 |  |  |  |  |
India seizes $725 million from Xiaomi
| |||||||||
|
India seizes $725 million from Xiaomi
| | |||||||
 |
 |
| | Thread Tools |
1st May 2022, 06:55
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  India seizes $725 million from Xiaomi India has seized assets worth approximately $725 million from Xiaomi India after the country’s anti-money laundering agency found the subsidiary had broken local foreign exchange laws. According to Reuters, India’s Enforcement Directorate announced Saturday it recently determined Xiaomi had made illegal remittances when it attempted to pass off some transfers as royalty payments. https://www.engadget.com/india-seize...9.html?src=rss |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Samsung's new Galaxy M phones will do battle with Xiaomi in India | Stefan Mileschin | WebNews | 0 | 29th January 2019 08:03 |
| Xiaomi Announces the Redmi Note 4 in India | Stefan Mileschin | WebNews | 0 | 28th January 2017 16:55 |
| Xiaomi Mi 5 Price Slashed in India, Now Available at Rs.22,999 | Stefan Mileschin | WebNews | 0 | 24th August 2016 10:41 |
| Xiaomi Redmi 3s India launch expected next week | Stefan Mileschin | WebNews | 0 | 1st August 2016 09:40 |
| Xiaomi Mi Max set to launch in India on June 30 | Stefan Mileschin | WebNews | 0 | 20th June 2016 07:10 |
| Xiaomi Mi 5 will go on sale in India next week for Rs.24999 | Stefan Mileschin | WebNews | 0 | 1st April 2016 18:21 |
| Xiaomi Redmi Note 2 Prime launching in India soon | Stefan Mileschin | WebNews | 0 | 14th December 2015 07:50 |
| Xiaomi thinks its next big opportunity lies in India | Stefan Mileschin | WebNews | 0 | 11th August 2015 15:35 |
| Xiaomi banned in India | Stefan Mileschin | WebNews | 0 | 12th December 2014 07:17 |
| Xiaomi faces ban in India for patent infringements | Stefan Mileschin | WebNews | 0 | 11th December 2014 10:14 |
| Thread Tools | |
| |
