Featured Latest news

India Recommends Probe Into Xiaomi

By Uniquetimesorg September 9, 2026 0

India’s Serious Fraud Investigation Office (SFIO) has recommended a detailed investigation into Xiaomi’s business operations in the country over alleged irregularities involving its business model and compliance with foreign investment rules. The proposal is awaiting approval from the Ministry of Corporate Affairs. The investigation would examine the movement of funds, Continue Reading

Featured Latest News

Xiaomi Challenges India Over Royalty Taxes

By Uniquetimesorg February 25, 2026 0

Xiaomi has challenged an Indian tax ruling that alleged the company evaded $72 million in tariffs on royalty payments, marking a key test of India’s contract manufacturing legal framework. The dispute centers on royalties paid to foreign firms like Qualcomm for technology used in imported components. Xiaomi contends that the tribunal erred by classifying it […]Continue Reading

Business Featured Latest News

ED Probes Amazon, Flipkart; Seeks Online Sales Data from Apple, Xiaomi

By Uniquetimesorg April 29, 2025 0

India’s Enforcement Directorate (ED) has initiated a fresh probe into alleged violations by e-commerce giants Amazon and Walmart-owned Flipkart, requesting online sales data and contractual details from smartphone companies including Apple and Xiaomi. Sources familiar with the matter revealed that the investigation, which centers around compliance with Indian foreign Continue Reading

Featured Latest news National

India Seeks To Ban Chinese Phones Cheaper Than ₹ 12,000

By uniquetimes August 8, 2022 0

In an effort to revive its flagging domestic sector, India wants to prohibit Chinese smartphone manufacturers from selling products for less than 12,000 rupees ($150). This could hurt companies like Xiaomi Corp. According to those with knowledge of the situation, the initiative aims to drive Chinese companies out of the second-largest mobile market worldwide’s lower Continue Reading

Business Featured Latest News National

The Indian agency denies pressuring Xiaomi officials to make a statement

By uniquetimes May 7, 2022 0

The Enforcement Directorate today denied allegations made by Xiaomi India that it was forced to give statements in an alleged illegal remittances case by the probe agency. “The allegations that the statement of Xiaomi India officials was taken under duress by the Enforcement Directorate (ED) are false and without merit. On several occasions, Xiaomi India […]Continue Reading