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Xiaomi evaluating local production of its tablets

Mint Mumbai

|

January 04, 2024

The Indian unit of Chinese smartphone maker Xiaomi said it's evaluating local manufacturing of its tablets, as New Delhi seeks to curb imports of IT hardware products, and boost investment and entrepreneurship in the world's fifth-largest economy under its flagship Make in India initiative.

Xiaomi evaluating local production of its tablets

"The government has given a one-year extension, we're mindful of that target and we are working with our partners to ensure that we can start this at a the right time," Xiaomi India president Muralikrishnan B. said in a media briefing on Wednesday.

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Mint Mumbai

Nelco crosses first step to satcom reselling licence

Tata Group-owned Nelco Ltd has received the government's preliminary approval to resell satellite internet services to consumers by partnering with companies such as Elon Musk’s Starlink, OneWeb, Amazon's Kuiper and Jio Satellite, according to three people in the know.

time to read

3 mins

October 02, 2025

Mint Mumbai

US trade pact close, comprehensive deal to sidestep patents

As India and the US inch closer to the timeline to finalize a trade deal, both sides are moving towards signing a comprehensive Bilateral Trade Agreement (BTA) that will cover nearly every aspect of commerce, from tariff reduction and easing of non-tariff barriers to expanded access in services and energy cooperation.

time to read

2 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

RBI unveils plans to bolster credit flow to corporates, capital market

Regulator to remove cap on banks’ market lending to single group, proposes to allow acquisition funding

time to read

2 mins

October 02, 2025

Mint Mumbai

Cough syrup kills 6 children in MP; govt begins probe

Early reports suggest the syrups may have been tainted with diethylene glycol, a toxic chemical

time to read

1 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Prez Trump's proposed changes to visa rules assailed by chip industry

The F-1 student visa serves as a critical pipeline to the tech workforce

time to read

4 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Top firms tick boxes, but lag on diversity, independence

India's top 100 listed companies have shown progress in corporate governance practices, but persistent gaps remain in board meeting attendance, diversity, and leadership independence.

time to read

2 mins

October 02, 2025

Mint Mumbai

RBI rate actions are signals that markets need not always heed

Contrary to widespread belief, monetary transmission is both slower and far-from-linear, globally

time to read

3 mins

October 02, 2025

Mint Mumbai

US shutdown, Fed rate cut bets lift gold

Gold prices rallied by ₹1,100 to breach 1.21 lakh per 10g mark in the national capital on Wednesday, tracking global cues amid US government shutdown after Congress failed to approve fresh federal funding.

time to read

1 min

October 02, 2025

Mint Mumbai

Mint Mumbai

Food delivery giants rid health wave to bulk ma

Zomato and Swiggy are bringing in features like 'healthy mode' and a 'high

time to read

3 mins

October 02, 2025

Mint Mumbai

Ola Electric under fund pressure amid sales de

The EV maker missed its sales targets to achieve profitability for seventh con

time to read

2 mins

October 02, 2025

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