Vivo India

Vivo India in Money Laundering Scandal: ED Filed Charge Sheet Against Lava Founder Among Accused

In the wake of cracking down on financial irregularities, the Enforcement Directorate (ED) recently filed its first charge sheet related to a money laundering investigation involving Vivo India and four tech executives. This move follows allegations that shell companies...

Smartphones Shape India’s Financial Landscape: Indian Consumers Attain 6X Returns from their Investment in Smartphones

In the ever-evolving world of technology, smartphones have emerged as game-changers, revolutionizing our lives in ways we couldn't have fathomed just a decade ago. From controlling smart homes to handling financial matters, these pocket-sized devices have become the go-to...

ED raids Vivo India for illegally remitting Rs 62,476 crore to China, seizes Rs 465 crore, 119 bank accounts

Vivo's Indian subsidiary is accused of remitting almost 50% of its turnover, amounting to Rs 62,476 crore, to parent entities in China between 2017 and 2021 in a bid to avoid paying taxes in India, according to ED, the...

Smartphone Shipments in India by Top Vendors: Q1 2017 – Q4 2020

The above graph represents the smartphone shipments in India by top vendors, starting from Q1 2017 to Q4 2020. The list of top five smartphone brands in India in Q4 2020 includes Xiaomi, Samsung, Vivo, Realme and Oppo, according to IDC....
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Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?

When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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