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Xiaomi Mi Band 4 price in India leaked

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Xiaomi is only a day from hosting its “Smart Living 2020” event in India, aiming to bring a wide range of consumer products, including a smart TV, fitness tracker and more. While it is not entirely clear what Xiaomi has in store for its fans in India at the upcoming event, the Mi Band 4 has certainly generated a lot of interest.

Mi Band series has been quite successful in India, which was made possible with competitive specs and pricing. As the succession continues, the Mi Band 4 will take over the wearable market by storm as we already know the key features of the fitness tracker but little did we know of the Mi Band 4’s price in India.

Based on the Mi Band 4’s price in China, many guessed Xiaomi would launch the new fitness tracker for Rs 1,999 – the same as its predecessor. But a newly leaked photo of Mi Band 4’s retail box shows different pricing. According to HT, the Mi Band 4’s retail packaging puts the wearable’s MRP at Rs 2,499. But the report also notes that the market price of the Mi Band 4 is likely to be lower – may be Rs 1,999?

For now, the cloud of mystery around the Mi Band 4’s price in India hasn’t cleared, but the official launch is slated for Tuesday, which means there isn’t a lot of time left to remain curious.

Mi Band 4 is going to be available exclusively on Amazon.in. The e-commerce giant has already set up a “Notify Me” page for those who are interested to know more about the tracker as and when it launches. We’ll be attending Xiaomi’s “Smart Living 2020” event to bring you some hands-on coverage of all the new products, so stay tuned.

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Hyderabad based GVK Group reportedly under government scanner

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Mumbai: The GVK Group, which is in locked in a legal battle with the Adani Group on stake sale in its flagship Mumbai International Airport (MIAL), on Tuesday said it has received a notice from the corporate affairs ministry (MCA), seeking some details about the airport operator.

This comes at a time when the Hyderabad-based diversified GVK Power & Infrastructure Limited, which owns 50.5 percent stake in the MIAL, is in the process of hiking its stake in the airport arm by acquiring 23.5 per cent additional stake from Bidvest and ACSA.

The MCA notice, according to sources, is based on a whistleblower complaint to MCA with regard to alleged ‘diversion of funds’ from some of the GVK Group companies.

MCA has initiated an inspection of the books of 11 entities, which include GVK Power & Infrastructure, Mumbai International Airport, GVK Jaipur Expressway Pvt and GVK Power. It has also ordered an inspection of the books of Navi Mumbai International Airport Pvt – the under construction airport at Navi Mumbai.

These companies are located in different jurisdictions — Hyderabad, Bengaluru, Rajasthan and Mumbai — of the Registrar of Companies and MCA has sent a physical inspection letter to each of these companies, sources said.

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