Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones, a costly lapse that has allowed Samsung Electronics to pip the Chinese company to the top spot in the world's second biggest market for the devices.

While Xiaomi remained focused on selling mobile phones under 10,000 rupees ($120), Indian consumers were willing to pay up for better looking models with richer features.

Kishore Biyani has withdrawn his resignation from the position of executive chairman and director of Future Retail (FRL) on March 10, the company said in a stock exchange filing.

The letter was received by the by resolution professional through e-mail on Tuesday.

Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd., according to people familiar with the matter.

A veteran of two decades at the Swiss bank, Mishra has agreed to helm Axis Bank’s research department, the people said, asking not to be named as the information is private.

Pakistan's former Prime Minister and Pakistan Tehreek-e-Insaf chairman Imran Khan accused the federal government of planning his arrest saying this is all part of a "London plan" to finish all cases against the country's former premier Nawaz Sharif.

In a video message, Imran said, "This is part of the London plan and an agreement has been signed there to put Imran in jail, make the PTI fall and finish all cases against Nawaz Sharif."

In a "World Air Quality" report, India was ranked the world's eighth most polluted country in 2022. The report has been prepared by a Swiss firm, IQAir and was released on March 15. Notably, India's ranking has dropped from fifth last year. According to the data available in the report, the PM2.5 level in most polluted Indian cities was 53.3.

Bhiwadi, located on the outskirts of Delhi, was ranked among the two most polluted cities in the world. Delhi followed it closely behind. According to a report by Mint, pollution levels in the two cities were 92.7 and 92.6, respectively.

Construction of national highways reached its highest in February, when the Centre developed 42.03 kilometres of highways per day, according to Ministry of Road Transport and Highways' (MoRTH) data. However, this number was over 7 per cent lower than the same period last year, when 1361 km were constructed.

So far, the Centre has constructed 8064 kms of highways this fiscal. This figure comes as the fiscal year nears its end, with MoRTH needing approximately 4,000 kms of development to meet its FY23 target, which is widely understood as unrealistic.

A venture capital (VC) fund managed by Elara Capital, Elara India Opportunities Fund (Elara IOF), is a promoter entity with the Adani Group in Bengaluru-based defence company Alpha Design Technologies Pvt Ltd (ADTPL), as reported by the Indian Express (IE). ADTPL works closely with ISRO and DRDO. It also has a Rs 590 crore contract with the Union Ministry of Defence to upgrade Pechora missile and radar systems.

Adani and Elara jointly own a 51.65 per cent stake in ADTPL.

The Enforcement Directorate (ED) on Tuesday said that they have arrested four persons in a case related to "diversion and misutilisation of funds worth crores of rupees" of the Andhra Pradesh government disbursed for implementation of the 'Siemens Project'.

Through the 'Siemens Project', the Andhra Pradesh government aimed to provide advanced software and technical skills to the youth.

India slammed Pakistan on Monday at the 146th Inter-Parliamentary Union (IPU) Assembly in Bahrain.

During its address at the Assembly, the Pakistan representative referred to Kashmir in its habitual manner. India through a Right to Reply (RoR) slammed Pakistan at the IPU terming it an "exporter of terrorists" and reiterating that Pakistan has no locus standi on Jammu and Kashmir and Ladakh.

Hitting out at Congress leader Rahul Gandhi over his remarks during his London visit, Assam Chief Minister Himanta Biswa Sarma on Monday said while he abused Indian Parliament on foreign soil, Prime Minister Narendra Modi praises his motherland wherever he goes.

Speaking at a 'Vijay Sankalp' rally at Gangavathi in the Koppal area of poll-bound Karnataka on Sunday, the Assam CM said, "PM Modi is working for the development of Karnataka and the rest of the country. When he travels to London or America, he praises our country. But when Rahul Gandhi visited London, he abused our Parliament."

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