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ED raids offices of sellers using Amazon, Flipkart platforms
The Morning Standard
|November 08, 2024
THE Enforcement Directorate (ED) on Thursday raided some of the sellers related to prominent e-commerce platforms Amazon and Flipkart in the matter related to alleged violation of Foreign Exchange Management Act (FEMA).
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The action follows concerns raised by traders and retailers over FDI violations and anti-competitive practices in quick commerce, e-commerce sector. Sources say the entities raided include Appario Retail, Shreyash Retail, Darshita Retail and Ashiana Retail. Appario Retail, once owned by Amazon, is now part of Clicktech Retail, a seller on Amazon. Both Fli
Cette histoire est tirée de l'édition November 08, 2024 de The Morning Standard.
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