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