Tuesday, June 24, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home Tech News

Xiaomi broke the law in India, for which it faces a fine of $ 2 billion

Due to unauthorized transfer under the guise of royalties to a foreign account

The Tech Outlook reports that Xioami has serious problems in India, which will cost it $ 2 billion. 

Xiaomi
Xiaomi

Xiaomi broke the law in India, for which it faces a fine of $ 2 billion

The Enforcement Authority said on Friday that it had notified Xiaomi of violations of the Foreign Exchange Act. According to the source, Xiaomi is accused of violations totaling about $660 million. To be more precise, we are talking about an unauthorized transfer of such an amount under the guise of royalties to a foreign account. 

The management has already arrested the corresponding amount in the accounts of Xiaomi Technology India Private Limited. However, the problem is that, according to the law, in order to continue operating in India, the company will have to pay a fine of just over $ 2 billion.  

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares
Tags: xiaomi pad 6 proxiaomi water gun

Related Posts

Nothing Phone (3)
Mobiles

Nothing Phone (3) Redesign Teased

May 30, 2025
Vivo S30 and S30 Pro
Mobiles

Vivo S30 and S30 Pro Mini Launched in China

May 30, 2025
oneplus 13s price in india
Mobiles

OnePlus 13s Price in India

May 30, 2025
Motorola Unveils Moto G86 Power 5G
Mobiles

Motorola Unveils Moto G86 Power 5G, G86 5G, and G56 5G

May 30, 2025
YouTube Shorts
App news

YouTube Shorts to Get Google Lens Integration

May 30, 2025
Xiaomi 16
Mobiles

Xiaomi 16 Full Specifications Leaked Ahead of Launch

May 30, 2025

Recommended Stories

And not nearly a monster of autonomy, but a new protected Samsung smartphone. The company is preparing to release the Galaxy XCover 5

February 3, 2021 - Updated on December 8, 2022

ZTE unveils quad camera and color options for Axon 20 5G, the world’s first smartphone with a sub-screen selfie module

August 23, 2020 - Updated on December 8, 2022

Samsung beautifully told about the new version of the famous ringtone Over the Horizon

February 2, 2021 - Updated on February 11, 2023

Ads

Popular Stories

  • Summer Stroke Risks

    Summer Stroke Risks

    0 shares
    Share 0 Tweet 0
  • Men’s Preventive Health Matters

    0 shares
    Share 0 Tweet 0
  • Stroke Prevention and Treatment

    0 shares
    Share 0 Tweet 0
  • The ABCDEs of Skin Cancer

    0 shares
    Share 0 Tweet 0
  • Coping with Diabetes During the Summer Heat

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra