India to summon Amazon, Flipkart executives as regulatory scrutiny grows, source says

NEW DELHI, Nov 11 (Reuters) Indias financial crime agency will summon Flipkart and Amazon, opens new tab 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, opens new tab Flipkart and Amazon when their sales are rapidly growing in Indias $70 billion e-commerce market. An Indian antitrust investig

11 Nov 2024 1:09 pm