dominance and its absence in Indian competition law. Experts said a case of collective dominance might not stand in … Read more

Government’s move to ban apps will hurt Xiaomi India revenue: Analysts

Government’s move to ban apps will hurt Xiaomi India revenue: Analysts

NEW DELHI: The government’s recent move to ban Xiaomi’s popular web browser, the ‘Mi Browser Pro’ along with the previously banned socializing platform ‘Mi Community’ could severely hurt the Chinese phonemaker’s revenue opportunity from value added services (VAS) worth millions of dollars, analysts say. “Having built a user base of 90 million users and captured … Read more