Mumbai / Bloomberg Xiaomi Corp. is leading a $25-million investment in India’s Hungama Digital Media Entertainment, an online provider of music and videos, as it seeks to lure more customers in the world’s fastest-growing smartphone market. “India is a fast-growing, strategic geography for us and it’s about time we established our services offerings here,” said Hugo Barra, Xiaomi’s vice president ...

New Delhi / Bloomberg Apple Inc.’s latest attempt to crack the Indian smartphone market — by selling used phones — is meeting a wall of resistance. The iPhone maker is seeking permission to become the first company allowed to import and sell used phones into the country, its second attempt in as many years. This time, the stakes are higher ...

Tokyo / Bloomberg Sharp Corp.’s shares rose after President Kozo Takahashi and Foxconn Technology Group’s Chairman Terry Gou formally signed a rescue deal over the weekend that gives the electronics maker a chance to recover from a long slump. The stock climbed 4 percent to close at 130 yen in Tokyo on Monday, while the Nikkei 225 Index was mostly ...