Page 17 - Vivo

Indian phonemakers served notices by Customs, get Rs 20,000 cr tax bill

Before September 2020, there was no import duty on such panels, but from October 1, 2020, an import duty of 10% is levied under the Centre's phased manufacturing programme

HC directs Vivo to give Rs 950-cr bank guarantee to operate bank accounts

The phone manufacturer had said the account freeze would hamper its ability to pay for its liabilities, such as taxes and employee salaries

Top headlines: Rs 4k-cr duty evasion by Oppo, says DRI; Mindtree Q1 net up

Oppo India, the Indian subsidiary of a Chinese firm, deals in various brands of mobile phones, including Oppo, OnePlus and Realme

India should give fair legal treatment to Vivo, OPPO, Xiaomi: Chinese media

If the Indian legislation system really fails them, it will be a huge loss to both sides, according to an opinion piece in Global Times.

Delhi HC allows Vivo to operate accounts frozen by ED in tax evasion probe

Vivo can operate its bank accounts to the extent that a balance of Rs 250 crore is maintained in its accounts at all times, the court said

Glance user base grows by 30% YoY to reach 183 million in Q1 2022

Inmobi's Glance, which is present in India, Indonesia and parts of Southeast Asia, is focussing heavily on expansion in existing as well as new markets

Delhi HC asks ED to consider Vivo's representation on freeing bank accs

ED's money-laundering probe into Vivo revealed the company, to avoid paying taxes in India, remitted about Rs 62,476 crore of its turnover to China between 2017 and 2021

Vivo's parent firm, BBK Electronics, owns 40% of India's smartphone market

Vivo India's share jumped from 10% in 2017 to 15% in 2021; sister concern Realme's quadrupled in last 4 years

Delhi HC asks ED to decide on Vivo's request to operate its bank accounts

The Delhi HC on Friday directed the Enforcement Directorate (ED) to take a decision on Chinese smartphone manufacturer Vivo's representation seeking permission to operate its frozen bank accounts.

Top headlines: TCS beats street estimates, ED fines Amnesty India, and more

TCS' net profit grew 5.2 per cent year on year, and 2.5 per cent sequentially to Rs 9,478 crore in Q1FY23, but missed estimate of Rs 9,850 crore

Vivo moves Delhi HC challenging freezing of various bank accounts by ED

Vivo said the orders against it are in stark contravention to the mandate of Section 17 of the PMLA, as the same do not entail any reasons for freezing

Delhi HC allows urgent listing of Vivo's plea over freezing of bank account

The Delhi High Court on Friday allowed the urgent listing of a plea by Chinese smartphone maker Vivo against the freezing of its bank accounts in connection with a money-laundering probe by the ED

Top Headlines: UK crisis to delay FTA; revenue from govt's new levies

The government's new levies could help balance the Budget and leave room for more money to be spent on infrastructure like roads. Read more on this in our top headlines

Companies operating in India need to follow law of land: MEA on Vivo

The Ministry of External Affairs (MEA) on Thursday said the companies that operate in India need to follow the law of the land

Vivo India transferred Rs 62,476 crore to China to avoid paying taxes: ED

According to the agency, 18 companies helped the smartphone maker to transfer 50 per cent of the turnover outside India, mainly China

Vivo India remitted about 50% of its turnover to China to avoid taxes: ED

ED seizes funds of Rs 465 crore, Rs 73 lakh in cash and 2 kg gold under anti-money laundering law after raids on Vivo

ED raids at Vivo, other firms will 'chill investment confidence': China

As the ED raided 44 locations in 22 states on Tuesday and Wednesday, the directors of some of the companies associated with Vivo fled India

Chinese directors of firm associated with Vivo fled India last year: ED

The official corrected the report which mentioned that Zhengshen Ou and Zhang Jie were directors of Vivo and they fled when the ED intensified its inquiry into the money laundering case

Raids on Vivo: China hopes for a 'truly fair' probe in accordance with law

China on Wednesday expressed hope that India will conduct the ongoing investigations into the Chinese mobile manufacturer firm Vivo in accordance with the law and regulations

ED raids Chinese phonemaker Vivo; probes 44 places in money laundering case

The Enforcement Directorate conducted searches at 44 places in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said