Xiaomi says 84% of Rs 5,551 crore seized by ED was royalty payment to QualcommThe ED, under the Foreign Exchange Management Act (FEMA), has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chin...
Enforcement Directorate's Rs 5,551.27 crore seizure order against Xiaomi confirmedThe authority held that the ED was right in holding that foreign exchange equivalent to ₹5,551.27 crore had been transferred out of India b...
FEMA authority confirms India's highest seizure order of Rs 5551.27 crore against XiaomiThe Authority, while confirming the seizure, held that the probe agency was right in holding the foreign exchange equivalent to Rs 5551.27 ...
Xiaomi India operates as a reseller and distributor of mobiles, no question of paying royalties: ED counsel to HCThe ED counsel's arguments surfaced on the judgement copy that was released by the single judge bench of Justice SG Pandit who disposed of ...
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...
Xiaomi India claims ED order does not satisfy provisions of FEMA act in CourtThe high court was hearing the writ petition filed by Xiaomi against the ED for passing an order seizing its bank assets worth over Rs 5,50...
HC extends stay on ED order seizing Xiaomi India assets till June 1ED had charged Xiaomi India for foreign exchange violations under the FEMA act, alleging the company remitted money to three companies outs...
ED's probe on Xiaomi: China calls for fair & non-discriminatory environment for its firms in India"China is closely following the situation," Chinese Foreign Ministry spokesman Zhao Lijian told a media briefing here, responding to a ques...
Chinese state media slams India's regulatory assault on XiaomiThe Enforcement Directorate (ED) has seized Rs 5,551.27 crore from Xiaomi Technology India Pvt Ltd, initiating action against the company f...
Xiaomi accuses ED of 'physical violence' threats during forex probe, agency calls charges baselessXiaomi has been under investigation since February and last week the Indian agency seized $725 million lying in the company's India bank ac...
Karnataka HC orders interim stay on ED order seizing Xiaomi India's assetsA single judge bench of Justice Hemant Chandangoudar issued an interim stay on the seizure, since Xiaomi India operates the accounts for ca...
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 seizes Rs 5,551 crore of Xiaomi India for alleged forex violationThe Directorate of Enforcement (ED) has seized Rs.5551.27 crore of Xiaomi Technology India Private Limited under the provisions of Foreign ...
ED seizes Rs 5,551 crore of Xiaomi India under FEMA for alleged forex violationThe Directorate of Enforcement (ED) has seized Rs 5551.27 crore from Xiaomi Technology India Private Limited, a wholly-owned subsidiary of ...
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 ...
Xiaomi global Vice President Manu Jain appears before Enforcement Directorate in FEMA caseThe federal probe agency, according to sources, is investigating the company and its executives under the provisions of the Foreign Exchang...