ED raids Amazon and Flipkart offices in New Delhi, Mumbai, and Bengaluru for alleged foreign exchange law violations.

The ED raided offices of some of the sellers registered with Amazon and Flipkart on Thursday over alleged FEMA violations

The Enforcement Directorate (ED) on Thursday conducted raids on multiple sellers across the country -- linked to e-commerce platforms including Amazon and Flipkart -- over alleged money laundering...

New Delhi: In a major crackdown on vendors operating through e-commerce giants Amazon and Flipkart, the Enforcement Directorate on Thursday conducted raids on vendors at 15 to 16 locations in different cities. Multiple locations in Delhi, Gurugram, Hyderabad and Bengaluru were searched in connection with the probe being conducted under the Foreign Exchange Management Act (FEMA), […]

The ED said that it is conducting searches under Foreign Exchange Management Act at 19 premises located in Delhi, Bengaluru, Mumbai, Hyderabad and Panchkula at main vendors of Amazon and Flipkart.

NEW DELHI :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.The searches come weeks after Reuters reported India's antitrust body had

The Enforcement Directorate conducted raids on 19 locations across various states including Haryana, Karnataka, Telangana under the provisions of FEMA. The probe was launched after it was alleged that vendors of e-commerce giants were violating India's FDI rules by influencing sale price of goods.