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OPPO TAX RAID
Zomato stock tanks 11% as lock-in expires; Honor pulls India teamOn Monday, Zomato’s shares plunged more than 11%, dragging its market cap below its last private valuation.25 Jul, 2022, 07.07 PM IST- Chinese smartphone giant Honor pulls out team from India: ReportHonor’s India business to be managed by local partners amid tightening scrutiny of Chinese smartphone makers25 Jul, 2022, 01.03 PM IST
- Meet BBK Electronics, the Chinese giant behind Oppo, Vivo, OnePlus and moreThe little-known BBK Electronics is among the world's largest smartphone manufacturers, data from Canalys shows.13 Jul, 2022, 09.49 PM IST
- Oppo dodged Rs 4,389 crore tax, says govt; Ola Electric invests $100M to make its own batteriesEarlier today, the Ministry of Finance said officials from the Directorate of Revenue Intelligence conducted searches at Oppo India and fou...13 Jul, 2022, 07.13 PM IST
- ED raids disrupts business, hurts environment for foreign investors: Chinese embassyThe ED on Tuesday had raided 44 locations of Chinese smartphone manufacturer Vivo and enterprises linked to it, as part of a PMLA (preventi...06 Jul, 2022, 11.29 PM IST
- Upstart China smartphone maker cracks notoriously tough IndiaThe move paid off, boosting the four-year-old newcomer’s sales and helping it reach the No. 3 position in the fast-growing market with abou...20 Jun, 2022, 10.45 AM IST
- Tech giants accuse Indian authorities of ignorance in Xiaomi spatIndia’s anti-money-laundering agency is accusing Xiaomi of moving money out of the country by falsely claiming it was for patent-fee paymen...31 May, 2022, 07.52 PM IST
- Where did the poster boy go? The curious case of Xiaomi's Manu Kumar JainManu Jain, an alumnus of IIM-Calcutta and IIT-Delhi, was not only the Indian face of Xiaomi, he tried his best, after the geopolitical tens...25 Apr, 2022, 09.52 AM IST
- ED summons execs of Xiaomi, OnePlus over 'forex violations'In the case of Xiaomi, the ED is probing alleged foreign remittances of more than ₹1,000 crore, said people in the know. These remittances ...14 Apr, 2022, 12.26 AM IST
- Huawei's offices searched by taxmen in Delhi, Gurugram, BengaluruDuring the search, taxmen reportedly took a look at various company documents related to financial dealings. Theh company's senior India ma...16 Feb, 2022, 10.35 PM IST
- Changes in labour rules, PLI on cards for electronics pushThe government is also likely to make changes to the production-linked incentives (PLI) scheme for IT hardware in the next three months to ...25 Jan, 2022, 08.59 AM IST
- Oppo, Xiaomi can be fined Rs 1,000 crore for non disclosure of related party transactions : I-T departmentSmartphone makers Xiaomi and Oppo can be fined Rs 1,000 crore for violating the law pertaining to non-disclosure of related party transacti...31 Dec, 2021, 08.34 PM IST
- Chinese chambers in India urge Centre to change 'tax probe practice' after IT searchesEarlier in August, a Chinese government-controlled telecom vendor, ZTE was searched. Searches were conducted at a total of five premises of...26 Dec, 2021, 06.20 PM IST
- Taxmen raid Oppo, Xiaomi, Rising Star, Dixon officesMore than 20 premises in the National Capital Region, Mumbai, Rajkot and Karnataka linked to Oppo and Xiaomi were searched by the tax depar...23 Dec, 2021, 09.49 AM IST
- China threat in mind, government plans regulation to prevent handset snoopingThe government is compiling a list of trusted sources and trusted companies for telecom equipment and networking products to check alleged ...18 Oct, 2021, 12.44 PM IST
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