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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 …
2 mins read
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…
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…
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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…
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…
2 mins read
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…
2 mins read
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
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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Chinese smartphone maker Huawei comes under the IT department’s scanner over tax evasion
Chinese smartphone maker Huawei is the latest company to come under the scanner of Indian agencies.…
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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…
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…
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…
3 mins read
Oppo comes under DRI scanner for alleged customs duty evasion of ₹4,389 crore
Oppo has reportedly come under the scanner of the Directorate of Revenue Intelligence (DRI). The DR…
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…