NewsFree365
--°
India
2 views

SFIO seeks nod for deeper probe into Xiaomi India

The Serious Fraud Investigation Office seeks permission for a deeper probe into Xiaomi. This investigation will examine fund transfers and mandatory investment approvals. Xiaomi India has stated it has received no notice or communication…

SFIO seeks nod for deeper probe into Xiaomi India
SFIO seeks nod for deeper probe into Xiaomi India
ET Bureau
Synopsis

The Serious Fraud Investigation Office seeks permission for a deeper probe into Xiaomi. This investigation will examine fund transfers and mandatory investment approvals. Xiaomi India has stated it has received no notice or communication from the SFIO. The company maintains it fully complies with all Indian laws. Regulations for Chinese investments were tightened after 2020 and recently relaxed.

Economictimes Verified Source

Syndicated via official news feed

Explore all India stories

Syndicated feed content with full publisher credit.

India Desk

More in India

Continue reading verified coverage and related developments on this desk.

View All