Tag: Xiaomis

Xiaomi’s 5,551 Crores Seizure, India’s Biggest, Okayed By Forex Authority

Xiaomi’s 5,551 Crores Seizure, India’s Biggest, Okayed By Forex Authority

The ED said Xiaomi India sent funds abroad "in guise of royalty", which violated FEMANew Delhi: India's foreign exchange authority has confirmed the s [...]
ED seizes Xiaomi’s assets worth Rs 5,551 cr over ‘forex violations’

ED seizes Xiaomi’s assets worth Rs 5,551 cr over ‘forex violations’

The Enforcement Directorate (ED) has seized assets worth Rs 5,551 crore from Chinese c [...]
Xiaomi’s Rs 5,551 Crore Assets Seized Over Forex Violations: Probe Agency

Xiaomi’s Rs 5,551 Crore Assets Seized Over Forex Violations: Probe Agency

Xiaomi India is a trader and distributor of mobile phones in India under the brand name MI.New Delhi: The probe agency Directorate of Enforcement (ED) [...]
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