The Enforcement Directorate (ED) has arrested four individuals today in a money laundering case related to the phone-maker vivo. Among them are the Managing Director of Lava International company and a Chinese national. Continue reading “ED arrests four persons in money laundering probe connected with vivo: Report”
Vivo Mobile India has been found to have evaded customs duties to the tune of over Rs 2,217 crore, according to the Directorate of Revenue Intelligence (DRI). According to the terms of the Customs Act, Vivo India has been sent a show-cause notice demanding payment of customs duties of Rs 2,217 crore. Continue reading “vivo India evaded custom duties worth Rs. 2217 crore: DRI”
