Top headlines: Rs 4k-cr duty evasion by Oppo, says DRI; Mindtree Q1 net up

Chinese mobile maker Oppo India evaded customs duty worth Rs 4,389 cr: DRI

The Directorate of Revenue Intelligence (DRI) has slapped a Rs 4,389 crore show cause notice on Oppo India on July 8 for allegedly evading customs duty by wrongfully availing exemption benefits.

Oppo India, the Indian subsidiary of a Chinese firm, deals in various brands of mobile phones, including Oppo, OnePlus and Realme. Read more...

MindTree Q1 Results: Net profit rises 37% to Rs 472 cr; revenue jumps 36%

IT firm Mindtree on Wednesday reported 37% increase in consolidated net profit at Rs 472 crore for