Bribes as high as 16 million euros may have been routed to one of India's most powerful political families to swing the nowscrapped AgustaWestland luxury helicopter deal during UPA rule.

Touting a dual camera at the rear, it is not the same 'Phab 2Pro', the first Google Project Tango enabled smartphone, yet comes with theAugmented Reality mode in its camera app.

Xiaomi is still focusing on its hugenative market, China which also happens to be one of the biggest smartphone market inthe world.

The ecommerce giant made a comeback with its secondphase of Diwali sale.

Xiaomi's Diwali sale begins today and the company will be offering a few day-specific discounts throughout the three day sale.

The sale will take place on October 17-19. The offers on 'Diwali with Mi' sale will apply on on Mi.com/in and the Mi Store App.

The worlds fifth biggest smartphone manufacturer, Xiaomi hasannounced that they have managed to sell half a million devices within 72hours.

The Galaxy J7 Prime will pit against the likes of Xiaomi RedmiNote 3 and Moto G4 Plus in the mid-range segment.

Chinese smartphone giant, Xiaomi, has announced a price cut of Rs 2,000 for its flagship Mi5 smartphone.

The Redmi Note 3 was undoubtedly the best smartphone at the Rs 9,999 price point. Xiaomi has now launched a younger sibling of the Note 3, the Redmi 3s Prime, addressing the needs of the sub-Rs 8,999 price range.

The launch of Mi 4i last year in May once again created the magic for it being a beautiful piece of hardware with great camera. The company also launched its fitness band, Mi Fit.

Today, we have our own economic version of MI, thanks to Prime Minister Narendra Bhai (Modi),\" said Ambani, who himself is a film aficionado while his Reliance Group is also associated with movie business.

Redmi Note Prime will be available exclusively on Amazon India starting Tuesday, 10 am onwards.

The Mi Protect is a service available for Xiaomi devices that can be purchased from mi.com.

To participate, one will have to sign in to Mi.com. Then the user will have to share a post on Twitter or Facebook to book the seat. Channels will close 2 hours before each flash sale.

The first 'Made in India' smartphone priced at Rs 6,999 will intensify competition in the category of phones that cost less than Rs 10,000. It will compete against these recently launched four devices.

The smartphone is special because this is the first smartphone assembled in the firm's first Indian plant in Sricity, Andhra Pradesh.

Foxconn Chairman and CEO Terry Gou, on his second visit to India in 45 days, said his company was \"very keen to invest\" in the country and is in talks to strike partnership with local companies.

Samsung is forced to slash prices and accept lower margins at its mobile division in order to see off competition from rivals.

Though there is not a single business news story which can be termed less important, here are five developments that you must know today.