Amazon, Flipkart and ED

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.
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,
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 Looks Into E-Commerce, Begins Investigation Into Amazon, Flipkart On FDI Violations: Report
The report noted that ED is investigating the alleged violations under the Foreign Exchange Management Act (FEMA) that are typically civil offences including monetary penalties
ED to start investigating Flipkart, Amazon's relationship with sellers
The ED is scrutinising whether Amazon and Flipkart controlled vendors in ways that violate regulations, which mandate that these platforms operate purely as intermediaries and not as inventory-based b
ED shifts focus to Amazon and Flipkart ties with preferred sellers
Under India's FDI rules, e-commerce platforms are prohibited from exercising control over vendors and are required to operate solely as neutral intermediaries
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,
After sellers, ED probe zeroes in on vendors of Amazon & Flipkart: Report
ED's aim is to know if the ecommerce majors were exercising control over vendors, which violates FDI rules as they can only act as platforms.
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Why Is ED Probing Amazon, Flipkart: Explained
The Enforcement Directorate is investigating the possible violation of the Foreign Direct Investment (FDI) code agreement ...
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 ...