Nation

ED seizes Rs 5,551 crore from Chinese telecom firm Xiaomi in Bengaluru

Name: ED seizes Rs 5,551 crore from Chinese telecom firm Xiaomi in Bengaluru
Uploaded: 2022-04-30T15:11:00Z
Description: The Directorate of Enforcement (ED), in one of its biggest operations, seized Rs 5,551.27 crore from a Bengaluru-based Chinese telecom firm #Xiaomi Technology India. The seizure was made after months-long investigations by ED. Xiaomi, which is one of the top mobile phone brands in the country, has an annual turnover of Rs 34,000 crore.

Online Desk

Updated:30th Apr, 2022 at 8:41 PM

Follow The New Indian Express channel on WhatsApp

Download the TNIE app to stay with us and follow the latest