Vivo X100 series smartphones would feature triple-camera setup on the rear that Vivo co-created in partnership with German lens maker ZEISS
The three executives arrested by the ED in December last year are CEO of Vivo India Hong Xuquan, Chief Financial Officer Harinder Dahiya, and consultant Hemant Munjal
The Delhi High Court on Wednesday granted three vivo-India executives one week to file their reply to a plea by the Enforcement Directorate challenging an order for their release in a money laundering case. While Additional Solicitor General S V Raju argued that the trial court order was "totally perverse" and the matter required urgent adjudication, the counsel for the accused sought time to file their response. Justice Swarana Kanta Sharma listed the matter for further hearing on January 11 and said, "They will need to file a reply. I can't deny them". "The court grants time of one week to respondents to file a reply," the court ordered. ASG Raju argued one of the respondents, a Chinese natonal, was a flight risk. The counsel for the accused said they have already surrendered their passports. Justice Sharma also indicated she would, when she passes a written order, direct the accused to appear before the ED on Fridays and Mondays. On Tuesday, a vacation bench of Justice Tushar
The trial court last week allowed the plea moved by Hong Xuquan, Harinder Dahiya and Hemant Munjal to challenge their arrest and subsequent custody in a PMLA case and directed their immediate release
The ED had raided vivo-India and its linked persons in July last year and claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies
A Delhi court on Thursday extended by one day the ED custody of three vivo-India executives in a money laundering case against the Chinese smartphone maker and others. The court extended the custody of interim CEO of vivo-India Hong Xuquan alias Terry, Chief Financial Officer (CFO) Harinder Dahiya and consultant Hemant Munjal on an application moved by the Enforcement Directorate (ED). The accused were produced before the court on expiry of their five-day ED custody granted earlier. The accused were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA). The federal agency had earlier arrested four people -- mobile company Lava International's MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik -- in the case. The ED had filed a charge-sheet against these four in a special PMLA court in Delhi. The court recently took cognisance of the charge-sheet.
Starting at Rs 52,999, iQOO 12 promises a substantial leap in camera capabilities and build quality compared to its predecessor
A Delhi court on Tuesday extended by two days the Enforcement Directorate custody of three Vivo-India executives in connection with a money laundering probe against the Chinese smartphone-maker and others. Additional Sessions Judge Aparna Swami extended the custody of Interim CEO of Vivo-India Hong Xuquan alias Terry, Chief Financial Officer (CFO) Harinder Dahiya and consultant Hemant Munjal on an application moved by the ED. The accused were produced before the court on the expiry of their three-day ED custody granted earlier. The accused were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA). The federal agency had earlier arrested four people -- mobile company Lava International's MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik -- in the case. They are in judicial custody at present. The ED had filed a charge-sheet against the four in a special PMLA court in Delhi. The cou
The Vivo X100 series encompasses a vanilla model and a Pro model, both focused on imaging, design, and performance
India's financial crime-fighting agency last week arrested two senior employees of Vivo's India unit, a move the company vowed to challenge legally
The Enforcement Directorate has made three fresh arrests in connection with its money laundering probe against Chinese smartphone-maker Vivo and some others, official sources said on Saturday. The three have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA), they said. The identity of the three people was not known immediately. The federal agency had earlier made four arrests in the case which included mobile company Lava International's MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang and chartered accountants Nitin Garg and Rajan Malik. They are in judicial custody at present. A charge-sheet was also filed by the Enforcement Directorate against these people recently before a special PMLA court in Delhi and the court took its cognisance recently.
A Delhi court on Wednesday took cognisance of the charge sheet filed by the Enforcement Directorate against Chinese smartphone maker Vivo-India and others in a money laundering case. Four individuals -- the MD of Lava International mobile company, Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik - have been named as accused in the prosecution complaint (ED's equivalent of a chargesheet). Special Judge Kiran Gupta summoned the accused, who are in judicial custody, on February 19. The chargesheet was filed earlier this month under criminal sections of the Prevention of Money Laundering Act. The ED claimed the alleged activities of the four accused enabled Vivo-India to make wrongful gains that were detrimental to the economic sovereignty of the country. The anti-money laundering agency had raided Vivo-India and persons linked to it in July last year and claimed to have busted a major money laundering racket involving Chi
Vivo India has reported profits at a time when the overall smartphone industry has seen a 10% decline in shipments
ED recently arrested Chinese national Guangwen Kuang, Lava International's MD Hariom Rai Nitin Garg and Rajan Malik under a different section of the Money Laundering Act
The phone industry told govt that 99% of mobile phones sold in India are produced locally. For companies to grow, they need exports
A Delhi court will consider on December 13 whether to take cognisance of the charge sheet filed against Chinese smartphone maker Vivo-India and others in a money laundering case. The charge sheet was filed under criminal sections of the Prevention of Money Laundering Act before Special Judge Kiran Gupta, who on Thursday posted the matter for consideration on December 13. According to sources, the Enforcement Directorate (ED) has accused Vivo-India of cheating the Union government through an an intricate network it had set up in the country. Four individuals -- the MD of Lava International mobile company, Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik - have been named as accused the prosecution complaint (ED's equivalent of a charge sheet). All the accused are currently in judicial custody. Advocate Nitesh Rana, appearing for Rai before the court on Thursday, termed the case as frivolous and said there was no eviden
The Enforcement Directorate filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker vivo and some others, official sources said on Thursday. The prosecution complaint has been filed before a special court here on Wednesday under the criminal sections of the Prevention of Money Laundering Act (PMLA) and vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The federal probe agency arrested four persons, including the MD of the Lava International mobile company Hari Om Rai, in this investigation. The others who were taken into custody were Chinese national Guangwen alias Andrew Kuang, Chartered Accountants Nitin Garg and Rajan Malik. The ED had then claimed in its remand papers before a local court here that the alleged activities of the four enabled vivo-India to make wrongful gains that were detrimental to the economic sovereignty of India. It had raided vivo-India and its linked person
Companies like Xiaomi, Oppo, Vivo, and Realme together account for a dominating 74% share of the Indian mobile phone market in terms of volumes. However, their share of exports stands at only 14%
Vivo's sub-brand iQOO has announced that it would launch the iQOO 12 smartphone in India on December 12
he four accused are -- Lava International MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, Chartered Accountants Nitin Garg and Rajan Malik