Micromax may invest Rs 2,000 crore in manufacturing in next 5-year

Micromax may invest Rs 2,000 crore in manufacturing in next 5-year

 Micromax, country's second-largest handset maker is likely to invest around Rs 2,000 crore in the next five years in manufacturing and new product lines, its co-founder Rajesh Agarwal said on Thursday.

Micromax co-founder Agarwal "steps down from duties"

Micromax co-founder Rajesh Agarwal, who has been arrested by CBI in a bribery case, has "stepped down from his duties", the domestic mobile phone maker said Thursday.

Micromax promoter, six others sent to 7 days police custody in bribery case

During the hearing, CBI sought seven days police custody of the accused to find out how many other government officials or persons were involved in the case.

Micromax foray into TV segment; eyes Rs 225 cr revenue in FY13

Mobile handset maker Micromax Tuesday announced its foray into the television segment with the launch of a range of LED TVs priced between Rs 15,990 and Rs 1,29,990.