Thursday, August 22, 2019

Xiaomi banks on phone data for finance play in India

Xiaomi banks on phone data for finance play in India The stakes are high for the world#39;s fourth largest mobile phone vendor, whose business model relies on low-margin hardware sales with services as a key long-term profit centre. The company reported disappointing second-quarter earnings on Tuesday and its shares are trading at slightly over half their 2018 IPO price

from Moneycontrol Business News https://ift.tt/2KQW03m

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Paras Defence shares soar 10% as Q2 net profit jumps 50% to Rs 14 crore

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