vivo india

NEW DELHI: Chinese smartphone maker Vivo has approached a court in New Delhi seeking to quash an Indian enforcement agency's decision to freeze its bank accounts, arguing the move was "bad in law" and will harm the company's business…

Vivo India filed a petition with the Delhi High Court on Friday to contest the freezing of the firm's bank account by the Enforcement Directorate (ED) in connection with a money laundering investigation. On Friday, Senior Attorney…

The Enforcement Directorate (ED) has alleged that Vivo India remitted₹62,476 crore, almost half of its turnover out of India, mainly to China. "These remittances were made in order to disclose huge losses in Indian incorporated companies…

NEW DELHI: India's financial crime agency, the Enforcement Directorate(ED), said on Thursday it has blocked 119 bank accounts linked to Vivo's India business which were holding 4.65 billion rupees ($58.76 million), as part of a probe…

Vivo India's nearly 23 associated firms such as Grand Prospect International Communication Pvt Ltd (GPICPL) transferred huge amounts to the firm and out of the total sale proceeds of Rs 1,25,185 crores, it remitted Rs 62,476 crores…

The ED on Thursday said the Indian arm of Chinese smartphone maker Vivo "remitted" almost 50 per cent of its turnover, which is Rs 62,476 crore, mainly to China in order to avoid paying taxes. Nearly 119 bank accounts of various entities…