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xiaomi india

Xiaomi India Slapped With Rs. 653-Crore Notice for Alleged Tax Evasion

by Maya Ortiz
Xiaomi India Slapped With Rs. 653-Crore Notice for Alleged Tax Evasion

Chinese smartphone maker Xiaomi evaded custom duty to the tune of Rs. 653 crore in India, Finance Ministry said on Wednesday. Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was …

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Redmi Note 11S India Launch Date Set for February 9, Quad Rear Cameras Confirmed

by Maya Ortiz
Redmi Note 11S India Launch Date Set for February 9, Quad Rear Cameras Confirmed

Redmi Note 11S India launch date is set for February 9, Xiaomi sub-brand Redmi announced on Monday. The new Redmi phone is also teased to have quad rear cameras. The …

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Xiaomi Said to Accuse Enforcement Directorate of ‘Physical Violence’ Threats During Probe

by Maya Ortiz
Xiaomi India Slapped With Rs. 653-Crore Notice for Alleged Tax Evasion

Chinese smartphone maker Xiaomi 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 …

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Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

by Maya Ortiz
Xiaomi’s Allegations of Coercion Baseless, Enforcement Directorate Says

The Enforcement Directorate on Saturday rejected as “baseless” the allegations that the statements of Xiaomi India officials, the wholly-owned subsidiary of Chinese mobile manufacturing company Xiaomi, were recorded “under coercion”, …

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Beijing Urges India to Treat Chinese Firms Fairly After Xiaomi Threat Claim

by Maya Ortiz
Beijing Urges India to Treat Chinese Firms Fairly After Xiaomi Threat Claim

China on Monday urged India to ensure Chinese companies operating in India were not discriminated against, after Xiaomi Corp said its executives there had faced threats of violence during questioning …

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Xiaomi Battles Legal Issues in India as ED, Tax Authorities Investigate Its Business Practices

by Maya Ortiz
Beijing Urges India to Treat Chinese Firms Fairly After Xiaomi Threat Claim

Chinese smartphone giant Xiaomi faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices. Xiaomi denies wrongdoing. But it recently hit the …

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ED Reportedly Asks Court to Re-Instate Freeze on Xiaomi’s Bank Assets Worth $725 Million

by Maya Ortiz
ED Reportedly Asks Court to Re-Instate Freeze on Xiaomi’s Bank Assets Worth 5 Million

India’s financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million (roughly Rs. 5,624 crore) in the Indian bank accounts of Xiaomi as it …

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Xiaomi Funds Worth $478 Million Said to Be Frozen by ED During Alleged Tax Evasion Investigation

by Maya Ortiz
Xiaomi Funds Worth 8 Million Said to Be Frozen by ED During Alleged Tax Evasion Investigation

Indian tax officials froze $478 million (roughly Rs. 3,699 crore) worth of deposits lying in local bank accounts of China’s Xiaomi in February as part of an investigation into alleged …

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Mi LED Smart Bulb Launched in India, Will Go Up for Crowdfunding on Friday

by Maya Ortiz
Mi LED Smart Bulb Launched in India, Will Go Up for Crowdfunding on Friday

Mi LED Smart Bulb has been launched in India, at Xiaomi’s New Delhi launch event for the Redmi Y3 and Redmi 7 on Wednesday. The smart bulb supports with both …

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Xiaomi India Elevates Muralikrishnan B to President, 1 Month After Leadership Rejig

by Maya Ortiz
Xiaomi India Elevates Muralikrishnan B to President, 1 Month After Leadership Rejig

Chinese smart device maker Xiaomi has promoted its chief operating officer Muralikrishnan B as president to head its India business. Muralikrishnan has been serving as the chief operating officer of …

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