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Court Removes $448 Million Block On Xiaomi's Deposits In India: Report

A court has quashed the income tax department's block on China-based Xiaomi Corp's fixed deposits worth Rs 37 billion, two people familiar with court proceedings said today. ....

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India Seeks To Restore Block On ₹5,500 Crore Of Xiaomi's Bank Assets

Xiaomi case: The enforcement directorate (ED) had seized the money saying Xiaomi had illegally transferred funds abroad to three entities ....

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