GhanaianTimes
India’s financial crime agency will summon Flipkart and Amazon (AMZN.O), executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms’ sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned (WMT.N), …
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India to summon Amazon, Flipkart executives as regulatory scrutiny grows, source says
India’s financial crime agency will summon Flipkart and Amazon (AMZN.O), executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms’ sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned (WMT.N), …