China's Huawei wants India to relax overseas payment restrictions - Economic Times

Alleging discrepancies in the income declared by Huawei Telecommunications India for at least two financial years, the department in its affidavit submitted to the court last week said the company had repatriated ₹750 crore even when its revenue was reducing…

Huawei Telecommunications (India) has urged the Delhi High Court to modify its April order restraining it from repatriating money abroad as it can't pay overseas suppliers. On April 21, the HC had ba… [+2278 chars]

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