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XIAOMI ROYALTY CASE
Xiaomi challenges India taxman in SC over tariffs on royaltiesXiaomi contests a significant Indian tax demand on royalty payments. The company argues the ruling misinterprets contract manufacturing pra...
ED issues show-cause notice to Xiaomi India top officials, 3 banksThe adjudicating authority under the Foreign Exchange Management Act has issued show-cause notices to Xiaomi Technology India Private Limit...
Court relief for Xiaomi India, frees Rs 3,700 cr FDs, sets conditions“The impugned provisional attachment order at Annexure-A dated 11.08.2022 passed by the 1st respondent in respect of the subject fixed depo...
Phone companies may rework royalty pacts to avoid probe, say expertsThey say the Enforcement Directorate's investigation into Xiaomi India's royalty payments has larger implications for overseas companies in...
India claims Xiaomi misled Deutsche Bank on illegal payment of royalties for yearsAs per legal documents, Indian investigators have alleged Chinese smartphone maker Xiaomi Corp's India unit misled its banker Deutsche Bank...
Xiaomi approaches Karnataka High Court again over seizure of assetsThe ED had earlier this year ordered the seizure of Rs 5,551.27 crore in the accounts of Xiaomi for allegedly violating FEMA rules and tran...
Xiaomi India moves HC against seizure of over ₹5,500-cr assetsXiaomi India will also approach the appellate tribunal empowered under FEMA, challenging the competent authority's confirmation of the ED o...
India probes may adversely affect operating results or cash flows: XiaomiChinese smartphone maker Xiaomi on Friday said the ongoing investigations and allegations in India could take a long period of time to sett...
HC backs ED, says Xiaomi FEMA case to be decided by ‘competent authority’The single bench judge of Justice SG Pandit accepted the contention of the additional solicitor general representing ED. The ED counsel sai...
Industry calls out ED over action against smartphone brands on 'legitimate' royalty paymentsIndia Cellular and Electronics Association (ICEA), in a letter to FM Nirmala Sitharaman, commerce minister Piyush Goyal and IT minister Ash...
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...
India tax authority froze $478 million of Xiaomi funds in February: Sources, documentThe fund freeze by tax authorities, being reported for the first time by Reuters, comes on top of another legal tussle Chinese smartphone g...
EXPLAINER-China's Xiaomi battles probes in key India marketXiaomi denies wrongdoing. But it recently hit the headlines with accusations that its executives faced intimidation from Indian enforcement...
Karnataka HC lifts block on $725 mn of Xiaomi's assets in royalty caseThe Enforcement Directorate last week seized the bank assets of Xiaomi Technology India Private Limited, saying it had found the company il...
Xiaomi weighs options against ED moveLegal experts say the Chinese smartphone maker has few options. For one, it can always appeal but that can only happen once the chargesheet...
ED seizes Rs 5,500 crore of Xiaomi in FEMA caseCompany being probed over alleged illegal royalty payments made to three foreign entities. Smartphone maker denies any wrongdoing, assures ...
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 ...
Covid pandemic could trigger “reverse royalty” for several multinationalsMost multinationals that operate in India and pay royalty, for using intellectual property or brand name of the foreign entity, are now rea...
Coolpad open to taking Xiaomi to court in IndiaAs we saw in the Ericsson-Xiaomi case, we feel that India is a good ground for protecting patents,” Zhang said when asked whether the compa...
Patent issue won't affect our product launches: Xiaomi India head Manu JainWhen asked whether lawsuits on patents would become a larger issue in the future, Manu Jain said the entire industry is facing such problem...