ED Issues Showcause Notice To Xiaomi Over FEMA Violation 2 min read Technology ED Issues Showcause Notice To Xiaomi Over FEMA Violation xploreme June 9, 2023 New Delhi: The Enforcement Directorate (ED) on Friday said that the Adjudicating Authority has issued show-cause notices to...Read More
Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation 2 min read Technology Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation xploreme June 9, 2023 Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received...Read More
Inter-ministerial consultation for ecommerce policy is ongoing: DPIIT secretary 3 min read Technology Inter-ministerial consultation for ecommerce policy is ongoing: DPIIT secretary xploreme June 4, 2023 An inter-ministerial consultation is going on to frame an e-commerce policy which would help in providing a...Read More
Angel tax: Experts suggest safe harbour for investment via convertible preference shares too 4 min read Technology Angel tax: Experts suggest safe harbour for investment via convertible preference shares too xploreme May 28, 2023 The I-T department’s draft rules on valuation of funding in unlisted startups for calculating ‘angel tax‘ will...Read More
No FEMA violations found so far after ED searches at Byju’s 2 min read Technology No FEMA violations found so far after ED searches at Byju’s xploreme May 7, 2023 Initial investigations after recent searches by the Enforcement Directorate (ED) at Byju’s have so far found no...Read More
Xiaomi Rejects Speculation on Firm Moving India Operations to Pakistan 2 min read Technology Xiaomi Rejects Speculation on Firm Moving India Operations to Pakistan xploreme October 8, 2022 Xiaomi on Friday dismissed speculation that the company might move its operations from India to Pakistan. The...Read More
ED Seizes Rs. 5,551 Crore Worth of Deposits of Xiaomi India Under FEMA 2 min read Technology ED Seizes Rs. 5,551 Crore Worth of Deposits of Xiaomi India Under FEMA xploreme September 30, 2022 The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of...Read More
WazirX Transactions With Binance ‘Cloaked in Mystery’, Says MoS Finance 2 min read Technology WazirX Transactions With Binance ‘Cloaked in Mystery’, Says MoS Finance xploreme August 2, 2022 Minister of State for Finance Pankaj Chaudhary on Tuesday said the Enforcement Directorate is probing alleged money laundering...Read More