India’s Financial Crime Agency Raids Amazon and Flipkart Seller Offices Amid Foreign Investment Probe
In a significant escalation of ongoing tensions, India’s Enforcement Directorate (ED) has conducted high-profile raids on the offices of several sellers operating on Amazon and Walmart-owned Flipkart. The raids, which were carried out in New Delhi, Mumbai, and Bengaluru, are part of an investigation into alleged violations of foreign investment laws, according to two senior … Read more