AIReuters2h ago

Official doc: India's Serious Fraud Office urges the government

Official doc: India's Serious Fraud Office urges the government to probe Xiaomi over alleged business model irregularities and foreign investment law violations

TL;DRIndia's fraud office says Xiaomi should be investigated for business model and investment law violations.

Why it matters: Could force major smartphone maker to restructure operations or face penalties in India's massive market.

India's Serious Fraud Office has recommended Xiaomi be investigated for alleged irregularities in its business model and compliance …

Read full article

Source: Reuters · Opens in new tab