ED Said to be Quizzing Apple, Xiaomi in Amazon, Flipkart Probe
India’s financial crime agency has privately sought sales data and other documents from smartphone players including Apple and Xiaomi as part of an investigation…
ED Teams Up with CoinDCX to Manage Custody of Seized Assets
CoinDCX announced its partnership with the Enforcement Directorate (ED) on Wednesday, March 5. With the partnership, CoinDCX will manage the…
Binance Claims It Helped ED Crack Fiewin Gaming Scam: All Details
India’s financial watchdog, the Enforcement Directorate (ED), recently cracked down on the Fiewin gaming scam that had drained $47.6 million…
Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation
Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from…
Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation
Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from…
Byju CEO Says Firm Complied With Forex Laws in Internal Memo After ED Raids
Indian education platform Byju’s CEO is confident that the country’s financial crime-fighting agency will find the company compliant after raids…
Karnataka HC Rejects Xiaomi’s Challenge to $676 Million Asset Freeze: Report
Karnataka High Court has rejected China-based Xiaomi’s petition challenging the seizure of $676.35 million (roughly Rs. 5,500 crore) by the…
Vivo’s Bank Account Freezing Matter to Be Heard by PMLA Appellate Tribunal
The Delhi High Court has asked Chinese smartphone maker Vivo to approach the PMLA Appellate Tribunal in relation to the…
Xiaomi India Misled Deutsche Bank on ‘Illegal’ Royalty Payments, ED Says
Indian investigators have alleged Chinese smartphone maker Xiaomi’s India unit misled its banker Deutsche Bank AG for years by claiming…
Razorpay Says Funds Not Frozen by ED, Firm Cooperating With Agency
Payments solution provider Razorpay, which was raided by the Enforcement Directorate recently, in a statement said that it has cooperated…