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Tech News
Razorpay Says No Funds Frozen by ED Following Raids, All Operations Adhere to Regulatory Guidelines
Payments solution provider Razorpay, which was raided by the Enforcement Directorate recently, in a statement said that it has cooperated…
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Tech News
Razorpay Says No Funds Frozen by ED Following Raids, All Operations Adhere to Regulatory Guidelines
Payments solution provider Razorpay, which was raided by the Enforcement Directorate recently, in a statement said that it has cooperated…
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Tech News
Xiaomi India Dismisses Speculation on India Operations Being Moved to Pakistan as ‘False and Baseless’
Xiaomi on Friday dismissed speculation that the company might move its operations from India to Pakistan. The company responded to…
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Tech News
Xiaomi’s Appeal for Relief Over $676 Million Asset Freeze Declined by Karnataka High Court
An Indian court on Thursday declined to lift a freeze on Xiaomi’s $676 million (nearly Rs. 5,500 crore) worth of…
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Tech News
Enforcement Directorate Begins Money Laundering Probe Into ‘Keepsharer’ Chinese App That Duped Youth
The ED has initiated a probe against a Chinese “controlled” mobile app that allegedly duped a number of youngsters in…
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Tech News
ED Freezes Rs. 5.5 Crore Account Balance in Mobile Gaming Application Fraud
The Directorate of Enforcement (ED) on Monday said it has carried out a search operation and freezed account balance of…
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Tech News
WazirX Lays Off 40 Percent Workforce to Deal With Crypto Winter
Indian exchange WazirX laid off 40 percent of its total workforce, the company said in a statement. The company said…
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Tech News
Xiaomi Feels Disappointed by ED Order to Seize Assets, Says Will Continue to Protect Reputation
Chinese smartphone maker Xiaomi on Sunday said it was “disappointed” with an Indian order that froze $682 million (nearly Rs.…
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Tech News
ED Seizes Rs. 5,551 Crore Worth of Deposits of Xiaomi India Under FEMA
The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of over Rs. 5,551…
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Tech News
ED Freezes Bitcoins Worth Over Rs. 12 Crore From Gaming Platform E-Nuggets
The Directorate of Enforcement (ED) has frozen Bitcoins equivalent to worth Rs. 12.83 crore under the provisions of the Prevention…
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Tech News
ED Freezes Funds Worth Rs. 46.67 Crore Kept in Payment Gateways Easebuzz, Razorpay, Cashfree, and Paytm: Report
The Enforcement Directorate (ED) has reportedly conducted raids against Chinese-controlled loan apps and investment tokens and frozen funds worth Rs.…
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