Explained: Why ED seized Xiaomi's assets worth Rs 5,551 crore
Published
According to the Enforcement Directorate, Xiaomi India remitted foreign currency to three abroad-based companies as royalty.
Full ArticlePublished
According to the Enforcement Directorate, Xiaomi India remitted foreign currency to three abroad-based companies as royalty.
Full ArticleThe agency, which investigates financial crimes, found the company in violation of the Foreign Exchange Management Act.