 
 
							From talks on resuming direct flights to a series of high-level bilateral visits, longtime rivals China and India are quietly and cautiously strengthening ties
 
 
							Border clashes four years ago saw Indo-Sino relations sour and the flow of Chinese money into India slow
 
 
							The move has racked up costs for makers of drones in the country, with around 70% of goods in the supply chain currently being made in China
 
 
							India is concerned that tie-ups like the one proposed by BYD are “controlled by the foreign partner” and reduce the partnering Indian company to a “dummy entity”
 
 
							Xiaomi said the first 100 million phones took five years to sell, but the next 100 million took just three. Chinese companies account for four of the top five smartphone brands in India
 
 
							Indian tax officials said Huawei India remitted 750 crore rupees, or around $95 million, to China despite a slump on income over two financial years
 
 
							The Enforcement Directorate (ED) has claimed that smartphone maker Vivo's sales proceeds were transferred out of India to show losses
 
 
							The Vivo raids follow an Enforcement Directorate investigation into Xiaomi, another Chinese smartphone maker and one of India's leading brands
 
 
							The move will impact Chinese manufacturing companies with subsidiaries operating in India and China
 
 
							Xiaomi has grown its position in India to become the smartphone market leader. Now, it's under investigation by two separate enforcement agencies.
 
 
							The Ministry of Finance said on Thursday a major telecom group did not account for income of 4 billion rupees ($52 million) on its books, and had costs of 4.8 billion rupees it failed to justify
 
 
							Tech company Sea, which is backed by China's Tencent, has apologised to users in India after its Free Fire game was among dozens of apps hit with a ban because of data security concerns