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