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Govt to summon Flipkart and Amazon
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,
Indian Regulators To Summon Amazon, Flipkart Executives As Scrutiny On Ecommerce Tightens: Report
Indian authorities will reportedly summon Flipkart and Amazon executives as investigation enhances in the alleged foreign investment law violations, media reports said. The financial crime agency will call on the executives of the ecommerce companies as they step up the investment,
Govt to summon Flipkart and Amazon over breaches of foreign investment law: Report
India's financial crime agency is intensifying its investigation into Flipkart and Amazon for alleged foreign investment law violations. This follows recent raids on sellers associated with these e-commerce giants.
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers, Reuters has reported.
India raids offices of sellers using Amazon, Flipkart platforms, sources say
India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, three government sources said on Thursday.
India to summon Amazon, Flipkart executives as regulatory scrutiny grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers, Reuters has reported.
India to summon Amazon, Flipkart executives as regulatory scrutiny grows: Reuters report
Amazon and Flipkart have maintained they comply with Indian laws, but the Enforcement Directorate has for years been investigating allegations the companies, through select sellers, exert control over inventory of goods.
ED may summon Amazon, Flipkart executives following raids
The Enforcement Directorate 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,
Businessworld
27m
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brandequity.economictimes.indiatimes
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Flipkart's logistics arm Ekart sees 5-fold surge in net loss
E-commerce platform
Flipkart
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Flash, founded by ex-Flipkart exec, launches in the US to help shoppers juggle multiple online orders
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Flipkart Arm Ekart’s Loss Widens Over 5X To INR 1,718 Cr in FY24
Flipkart’s logistics arm Ekart Logistics saw its net losses widen over 5X year-on-year to INR 1,718.4 Cr in FY24.
1d
on MSN
Flipkart's logistics arm Ekart sees 5-fold surge in net loss at Rs 1,718 crore in FY24
E-commerce platform Flipkart's logistics arm reported a more than five times surge in its net losses to Rs 1,718.4 crore last ...
3d
Flipkart Pixel Days Sale November 2024: Get Up to Rs 15,000 Discount on Pixel 9, 9 Pro Fold, and More
Flipkarts Pixel Days sale is now live on the e-commerce site. During the sale, you can avail of a discount of up to Rs 15,000 ...
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Flipkart responds to iPhone price discrepancy
Saurabh Sharma, a
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Why Amazon, Flipkart Have Run into Trouble with the Enforcement Directorate
The Enforcement Directorate (ED) on November 7 raided e-commerce giants Amazon and
Flipkart
for alleged non-compliance with ...
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