Top Xiaomi India executive resigns as challenges mount

Mumbai, 7/12: One of Xiaomi Corp.’s top executives in India is leaving the smartphone maker just as it faces intensifying regulatory scrutiny and competitive pressure in the country.   Chief Business Officer Raghu Reddy, who helped the Chinese company to the top of India’s smartphone and smart-television markets, resigned to “pursue different growth opportunities externally,”…

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Supreme Court directs Centre, RBI to submit relevant records on demonetisation

New Delhi, 7/12: The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to put on record relevant records relating to the government’s 2016 decision to demonetise currency notes of Rs 1000 and Rs 500 denomination.     Reserving its verdict on a batch of pleas challenging the Centre’s 2016…

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China allows Covid cases with no or mild symptoms to quarantine at home

Beijing, 7/12: China’s national health authority said on Wednesday that asymptomatic Covid-19 cases and those with mild symptoms can self-treat while in quarantine at home, the strongest sign so far that China is preparing its people to live with the disease.     Most of the cases are asymptomatic infections and mild cases, with no…

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