Vivo Archives - PGurus

The ED arrested the MD of Lava International, a Chinese national, a Chartered Accountant and another person as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo

Money Laundering

ED arrests four persons in money laundering case against Chinese phone...

Team PGurus - October 10, 2023 0

ED arrests Lava International MD, Chinese national, and two others in Vivo PMLA case The Enforcement Directorate (ED) on Tuesday arrested four persons including the...

In the first 11 months of 2022, sales were down 23.6 percent compared to the same period in the previous year

International/ World news

China faces supply chain disruptions, weak consumer demand amid Covid surge;...

PGurus Newsdesk - January 9, 2023 1

'Tough situation' for smartphones, not expected to recover till 2024, IDC analyst says Facing supply chain disruptions and weak consumer demand amid the Covid surge,...

The DRI said in its statement that it detected that Oppo Mobiles India Private Ltd has evaded customs duty of around Rs.4,389 crore

Law and Order

DRI slaps Rs.4,389 cr notice on Oppo for import duty evasion;...

PGurus Newsdesk - July 13, 2022 1

After Vivo India now Oppo India in trouble The Directorate of Revenue Intelligence (DRI) has unearthed a whooping Rs.4389 core customs duty evasion by the...

On Wednesday the Delhi High Court allowed Chinese smartphone maker Vivo to operate its various bank accounts frozen by the Enforcement Directorate (ED) in connection with a money laundering probe

Law and Order

Delhi HC allows Vivo India to operate frozen bank accounts, asks...

PGurus Newsdesk - July 13, 2022 0

Delhi court gives Vivo 1 week time to furnish bank guarantee of Rs.950 crores On Wednesday the Delhi High Court allowed Chinese smartphone maker Vivo to...

Vivo remitted Rs.62,476 crore principally to China to keep away from paying taxes in India, claims ED

Law and Order

Vivo remitted Rs.62,476 crore (50% of turnover) to China to avoid...

Team PGurus - July 7, 2022 1

How did Vivo India cheat? Fraud by sending 50% turnover to China The Enforcement Directorate (ED) found that the Indian arm of Chinese smartphone maker...

The financial watchdog is reportedly investigating violations of the Prevention of Money Laundering Act

Law and Order

ED raids Chinese smartphone maker and ex-IPL cricket sponsor Vivo &...

Team PGurus - July 5, 2022 0

After Xiaomi, Vivo comes under the ED’s scanner The Enforcement Directorate (ED) on Tuesday conducted a massive raid at more than 44 places across the...