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2 mins read
ED undertakes first-ever searches in Ladakh in crypto fraud case
The money laundering case stems from a March 2020 FIR registered in Leh and some other complai…
PTI
2 mins read
Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case
Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…
PTI
2 mins read
K'taka HC rejects plea by Chinese firm Xiaomi challenging ED
Karnataka High Court has rejected Chinese firm Xiaomi's plea against the seizure of Rs 5,551.27 cro…
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Xiaomi says it is disappointed after ₹5,551.27 crore seizure order is upheld, claims the remittances are legitimate
In a major setback to Chinese smartphone maker Xiaomi, an appellate authority upheld the Enforcemen…
3 mins read
Finance Minister Nirmala Sitharaman reveals government is investigating multiple Chinese smartphone makers for tax evasion
Chinese smartphone makers occupy a huge share of the Indian market, and companies like Xiaomi, Oppo…
1 min read
After Xiaomi, Vivo comes under the Enforcement Directorate’s scanner
In a major crackdown on Chinese smartphone makers, India’s financial watchdog Enforcement Directora…
2 mins read
EXCLUSIVE: 84% of the ₹5,551.27 crore of the alleged illegal remittance by Xiaomi India were to the Qualcomm Group
The ED claimed that Xiaomi India had illegally remitted ₹5,551.27 crore in February 2022. The am…
2 mins read
China wants India to treat Chinese companies fairly as Xiaomi claims ED threatened its executives of physical violence
Earlier this month, the ED had said that it had seized ₹5,551.27 crore from Xiaomi India for all…
2 mins read
Karnataka High Court allows Xiaomi to take overdraft for payments, restricts royalty payment
Vacation Judge Justice S. Sunil Dutt Yadav on Thursday also extended the interim order till May …
1 min read
Vivo ED raids: Two Chinese directors of a related company flee
As the Enforcement Directorate (ED) continued searches at the premises of Chinese companies, includ…
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Xiaomi is worried that investigations in India might affect it cash flows, operating results
The company, which registered around 20 per cent drop in its global sales at $10.31 billion in t…
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Indian government is reportedly planning on restricting Xiaomi, Realme, Vivo and Oppo from the budget smartphone segment
In a blow to Chinese smartphone makers, the Indian government is reportedly planning on restricting…
2 mins read
Xiaomi’s Manu Kumar Jain has been reportedly summoned by the Enforcement Directorate
Xiaomi has once again come under the scanner in India and the company’s former India managing direc…
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Chinese state media says India's seizure of over ₹5,500 crore from Xiaomi could be seen as a crackdown on Chinese companies
Chinese smartphone maker Xiaomi has come under intense regulatory pressure in the Indian market,…
2 mins read
Xiaomi announces leadership changes amid investigations in India — Alvin Tse will lead the Indian team
Since Jain stepped down, the company has been working under the trio of Muralikrishnan B, the ch…
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Vivo reportedly transferred nearly $8 billion to its parent company in China
"The agency is investigating why Vivo India declared profit as expenditure in its balance shee…
3 mins read
Vivo's offices caught with 2 kilo gold bars after sending ₹62,000 crore back to China – all you need to know on the ED probe
Chinese smartphone maker Vivo is currently in hot waters with the Enforcement Directorate (ED) in I…
2 mins read
Income Tax department reportedly raids Xiaomi, Oppo and OnePlus offices in India
The report added that the raids at the distribution partners of Oppo began on Tuesday. “Di…
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Google suspends Xiaomi integration with its home products after a user reported seeing footage from random people's homes, including a sleeping baby
A Reddit user, /r/Dio-V, reported that they saw the images after attempting to stream content from …
Charlie Wood
6 mins read
Chinese smartphones continue to lead the market share despite crackdown by the Indian government
Chinese smartphone makers like Xiaomi, Vivo and Oppo have come under the scanner of Indian agencies…