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ED, Amazon and Flipkart
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
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 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 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,
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,
21h
on MSN
Blinkit's BIG Move To Take On Amazon & Flipkart? E-Commerce Company Launches New Service For...
This move could possibly pose a challenge to the traditional e-commerce giants such as Amazon, Flipkart among others.
16h
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 ...
Republic Business on MSN
1d
Why Is ED Probing Amazon, Flipkart: Explained
The Enforcement Directorate is investigating the possible violation of the Foreign Direct Investment (FDI) code agreement ...
4d
CCI to move Supreme Court to break logjam in Amazon, Flipkart anti-trust case
The Competition Commission of India seeks to consolidate multiple high court petitions to expedite the resolution process and ...
19h
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 ...
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 ...
electrive
5d
Indian Amazon rival Flipkart expands delivery fleet to 10,000 EVs
Indian e-commerce giant Flipkart has reached a new milestone in its journey toward carbon-neutral operations by expanding its fleet of electric delivery vehicles to over 10,000 units. The company ...
Hosted on MSN
6d
Swiggy Hiring Amazon, Flipkart Executives To Strengthen Its Hold On E-Commerce Market: Report
Food delivery company Swiggy has been hiring more and more executives from e-commerce firms like Amazon and Flipkart as the ...
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