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The payment of royalties was nothing more than a means of sending money out of India therefore it is
Fraud

Xiaomi India CFO, former MD, 3 foreign banks get ED notice...

PGurus Newsdesk - 0
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...
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
Law and Order

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

Team PGurus - 1
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...

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