ED seizes Rs 5,551 crore deposits of smartphone giant Xiaomi India for FEMA violation
Xiaomi started its operations in India in 2014 and started remitting the money from the next year, it said.
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ED seizes Rs 5,551 crore deposits of smartphone giant Xiaomi India for FEMA violation
Zee News
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The agency, which investigates financial crimes, found the company in violation of the Foreign Exchange Management Act.
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