Multiple Locations Connected To Chinese Mobile Phone Firms Raided By ED
Raids are being conducted by the Enforcement Directorate (ED) at numerous locations across the nation that are directly or indirectly related to Chinese mobile phone firms. More than 30 places have been investigated. ED is looking for Vivo and its affiliated businesses. Earlier, the Karnataka High Court had blocked an ED Foreign Exchange Management Act (FEMA) seizure of Xiaomi assets.