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Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter
Xiaomi's Rs 5,551 seizure by ED upheld by India's top forex authority

Xiaomi's Rs 5,551 seizure by ED upheld by India's top forex authority

Oct 01, 2022, at 03:09 am

New Delhi: The seizure of Chinese phone maker Xiaomi's Rs 5,551 crore by the Enforcement Directorate (ED) for remitting money overseas as royalty has been confirmed by India's foreign exchange authority.

ED attaches Rs 5,551 cr of Chinese smartphone giant Xiaomi for forex violations

ED attaches Rs 5,551 cr of Chinese smartphone giant Xiaomi for forex violations

May 01, 2022, at 12:52 am

New Delhi: The Enforcement Directorate (ED) has seized Rs 5,551.27 crore of  Xiaomi Technology India Pvt Ltd - a 'wholly-owned subsidiary of China-based Xiaomi group' under the provisions of the Foreign Exchange  Management Act (FEMA), 1999.