News Muncher - searching for amazon

1 month ago

ED likely to summon top Amazon, Flipkart executives over FDI rule violations

Top executives of e-commerce giants Amazon and Flipkart are under the scanner of the Enforcement Directorate over alleged violations of foreign investment regulations, sources have told India Today. The development follows extensive searches conducted by the ED at over 19 locations associated with vendors of Amazon and Flipkart across Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula. The ED's investigation stems from …

India Amazon Flipkart Fdi

1 month ago

ED to start investigating Flipkart, Amazon's relationship with sellers

Firstpost

The ED is scrutinising whether Amazon and Flipkart controlled vendors in ways that violate regulations, which mandate that these platforms operate purely as intermediaries and not as inventory-based businesses Nationwide searches were conducted earlier this month at 19 sites linked to prominent sellers of Amazon and Flipkart in New Delhi, Bengaluru, and Hyderabad. Image Credit: Reuters The Enforcement Directorate is …

India Investigation Amazon Companies Sellers Flipkart Fdi

Amazon, Flipkart face FEMA violation probes; ED conducts pan-India raids

Firstpost

A probe has been initiated by the federal agency under the provisions of the Foreign Exchange Management Act after it received several complaints against the two large e-commerce companies where it is alleged that they were ”violating India’s FDI rules New Delhi: The Enforcement Directorate Thursday conducted searches against some of the ”main vendors” operating on platforms of e-commerce giants …

India Delhi Companies Fema Small Flipkart Fdi

1 year, 11 months ago

Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI

Deccan Chronicle

HYDERABAD: In one of the highest Foreign Direct Investments into Telangana, Amazon Web Services announced on Friday that it would increase its investment from its previously committed Rs 20,096 crore in 2020 to Rs 36,300 crore by 2030. Amazon Web Services will invest in its three Hyderabad data centre campuses at Chandanvelly, FAB City, and Pharma City in phases. The …

India Hyderabad Data Investment Amazon Cloud Telangana

3 years, 5 months ago

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify

India TV News

As e-commerce regulations are tightened, the fight between foreign companies Amazon, Flipkart, and Indian companies Reliance, Tata Group is set to intensify. 100% FDI is allowed in marketplace but regulations are evolving - 2018 rules pushed Amazon to reduce stake in a key seller. However, in 2021, there have been amendments to those rules, still at a draft stage and …

India Regulations Amazon Indian Tata Marketplace Flipkart

3 years, 5 months ago

Union government’s new e-commerce rules target Amazon and Flipkart-Walmart

The Hindu

T he National Democratic Alliance government has decided to further tighten its regulation of e-commerce, taking on foreign giants such as Amazon and Flipkart-Walmart in particular, with implications for domestic organised retail majors such as Reliance. Specifically, the guidelines noted that 100 per cent FDI under the automatic route is permitted only in a marketplace model of e-commerce, where the …

Consumer Services Commerce Amazon Rules Cent Walmart

3 years, 6 months ago

India receives $64 bln FDI in 2020, fifth largest recipient of inflows in world: UN

India TV News

India received USD 64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report which said the COVID-19 second wave in the country weighs heavily on the country's overall economic activities but its strong fundamentals provide “optimism” for the medium term. Announced greenfield projects in India contracted by 19 …

India World Asia Investment South Asia Report Covid

3 years, 10 months ago

Documents Reveal Amazon's Secret Strategy to Dodge Indian Regulators after Govt Eased FDI Norms

News 18

It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. That information, the note advised, was “Sensitive/not for disclosure.” Other company documents reveal equally touchy information: Two more sellers on the e-commerce giant’s India platform – merchants in which Amazon had indirect equity stakes – accounted for around 35% of the platform’s sales …

Indian Online Online Sales Company Bezos Reuters Small

3 years, 10 months ago

ED Initiates Probe Against Amazon Under Foreign Exchange Management Act

News 18

The Enforcement Directorate has initiated a probe against e-commerce giant Amazon for alleged violation of the foreign exchange law and rules of the country, official sources said on Thursday. The probe is being conducted under various sections of the Foreign Exchange Management Act after the central probe agency recently received a communication from the Commerce Ministry seeking “necessary action” against …

Future Amazon Fema Bse Act Flipkart Fdi

3 years, 11 months ago

Delhi High Court Issues Notice To Future Retail, Reliance in Amazon Appeal Against December Order

Live Law

The Delhi High Court today issued notice on Amazon's appeal against Single Judge Bench Justice Mukta Gupta's order on Future Retail's plea on the Reliance-Future Rs. Harish Salve appeared for Future Retail Ltd. Subramanium submitted that even though the single judge bench had ordered that the Emergency Arbitrator was not coram non judice, and the order was valid, by holding …

