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The payment of royalties was nothing more than a means of sending money out of India therefore it is "blatant" violation of FEMA requirements

Xiaomi India CFO, former MD, 3 foreign banks get ED notice over FEMA ‘violation’...

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ED's action on Xiaomi India over FEMA violation The Enforcement Directorate (ED) has said that it has issued a show-cause notice to Xiaomi India, its...
ED had issued the order of seizure on April 29 under the FEMA and later sent it for approval of the competent authority

FEMA authority approves India’s biggest fund seizure order – Rs.5551 crore of Chinese firm...

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Big win for ED in seizure order case against Chinese firm Xiaomi In a big win for the Enforcement Directorate (ED), the competent authority under...
The allegations that the statement of the officials of Xiaomi India was taken under coercion by ED is untrue and baseless, said ED in statement

ED’s probe on Xiaomi: China calls for a fair & non-discriminatory environment for its...

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ED denies Xiaomi's 'coercion' allegation as 'untrue and baseless' Expressing displeasure, China on Monday expressed hope that India will provide a "fair, just and non-discriminatory...
Under the cover of various unrelated documentaries created amongst the group entities, the company remitted this amount in the guise of royalty abroad which constitutes a violation of FEMA

ED seizes Rs.5,551 crore of Chinese mobile phone manufacturer Xiaomi for forex violations in...

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Such huge amounts in the name of royalties? Enforcement Directorate (ED) on Saturday seized Rs.5,551.27 crore belonging to Chinese mobile phone manufacturer Xiaomi Technology India...
Xiaomi maintained its lead in India’s third quarter (Q3) this year, shipping 11.2 Million units for a 24% share

Chinese brand Xiaomi top smartphone brand in India market for 16 consecutive quarters

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Xiaomi continues to top Indian smartphone market Chinese smartphone brand Xiaomi successfully maintained its no.1 rank in smartphone shipments in India for 16 consecutive quarters,...
The overall mobile market shipments recorded growth of 29 percent YoY

India’s smartphone market rises 19% in Q4 2023, 5G share up 65%

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Xiaomi lead smartphone market in India for all of 2023: Report India's smartphone market grew 19 percent (year-on-year) in the holiday quarter (Q4) of 2023,...
5G tablet shipments grew 86 percent year-on-year (YoY) in Q3, accounting for 16 percent of overall tablet shipments

India’s tablet market sees a rise of 41% on-quarter, 5G shipments up 86% YoY

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Apple led with 26% market share, experiencing a 20% YoY growth, followed by Samsung and Lenovo India’s tablet market grew 41 percent quarter-on-quarter (QoQ) growth...
The Minister was replying to a question on the number of Chinese handset companies which have evaded taxes and made illegal remittances in India

Chinese mobile companies evade Rs.9,000 crore in tax in India, Rs.1,629 crore recovered

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Chinese mobile companies like Oppo, Vivo, Xiaomi found evading tax worth Rs.9,000 crore in India Chinese smartphone makers, including Oppo Mobile, Vivo India, and Xiaomi...
ED had seized the amount from the company's account and this was upheld by the Competent Authority. Xiaomi had challenged the Competent Authority's order in the HC

Karnataka High Court rejects Chinese firm Xiaomi’s plea challenging ED

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Karnataka HC upholds seizure of Rs.5,551.27 cr from Xiaomi for FEMA violation In a major blow to Xiaomi India, Karnataka High Court has rejected the...
Indian government is planning new rules to fight pre-installed apps

India to crack down on pre-installed apps under new smartphone security rules

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Can't remove your pre-installed apps? India is taking action Smartphone brands in India may soon be forced to provide an option to let users delete...
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