Sameerbs Rao News Today

Xiaomi accuses ED of 'physical violence' threats during probe: Report : Rashtra News #Xiaomi #accuses #physical #violence #threats #probe #Report New Delhi: Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of "physical violence" and coercion during questioning by India`s financial crime fighting agency, according to a court filing seen by Reuters.

An investigation carried out by India accused Chinese smartphone manufacturer Xiaomi Corp’s unit in India of misleading its banker Deutsche Bank. According to the probe report, the smartphone maker has been doing this for years by asserting that it had a deal for payment of royalties when in reality, there was nothing as such as per the legal documents.

‘To further strengthen the India leadership team, Anuj Sharma will join Xiaomi India as its chief marketing officer’

India's financial crime-fighting agency, the Enforcement Directorate, has been investigating Xiaomi since February.

According to a court filing made by the company, ED officials threatened Xiaomi executives with violence, arrest and more and coerced them into making "involuntary" statements .

Xiaomi has alleged its top executives faced threats of "physical violence" and coercion during questioning by India`s financial crime fighting agency. 

By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threats of "physical

Xiaomi Corp has alleged its top executives faced threats of 'physical violence' and coercion

Last week agencies had seized $725m from the company’s India bank accounts.

MUMBAI: India’s Tata Steel said three contract workers had been injured in a blast at one of its coke plant units in the eastern state of Jharkhand on Saturday. The unit was not operational and was undergoing a dismantling process, Tata, India’s largest steelmaker by revenue, said in a statement, adding that production has not been impacted. Tata did not say what had caused