Xiaomi Global VP Manu Kumar Jain calls it quits
The Hindu
Manu Jain was the face of Xiaomi India before he quietly moved to Dubai in July 2021 amid rising pressures on company’s finances by the enforcement agencies
Manu Kumar Jain on Monday announced his departure from Xiaomi, ending his nine-year association with the Chinese brand. Mr. Jain was the face of Xiaomi India before he quietly moved base to Dubai to serve as Global VP in July 2021, amid rising pressures on the company’s finances by law enforcement agencies.
Manu Jain, who was also cofounder of Jabong, wrote on his Twitter profile, “I feel confident that now is the right time, as we have strong leadership teams across the world...”
Under Mr. Jain’s leadership, Xiaomi routinely emerged as the top performing smartphone brand online. He joined Xiaomi in 2014 at a time when the company was trying to establish its presence in India.
Currently, Xiaomi is still among top three smartphone vendors despite the shipments going down due to macroeconomic pressures. The brand operates with three titles: Xiaomi, Redmi and Poco.
IndiGo faces ongoing flight delays and cancellations due to technology issues, weather, and new crew rostering rules.
Stock markets experience volatility as investors await RBI's monetary policy amid foreign fund outflows and mixed global trends.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.