Xiaomi to remain 100% subsidiary of Chinese parent; will not dilute stake in Indian arm
Chinese mobile phone manufacturer Xiaomi has said it will not pursue the joint-venture solutions used in India by its peers. President Muralikrishnan B said the firm was looking to remain a 100% subsidiary of its Chinese parent, amid speculation of an Indian joint venture, especially as some of its contract manufacturers enjoy incentives from the government.
Edible oil industry trade body SEA urges members to reduce MRP
SEA said the government is seriously concerned about the domestic price of edible oil and expects a fall in prices in line with the declining international market. In recent virtual meetings with officials from the Department of Food & Public Distribution.
Titan Co. working on SIM-enabled smartwatches with health, digital payments features
In a move that can help the company gain a competitive edge, Titan is planning to introduce SIM-enabled watches. “I think 5G and the whole cellular technology will be another leapfrog for this segment. So, you can expect us to be innovating with SIM-enabled watches,” said Kuppuraj.
