The development comes at a time when the company has been accused of violating foreign exchange laws by the Enforcement Directorate (ED)
Justice S G Pandit extended the stay till June 1, with the hearing of the case posted to that day.
The federal agency was responding to certain news reports that said Xiaomi alleged in a recent filing before the Karnataka High Court that its top executives...
Xiaomi, which owns the RedMi and Mi brands, remained India's top smartphone seller in 2021, with a 24 per cent market share, according to Counterpoint...