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moves money TNW September 09, 2026

India’s fraud office recommends a detailed investigation into Xiaomi’s local business

India’s fraud office recommends a detailed investigation into Xiaomi’s local business
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India’s Serious Fraud Investigation Office has recommended a detailed investigation into Xiaomi’s business in the country, according to an internal document examining how money moved through the company’s Indian operations and whether it obtained the approvals required for Chinese investment. The document was drafted in May and reviewed by Reuters, which reported its contents on […] This story continues at The Next Web

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