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Thursday, May 12, 2022

ED Said to Freeze Xiaomi's Funds Worth $478 Million During Investigation

ED froze Xiaomi's $478 million (roughly Rs. 3,699 crore) worth of deposits in local bank accounts as part of an investigation into alleged tax evasion, according to sources. The freeze by the income...

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Securitize Share Drops 20 Percent as Tokenisation Revenue Falls Short of Expectations

Securitize shares fell 20 percent in after-hours trading after the tokenisation firm reported second-quarter revenue below analysts’ expecta...