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Chinese smartphone maker Vivo and its Indian affiliates are facing accusations from India s financial crime agency of employees concealing their employment when seeking visas and breaching rules by visiting sensitive areas of Jammu and Kashmir. The accusations come amid rising tension between India and China over business activities and border clashes in 2020. The agency claims that at least 30 Chinese individuals entered India on business visas and worked for Vivo without disclosing their employer. ....
ED accuses China's Vivo of visa violations, siphoning off over Rs 1L cr deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
"Vivo firmly adheres to its ethical principles and remains dedicated to legal compliance. The recent arrest deeply concerns us. We will exercise all available legal options," a company spokesperson said in a statement. ....
ED action comes almost more than a year after it carried out searches at 48 locations across the country belonging to vivo Mobiles India Private Limited. ED alleges Rs 62,476 crore was "illegally" transferred by Vivo to China in order to avoid payment of taxes in India. ....
"Vivo firmly adheres to its ethical principles and remains dedicated to legal compliance. The recent arrest deeply concerns us. We will exercise all available legal options," a company spokesperson said in a statement. ....