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Huawei Said to Be Accused of Tax Evasion in India

An Indian tax investigation on China's Huawei has found that the telecoms equipment maker manipulated account books to reduce its taxable income in the country, an Indian government source told Reuters on Thursday.Without naming the company, India's Ministry of Finance said that a major telecoms group "failed to provide any substantial and appropriate justification" on tax claims during income tax raids on its offices in three Indian cities last month.A Huawei spokesperson in India did not immediately respond to a request…

Russia’s Kaspersky, China Telecom Firms Added by US FCC to National Security Threat List

The Federal Communications Commission (FCC) on Friday added Russia's AO Kaspersky Lab, China Telecom (Americas), and China Mobile International USA to its list of communications equipment and service providers deemed threats to US national security.The regulator last year designated five Chinese companies including Huawei and ZTE  as the first firms on the list, which was mandated under a 2019 law. Kaspersky is the first Russian company listed.FCC Commissioner Brendan Carr said the new designations "will help secure our…