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[Ken Levine’s ambitious new game is reportedly in development hell – The Verge] Topics [Xiaomi](/about/what-is-xiaomi) | [Customs Act](/topic/customs-act) | [Smartphone market](/topic/smartphone-market) [Arup Roychoudhury](/author/search/keyword/arup-roychoudhury) | New Delhi Last Updated at January 6, 2022 01:16 IST https://mybs.in/2asNrKu Chinese mobile phone maker Xiaomi’s India unit evaded customs duty worth Rs 653 crore by suppressing and undervaluing royalty and licence fee paid to overseas affiliates and partners, the Directorate of Revenue Intelligence (DRI) said on Wednesday. Based on intelligence that [Xiaomi](/about/what-is-xiaomi) India was evading customs duty by way of undervaluation, the DRI had initiated an investigation against the company and its contract manufacturers. “During...
