The Karnataka High Court has dropped Xiaomi's appeal for relief for over $676 million asset freeze

The Karnataka High Court has dropped Xiaomi's appeal for relief for over $676 million asset freeze ...

Despite the fact that this enforcement action had "effectively halted" its operations in its key Indian market, an Indian court on Thursday declined to lift a freeze on Xiaomi''s $676 million (nearly Rs. 5,500 crore) worth of assets.

The fed ...

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