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Chinese firm Vivo transferred 50% revenue out of India, reveals ED

Published on Jul 08, 2022 09:31 am IST

  • The Enforcement Directorate (ED) on Thursday revealed the India branch of the top Chinese mobile manufacturer Vivo, had transferred almost 50% of its total turnover out of India. The investigating agency discovered a total of 23 companies associated with Vivo India that were involved in transferring huge amounts to the mobile manufacturer. Watch the video for more.

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