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Amazon, Flipkart and ED
Amazon and Flipkart executives face ED probe over alleged FEMA violations in India
Top executives of e-commerce giants Amazon and Flipkart are under the scanner of the Enforcement Directorate (ED) over alleged violations of foreign investment regulations, sources have told India Today.
ED likely to summon top Amazon, Flipkart executives over FDI rule violations
The ED's investigation stems from multiple complaints alleging that Amazon and Flipkart have been violating Foreign Direct Investment (FDI) rules by directly or indirectly favouring select vendors.
ED probes Amazon, Flipkart over ties with top sellers, alleges FEMA breach
The ED has reportedly quizzed the 'top' five sellers of both firms and found that many are former employees or relatives of former associates of Amazon and Flipkart
India to summon Amazon, Flipkart executives as regulatory scrutiny grows, source says
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers,
ED probe unearths Amazon, Flipkart's direct link with sellers in violation of FDI norms: Report
An ED probe has reportedly found that the e-commerce giants have oversight over their sellers’ operations, including control over warehouses, inventory and even profit margins
ED uncovers Amazon and Flipkart's direct links with sellers
The Enforcement Directorate (ED) has uncovered evidence suggesting that Amazon and Flipkart exert significant control over their preferred sellers. Investigations revealed close ties between these sellers and the e-commerce giants,
17h
on MSN
Ecommerce giants Amazon, Flipkart record Rs 11,621 crore in combined ad revenue in FY24
This marks an impressive 33% increase from the previous fiscal year’s Rs 8,705 crore, according to regulatory filings by both ...
Indiatimes on MSN
10h
Black Friday 2024 sale in India: Tata Cliq, Flipkart, Amazon and these websites may offer discounts
Black Friday, the popular shopping event originating in the US, is gaining traction in
India
. Major e-commerce platforms ...
inc42
7h
BlackBuck IPO: Accel, Flipkart To Rake In 5X Returns
While most investors are raking in big gains, Peak XV and VEF AB are selling portions of their shares at losses ...
19m
Air pollution: Best budget-friendly air purifiers to buy in India
This air pollution extends beyond roads and open areas, making it difficult for people to breathe even inside their homes. In ...
Reuters
11d
India raids offices of sellers using Amazon, Flipkart platforms, sources say
NEW DELHI, Nov 7 (Reuters) -
India
's financial crime agency has raided offices of some sellers operating on Amazon (AMZN.O) ...
1d
on MSN
ED shifts cursor to Amazon, Flipkart; Nithin Kamath interview
This and more in today’s ETtech Morning Dispatch.Also in the letter:■ AI domain trade■ Ethics code for AI firms■ X ...
4d
on MSN
Indore: NRLM, Flipkart Hold Training To Digitally Empower SHG Women
Under the National Rural Livelihood Mission (NRLM), a popular campaign of the Government of India, an innovative initiative ...
Hosted on MSN
4d
Blinkit, Swiggy, Zepto, Flipkart Minutes captured around 50% Kirana sales in India, may touch Rs 332000 crore business by...
The study observed that due to the rising popularity of quick commerce, Kirana stores, which historically dominated
India
's ...
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