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India seizes

India seizes $725 Million from Xiaomi

India has seized assets worth approximately $725 million from Xiaomi India after the country’s anti-money laundering agency found the subsidiary had broken local foreign exchange laws. According to, India’s Enforcement Directorate announced Saturday it recently determined Xiaomi had made illegal remittances when it attempted to pass off some transfers as royalty payments. That money went…

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India seizes

India seizes $725 Million from Chinese company Xiaomi

NEW DELHI (AP) — Indian authorities on Saturday seized $725 million from Chinese smartphone company Xiaomi, accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad, officials said. The Enforcement Directorate, India’s financial investigation agency, tweeted that it had seized the amount from Xiaomi‘s local unit. The move comes after an…

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India seizes

India seizes $725 million of Xiaomi funds in foreign exchange case

Staff members stand near the company logo at a Xiaomi store in Shanghai, China November 1, 2021. REUTERS/Aly Song/FilesRegister now for FREE unlimited access to Reuters.comNEW DELHI, April 30 (Reuters) – India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi Corp (1810.HK) after a probe found the…

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Court India

India has court backlog of 40 million cases, chief justice says | Reuters

A lawyer holds a book as he waits to enter the Arthur Road jail in Mumbai April 16, 2009. REUTERS/Arko Datta/FilesRegister now for FREE unlimited access to Reuters.comNEW DELHI, April 30 (Reuters) – India has more than 40 million cases pending in lower courts, the country’s chief justice said on Saturday, highlighting a huge backlog…

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Force India

India to force VPN companies to hand over user data

Home News Computing (Image credit: Shutterstock) Using your favorite VPN in India may soon be impossible thanks to new regulations that will require VPN providers to collect and store a wide range of data on their customers for a period of five years.As reported by ENTRACKR, the Computer Emergency Response Team (CERT-in) which is under…

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India Record-Shattering

India’s Record-Shattering Heat Wave Reduces Wheat Crops as Reserves Are Strained

NEW DELHI (AP) — An unusually early, record-shattering heat wave in India has reduced wheat yields, raising questions about how the country will balance its domestic needs with ambitions to increase exports and make up for shortfalls due to Russia’s war in Ukraine. Gigantic landfills in India’s capital New Delhi have caught fire in recent…

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China India

India and China discuss ways to end the border impasse early

NEW DELHI (AP) — Chinese Foreign Minister Wang Yi met with his Indian counterpart and the national security adviser on Friday to expedite the disengagement of thousands of Indian and Chinese forces involved in a tense faceoff and occasional clashes along their disputed border, an Indian official said.A fierce brawl in June 2020 exploded into…

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Exhibitions India

MEX Exhibitions Ltd. Ltd. & India Exposition Mart Ltd. Announce Leather Asia Expo 2022

New Delhi, India, March 24, 2022 –(PR.com)– MEX Exhibitions is aiming for new heights by introducing power-packed shows: Leather Asia Expo and Shoe Technology 2022 in collaboration with India Exposition Mart Ltd. at India Expo Centre and Mart, Greater Noida, Delhi – NCR from 10-12 November 2022. This platform brings together the entire leather and footwear…

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India Lanka

India beat Sri Lanka by an innings and 222 runs in Mohali

Register now for FREE unlimited access to Reuters.comMarch 6 (Reuters) – Hosts India defeated Sri Lanka by an innings and 222 runs inside three days in the opening test at Mohali on Sunday to take a 1-0 lead in the two-match series.Sri Lanka made 178 in their second innings after getting bundled out for 174…

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India ZenFone

Asus Zenfone 8 in India: everything we know so far

Home News Mobile Phones (Image credit: Asus) The Asus Zenfone 8 is no more a novelty when it comes to specifications due to multiple delays yet it is one of the few truly compact Android flagships currently available. Here’s everything we know about its Indian launch.While the Asus Zenfone 8 was unveiled globally on May…