ED seizes Rs 5,551 crore of Chinese smartphone giant Xiaomi in foreign exchange case

NEW DELHI: The Enforcement Directorate (ED) on Saturday said it has seized Rs 5,551 crore from Bengaluru-based Chinese telecom firm Xiaomi Technology India for “illegal outward remittances”. Xiaomi India is a wholly-owned subsidiary of the China-based Xiaomi group. The ED has initiated investigation in connection with the illegal remittances made by the company in the … Read more

Price, offers and everything you need to know

Xiaomi 12 Pro 5G is here. Xiaomi has launched its flagship smartphone for 2022, Xiaomi 12 Pro 5G in India today. Launched globally last month, the Xiaomi 12 Pro 5G is powered by the flagship Qualcomm Snapdragon 8 Gen 1 chipset. The smartphone also supports 120W fast charging. Here is the price and specifications of … Read more