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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
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, a government source told Reuters.
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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,
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Probe Agency Searches Amazon Vendors Over Foreign Exchange Violation: Report
The Enforcement Directorate Thursday conducted searches against some of the "main vendors" operating on platforms of e-commerce giants Amazon and Flipkart as part of a foreign direct investment "violation" investigation, official sources said.
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ED Said to Have Raided Offices of Sellers Operating on Amazon and Flipkart
India's ED has raided offices of some sellers operating Amazon and Walmart-owned Flipkart. One senior government source said raids were being carried out in New Delhi, Mumbai and Bengaluru, but did not give names of sellers whose offices were being raided.
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Competition Commission of India Recalls Flipkart Antitrust Probe Report After Xiaomi Complaint
In a lengthy investigation that started in 2020, the CCI found Flipkart gave preference to select sellers and prioritised certain listings and also colluded with companies like Xiaomi, Samsung and Vivo to launch phones exclusively on their websites. The watchdog has now told recipients of the Flipkart report to destroy it and give an undertaking to...
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Upgrade Your Tech Game: Explore Amazing Deals On MSI Core i5 Laptops At Flipkart
Flipkart brings you exclusive discounts on MSI Core i5 laptops. Whether you're working from home, gaming, or simply browsing, these laptops offer incredible performance at unbeatable prices.
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Flipkart Big Diwali 2024 Sale Offers Revealed: Best Deals on iPhone, Samsung, Motorola and Nothing Phones
Flipkart Big Diwali 2024 Sale starts on Sunday (October 20) for Flipkart Plus and VIP customers and a day later for all other customers. It will run alongside the ongoing Amazon Great Indian Festival Sale. Here are some of the top discounts on several smartphones during the upcoming Flipkart sale event.
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Upgrade Your Wardrobe: Discover Amazon's Best Deals On Mens T-Shirts From Levi's, Allen Solly, And More
Looking to refresh your wardrobe without breaking the bank? Flipkarts exciting sale on men's t-shirts from top brands like Levi's, Allen Solly and U.S. Polo Assn. offers unbeatable deals on high-quality fashion essentials.
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Samsung Galaxy Ring India Launch Confirmed, Pre-Reservations Go Live: Offers, Benefits, Availability
Samsung Galaxy Ring was announced in July this year at the Galaxy Unpacked event in Paris, where the company launched the Galaxy Z Fold 6 and Galaxy Z Flip 6 foldable smartphones. The Galaxy Smart Ring, the first of its kind from the South Korean tech giant, is offered globally in three finishes and nine sizes. The wearable will be available for pu...
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Sparkle In Style: Amazon Great Indian Festival Brings Limited-Period Deals On Silver Jewellery From Zavya, High Spark And More
If you're a fan of elegant jewellery, Flipkart's Big Shopping Utsav offers amazing discounts on stunning silver pieces from HighSpark and Clara. From pearls to zirconia, this sale has something for everyone.
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Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
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iPhone 13 at Rs. 37,999 on Amazon vs iPhone 14 at Rs. 49,999 on Flipkart: Which Is a Better Deal?
Amazon is offering the iPhone 13 for purchase at its lowest ever price of Rs. 37,999, inclusive of bank discounts, while the iPhone 14 is available for Rs. 49,999 with bank discounts from Flipkart. Read on to know which deal is better during the ongoing Amazon Great Indian Festival Sale and Flipkart's Big Billion Days Sale.
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Amazon Great Indian Festival Sale 2024 Begins for Prime Members: Check Top Deals Here
Amazon Great Indian Festival is now live for Amazon Prime members, a day before the e-commerce giant's biggest annual sale event opens for all customers. From smartphones to laptops, tablets, and accessories, there are discounts on several products during the ongoing Amazon sale.
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Opinion | How Amazon And Flipkart Missed The '10-Minute' Bus
With India's young and middle-class shoppers expecting everything - from groceries to electronics - delivered in under 10 minutes, quick-commerce has gone mainstream.
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Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
![[Partner Content] OPPO F27 Pro+ 5G: Testing India's Most Durable Phone](https://c.ndtvimg.com/2024-06/f2kd0anc_oppo-f27_640x480_17_June_24.jpg?downsize=245:163 "[Partner Content] OPPO F27 Pro+ 5G: Testing India's Most Durable Phone")
![[Partner Content] OPPO Enco Air3 Pro: Beautifully Crafted Audio Powerhouse](https://c.ndtvimg.com/2023-07/tdo2icr_image_640x480_28_July_23.jpg?downsize=245:163 "[Partner Content] OPPO Enco Air3 Pro: Beautifully Crafted Audio Powerhouse")
![[Sponsored] Faber Dishwashers Now Available on Faberkart, Amazon, and Flipkart](https://c.ndtvimg.com/2021-04/i9nnj6u8_dishwasher_640x480_01_April_21.jpg?downsize=245:163 "[Sponsored] Faber Dishwashers Now Available on Faberkart, Amazon, and Flipkart")
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
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, a government source told Reuters.
