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Tech News
ED Reportedly Asks Court to Re-Instate Freeze on Xiaomi’s Bank Assets Worth $725 Million
India’s financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million (roughly Rs. 5,624…
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Tech News
India Should Stop ‘Regulatory Assault’ on Chinese Firms, Chinese State Media Says After Xiaomi Accusations
India should stop its “regulatory assault” on Chinese companies, state-backed Chinese newspaper Global Times said, after smartphone maker Xiaomi alleged…
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Tech News
Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says
The Enforcement Directorate on Saturday rejected as “baseless” the allegations that the statements of Xiaomi India officials, the wholly-owned subsidiary…
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Tech News
Xiaomi Accuses Enforcement Directorate of ‘Physical Violence’ Threats During Probe
Chinese smartphone maker Xiaomi has alleged its top executives faced threats of “physical violence” and coercion during questioning by India’s…
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Tech News
ED’s Seizure of Xiaomi India Assets Worth $725 Million Said to Be Put on Hold by Indian Court
An Indian court has put on hold a federal enforcement agency’s decision to seize $725 million (roughly Rs. 5,570 crore)…
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Tech News
ED Seizes Rs. 5,551 Crore of Xiaomi India in Alleged Foreign Exchange Violation Case
Funds worth over Rs 5,551 crore of Chinese mobile manufacturing company Xiaomi India have been “seized” for violating the Indian…
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Tech News
Xiaomi Global Vice President Manu Kumar Jain Said to Be Summoned by ED in Probe on Firm’s Business Practices
The Enforcement Directorate (ED) has summoned a former India head of China’s Xiaomi Corporation in an investigation of whether the company’s…
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