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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…
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
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,…
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…
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…
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
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…
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…
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
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
China unhappy with Vivo raids, says frequent probes 'chill' investor confidence
"The Chinese government has always asked Chinese companies to comply with local laws and regulation…
3 mins read
India's crackdown on Chinese firms, apps getting 'increasingly unhinged', as per China's Global Times
The Indian government this week banned 54 Chinese mobile applications, which are posing threat t…
2 mins read
Xiaomi warns users about fake headphones – Here's how to identify when you're being duped
Other tips that will help you identify a fake Xiaomi product: With inputs from PTI …
1 min read
HP has confiscated over $10 million worth counterfeit cartridges in India this year— and that involved 170 raids and 144 arrests
HP has revealed that over the past year, law enforcement authorities conducted over 170 raids …
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
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
IIT Kanpur gets 49 offers above ₹1 crore
"In the first eight days, the institute received 47 international offers. This is a big jump of …
2 mins read
RBL Bank depositors need not worry, assures RBI
“The Reserve Bank would like to state that the bank is well capitalised and the financial positi…