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ED seeks sales data from Apple, Xiaomi
Mint Kolkata
|April 30, 2025
India's financial crime agency has privately sought sales data and other documents from smartphone players, including Apple and Xiaomi as part of an investigation into Amazon and Walmart-owned Flipkart, persons familiar with the matter told Reuters.
The agency's queries come against the backdrop of India and the US nearing a trade deal. The protectionist e-commerce regulations in India have been part of those discussions, according to one Indian official, as US authorities have long called for opening up the sector.
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