LeEco

The lawsuits have been filed in Hong Kong court by Madison and Bombay court by Leo Burnett after LeEco failed to make payments for the period from January-December 2016

LeEco has witnessed several high-profile executive departures in the past year

LeEco CEO Jia Yueting admitted that the firm is facing a 'big company disease'

We are gearing up to launch its next generation television in the country, says LeEco

LeEco, best known for its smartphones and TVs, kicked off 2016 with an entrance into India

Apart from gold colour, the device is also available in rose gold and grey colours

Chinese technology conglomerate LeEco did not disclose the identity of the investor

The worst case scenario for LeEco is that on a broad scale investors are beginning to lose faith in the company

LeEco is jumping into a fiercely competitive US smartphone market with LePro 3 and its 'little brother' Le S3

Le Max 2 has been priced at Rs 17,999 and Le 2 will be available for Rs 10,499

Dual-SIM Le Pro3 with 4,070 mAh battery comes with 5.5-inch full-HD all-metal unibody

The company will give discounts and offers in partnership with companies like Uber and MakeMyTrip

At Rs 59,790, it is a fabulous offering at the price point for a big-screen TV

To give consumers a first-hand experience of these EcoTVs, LeEco is also organising a series of road-shows

Majority of these hires will be from tier I engineering colleges like the IITs and the NITs across the country

The company plans to hire from tier-I engineering colleges like the IITs and the NITs across the country

The television will be available from August 10 and will be sold through Flipkart and Lemall

Firm has already taken first steps by supplying phones to stores located in six cities

By the end of this year, the Chinese conglomerate plans to have 6,000-8,000 outlets across the country

Vizio's hardware and software units will be operated as a wholly owned subsidiary of LeEco