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China's Xiaomi says will protect business interests after assets frozen in India - Vimarsana News

China's Xiaomi says will protect business interests after assets frozen in India

MUMBAI (Reuters) - Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its asset...

Xiaomi India Paid Rs 4,663 Cr To Qualcomm As Royalty Remittance - Vimarsana News

Xiaomi India Paid Rs 4,663 Cr To Qualcomm As Royalty Remittance

New Delhi, May 16 (IANS) After the Enforcement Directorate (ED) seized nearly Rs 5,551.3 crore from Xiaomi India under Foreign Exchange Management Act (FEMA)

Xiaomi India paid Rs 4,663 cr to Qualcomm as royalty remittance - Vimarsana News

Xiaomi India paid Rs 4,663 cr to Qualcomm as royalty remittance

After the Enforcement Directorate (ED) seized nearly Rs 5,551.3 crore from Xiaomi India under Foreign Exchange Management Act (FEMA) for illegal remittances to foreign entities, reliable sources said on Monday that about 84 per cent of the ...