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Amazon, Flipkart and ED
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.
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 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,
Amazon, Flipkart's ties with vendors under ED lens over potential violation of FDI norms
A source said, “The sellers covered during the searches were summoned and have been questioned to explain certain transactions and arrangements. Documents are being studied thoroughly. The main focus is to ascertain whether Amazon and Flipkart operated through a preferred set of sellers,
India summons Amazon and Flipkart executives amid regulatory scrutiny
India's financial crime agency Enforcement Directorate is set to summon executives from e-commerce giants Amazon and Flipkart as an investigation intensifies into alleged violations of foreign investment laws,
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,
11m
Samsung S23 Ultra 5G Received Massive Discount Flipkart, Camera, Battery, Price
The handset runs on Android 13 and is powered by the robust Snapdragon 8 Gen 2 processor, ensuring top-notch performance and ...
20h
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 ...
2h
on MSN
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 like ...
Reuters
12d
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) ...
inc42
10h
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 ...
1d
on MSN
Black Friday 2024 sale in India: Tata Cliq, Flipkart, Amazon and these websites like to offer discounts
Black Friday is a shopping event that officially marks the start of the holiday season. Typically observed the day after ...
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 ...
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