Enforcement Directorate approves seizure of Xiaomi's asset worth <span class='webrupee'>₹</span>5,551.27 crore

[Bilgin]

Enforcement Directorate approves seizure of Xiaomi's asset worth <span class='webrupee'>₹</span>5,551.27 crore The competent authority appointed under Section 37A of the Foreign Exchange Management Act (FEMA) on Friday confirmed the seizure order of ₹5,551.27 crores by Enforcement Directorate against Xiaomi Technology India Private Limited, ED said in a press release