Friday, May 6, 2022

ED's Seizure of Xiaomi India Assets Worth $725 Million Said to Be Put on Hold by Indian Court

An Indian court is said to have put on hold a federal enforcement agency's decision to seize $725 million from local bank accounts of China's Xiaomi for suspected violations of foreign exchange laws, according to sources.

from Gadgets 360 https://ift.tt/hW9ySKV

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...