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ED raids Flipkart, Amazon sellers nationwide for alleged money laundering
short by Pragya Swastik / on Thursday, 7 November, 2024
The Enforcement Directorate (ED) is conducting a pan-India search against several sellers listed with e-commerce platforms like Flipkart and Amazon for alleged money laundering, CNBC-TV18 reported. Delhi, Mumbai, Hyderabad and Bengaluru were among two dozen locations where searches were conducted. Antitrust investigations by CCI found Amazon and Flipkart in violation of local competition laws.
read more at CNBC-TV18