In an affidavit dated January 2, the CBI urged the court to dismiss the plea as the carrier - Aircel - was not an accused in the case, which relates to the alleged 2G scam.
Govt wants handset makers to supply 20-25 million low-cost handsets in the market to take digital transactions to masses.
DoT has been asked to look for an alternative service provider for aircel's 65 million subscribers.
Founded by Lei Jun, ranked 12th on the Forbes China Rich List, Xiaomi launched operations in India in 2014.
Chinese players’ share can well rise to 60% of the smartphone market by middle of this year. Players like Samsung, had a 22.6% share at September.
It will come into force after two weeks to enable the company to dispose of its current stocks, Justice GS Sistani said, according to a copy of the order.
Demonetisation was an unexpected and painful twist, but the companies expect the demand drought due to the current cash crunch to be temporary.
“It was almost like a “Chinese Smartphone Diwali” across all city tiers,” Upasana Joshi, Senior Market Analyst, IDC India said Friday.
“They have an oblique motive,” advocate Meet Malhotra, representing the Telecom Regulatory Authority of India in the matter with the Delhi High Court, told ET.
Vodafone had challenged Telecom Regulatory Authority of India’s (Trai) recommendation of levying the highest per-circle penalty on it, for allegedly denying points of interconnect (PoIs) to Reliance Jio.
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