yes, susant they replace the handset, you have to do is that, complain about the problem to the flipkart by calling or send a
e-mail, they will ask you to take a hardware test, if you already did the test told them, I did Everything but the phone problem is not solve, then they told that the guy who delivered the phone to you will pick up the phone from you but the BOX, CHARGER, USB CORD, and the PHONE and the other things in the box packed as they deliverd is necessary. he will check the phone then, after that they dispatch the new handset to your address as a replacement. but remember they accepted the application with in a month of purchase, after that they told contact service centre of the xiaomi.