-
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,
-
Probe Agency Searches Amazon Vendors Over Foreign Exchange Violation: Report
The Enforcement Directorate Thursday conducted searches against some of the "main vendors" operating on platforms of e-commerce giants Amazon and Flipkart as part of a foreign direct investment "violation" investigation, official sources said.
-
ED Said to Have Raided Offices of Sellers Operating on Amazon and Flipkart
India's ED has raided offices of some sellers operating Amazon and Walmart-owned Flipkart. One senior government source said raids were being carried out in New Delhi, Mumbai and Bengaluru, but did not give names of sellers whose offices were being raided.
-
Competition Commission of India Recalls Flipkart Antitrust Probe Report After Xiaomi Complaint
In a lengthy investigation that started in 2020, the CCI found Flipkart gave preference to select sellers and prioritised certain listings and also colluded with companies like Xiaomi, Samsung and Vivo to launch phones exclusively on their websites. The watchdog has now told recipients of the Flipkart report to destroy it and give an undertaking to...
-
Upgrade Your Tech Game: Explore Amazing Deals On MSI Core i5 Laptops At Flipkart
Flipkart brings you exclusive discounts on MSI Core i5 laptops. Whether you're working from home, gaming, or simply browsing, these laptops offer incredible performance at unbeatable prices.
-
Flipkart Big Diwali 2024 Sale Offers Revealed: Best Deals on iPhone, Samsung, Motorola and Nothing Phones
Flipkart Big Diwali 2024 Sale starts on Sunday (October 20) for Flipkart Plus and VIP customers and a day later for all other customers. It will run alongside the ongoing Amazon Great Indian Festival Sale. Here are some of the top discounts on several smartphones during the upcoming Flipkart sale event.
-
Upgrade Your Wardrobe: Discover Amazon's Best Deals On Mens T-Shirts From Levi's, Allen Solly, And More
Looking to refresh your wardrobe without breaking the bank? Flipkarts exciting sale on men's t-shirts from top brands like Levi's, Allen Solly and U.S. Polo Assn. offers unbeatable deals on high-quality fashion essentials.
-
Samsung Galaxy Ring India Launch Confirmed, Pre-Reservations Go Live: Offers, Benefits, Availability
Samsung Galaxy Ring was announced in July this year at the Galaxy Unpacked event in Paris, where the company launched the Galaxy Z Fold 6 and Galaxy Z Flip 6 foldable smartphones. The Galaxy Smart Ring, the first of its kind from the South Korean tech giant, is offered globally in three finishes and nine sizes. The wearable will be available for pu...
-
Sparkle In Style: Amazon Great Indian Festival Brings Limited-Period Deals On Silver Jewellery From Zavya, High Spark And More
If you're a fan of elegant jewellery, Flipkart's Big Shopping Utsav offers amazing discounts on stunning silver pieces from HighSpark and Clara. From pearls to zirconia, this sale has something for everyone.
-
Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
-
iPhone 13 at Rs. 37,999 on Amazon vs iPhone 14 at Rs. 49,999 on Flipkart: Which Is a Better Deal?
Amazon is offering the iPhone 13 for purchase at its lowest ever price of Rs. 37,999, inclusive of bank discounts, while the iPhone 14 is available for Rs. 49,999 with bank discounts from Flipkart. Read on to know which deal is better during the ongoing Amazon Great Indian Festival Sale and Flipkart's Big Billion Days Sale.
-
Amazon Great Indian Festival Sale 2024 Begins for Prime Members: Check Top Deals Here
Amazon Great Indian Festival is now live for Amazon Prime members, a day before the e-commerce giant's biggest annual sale event opens for all customers. From smartphones to laptops, tablets, and accessories, there are discounts on several products during the ongoing Amazon sale.
-
Opinion | How Amazon And Flipkart Missed The '10-Minute' Bus
With India's young and middle-class shoppers expecting everything - from groceries to electronics - delivered in under 10 minutes, quick-commerce has gone mainstream.
-
Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