India Singapore Retail Future Emergency Court Amazon

3 years, 11 months ago

Govt to Asks ED, RBI to Take Action Against Amazon, Flipkart on Violation of FDI Policy, FEMA

News 18

In a significant development related to disputes between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders for blatant violation of FDI Policy and Foreign …

India Amazon Violation Fema Flipkart Fdi Cait

3 years, 11 months ago

Centre Directs ED, RBI to Act Against Amazon and Flipkart for FDI, FEMA Violations

News 18

In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders alleging blatant violation of FDI Policy and Foreign …

India Amazon Violation Fema Act Flipkart Fdi

4 years ago

Amazon Vs Future Retails- Delhi High Court Rejects Future Retails's Plea For Interim Injunction Against Amazon-Read Order

Live Law

Future Retail Ltd suffered a set back on Monday as the Delhi High Court refused to allow its plea for interim injunction to restrain Amazon Inc from writing to Indian statutory authorities objecting to FRL's proposed asset sale to Reliance group.A single bench of Justice Mukta Gupta refused to grant any interim reliefs on FRL's plea it to direct Amazon …

India Singapore Retail High Court Future Emergency Amazon

4 years, 1 month ago

Delhi HC Reserves Order On Maintainability Of Future Group's Plea Seeking Injunction On Amazon's Interference In Deal With Reliance Retail

Live Law

The Delhi High Court has reserved order on the maintainability of a plea by Kishore Biyani-led Future Retail Ltd seeking an ad-interim injunction against Amazon Inc for sending letters to various regulatory authorities writing about an injunction award by an Emergency Arbitrator against Future Retail Ltd's acquisition by Reliance Industries Ltd's entities for about Rs. The case relates to a …

Law India Delhi Emergency Amazon Indian Reliance

4 years, 1 month ago

Amazon May be on the Wrong Side of India’s FDI Rulebook for Multi-brand Retail on Dispute with Future Retail

News 18

Here is a sentence, which sounds innocuous and laced with bureaucratese at first glance, that may well be read and re-read several times and subjected to rigorous legal interpretation in the coming weeks. This sentence is from Clause of Section 5.2.15.4 titled “Multi-brand Retail Trading” of India’s “Consolidated FDI Policy”, an umbrella rulebook that contains micro-details of foreign investment regulations …

India Amazon Deal Reliance Fdi Frl Future Retail

4 years, 1 month ago

Amazon-Future Deal: Possible Case of Tail Wagging the Dog

News 18

A controversial deal made by Amazon with an arm of Future group in August last year has put the US e-commerce giant at odds with both Future group founder Kishore Biyani and Reliance Retail, which acquired the assets of the troubled retailer in August this year. Here is how Amazon is trying to accomplish this feat: On August 12, 2019, …

Retail Future Rights Amazon Assets Control Agreement

4 years, 1 month ago

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges

News 18

Traders' body CAIT on Wednesday accused e-commerce major Amazon of violating FDI policy and Foreign Exchange Management Act norms, a charge which the multinational company denied. The traders' body in a letter to Commerce Minister Piyush Goyal alleged that the online retailer has not sought the government's approval for conducting multi-brand retail activities in India and demanded action and imposition …

India Retail Investment Amazon Goyal Traders Fdi

Filters

Articles for Fdi, search results for amazon

ED likely to summon top Amazon, Flipkart executives over FDI rule violations

ED to start investigating Flipkart, Amazon's relationship with sellers

Amazon, Flipkart face FEMA violation probes; ED conducts pan-India raids

Amazon to invest Rs 36,300 crore in Hyderabad, TS gets highest FDI

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify

Union government’s new e-commerce rules target Amazon and Flipkart-Walmart

India receives $64 bln FDI in 2020, fifth largest recipient of inflows in world: UN

Documents Reveal Amazon's Secret Strategy to Dodge Indian Regulators after Govt Eased FDI Norms

ED Initiates Probe Against Amazon Under Foreign Exchange Management Act

Delhi High Court Issues Notice To Future Retail, Reliance in Amazon Appeal Against December Order

Govt to Asks ED, RBI to Take Action Against Amazon, Flipkart on Violation of FDI Policy, FEMA

Centre Directs ED, RBI to Act Against Amazon and Flipkart for FDI, FEMA Violations

Amazon Vs Future Retails- Delhi High Court Rejects Future Retails's Plea For Interim Injunction Against Amazon-Read Order

Delhi HC Reserves Order On Maintainability Of Future Group's Plea Seeking Injunction On Amazon's Interference In Deal With Reliance Retail

Amazon May be on the Wrong Side of India’s FDI Rulebook for Multi-brand Retail on Dispute with Future Retail

Amazon-Future Deal: Possible Case of Tail Wagging the Dog

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges