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2 mins read
On 8th year of its operations, Jio achieves 8% of world's mobile data traffic
Today, Jio accounts for 8 per cent of the world's total mobile data traffic, making it the largest …
ANI
2 mins read
A $970 million fashion e-commerce startup in Singapore has suspended its CEO in financial probe: reports
CEO Ankiti Bose disputed Zilingo's board's decision to suspend her and called it a "witch hunt," ac…
Weilun Soon
2 mins read
Journalist Sucheta Dalal records statement on NSE co-location scam, joins probe
The Enforcement Directorate (ED) on has recorded the statement of journalist Sucheta Dalal in conne…
2 mins read
India's Enforcement Directorate begins probe against Amazon for alleged violation of FEMA rules in the Future Retail deal
The probe is being conducted under various sections of the Foreign Exchange Management Act (FEMA…
PTI
4 mins read
Naresh Goyal's 'incessant siphoning of funds' among reasons behind Jet Airways' downfall: ED
et Airways founder Naresh Goyal's "resistance" in diluting his stakes and "incessant siphoning off …
PTI
2 mins read
ED slaps over Rs 9,300 crore FEMA notice against BYJU's, main promoter Raveendran
T he Enforcement Directorate on Tuesday said it has issued a foreign exchange violation show cause …
PTI
1 min read
India's trade deficit widens 139% to $27.98 bn in August
Meanwhile the country's overall exports (including merchandise and services) in August 2022 …
4 mins read
Amazon, Flipkart and other e-commerce platforms may not be able to do flash sales any more, if Indian government has its way
According to the new draft regulations by the Ministry of Consumer Affairs, Food and Public Dis…
2 mins read
As Flipkart and Amazon try to quash India's antitrust investigation, trader lobbies accuse them of 'monopolising e-commerce'
Walmart-owned homegrown e-commerce giant Flipkart and rival Amazon have separately challenged Compe…
2 mins read
Supreme Court jumps in for Amazon and Flipkart after Karnataka High Court remains mum on investigation against their anti-competitive practices for over 200 days
A bench comprising Justices A M Khanwikar, Dinesh Maheswari and Sanjiv Khanna asked the Competition…
PTI
2 mins read
Amazon and Flipkart accused of violating FDI policy — Indian government asks RBI and ED to take action
Bhartia and Khandelwal said that in its communication to ED and RBI, the DPIIT has forwarded…
1 min read
India’s retailers refuse to be mute spectators as Amazon, Paytm and Flipkart allegedly violate the online marketplace model
DIPP had issued a press note on March 29, in which it had described a marketplace-based model of e-…
2 mins read
India’s competition watchdog is probing deals between Amazon, Flipkart and their preferred sellers
The investigation was supposed to be completed in the first week of June. However, additional …
2 mins read
ED to Delhi court: Vivo indulged in money laundering, challenged the integrity and sovereignty of the country
The affidavit was filed before the Delhi High Court last week. The anti-money laundering agency …
2 mins read
Deep discounts given by e-commerce sites a major area of concern: CCI study
New Delhi, Jan 8 () Deep discounting on goods and services offered by large online retailers has em…
PTI
2 mins read
Flipkart's Sachin Bansal moves Madras High Court challenging ED notice
Justice R Mahadevan, before whom the writ petition from Bansal came up for hearing on Friday, pu…
PTI
3 mins read
Lockdown 3.0: People turn to e-commerce for non-essential items; staff crunch may delay deliveries
"Our consumers in orange/ green zones are buying other priority products that they needed the most…
PTI
2 mins read
Flipkart and Tiger Global have a billion dollar notice to respond to in the next 90 days
India’s Enforcement Directorate (ED) has reportedly warned Walmart-owned Flipkart and its founders …
2 mins read
Supreme Court asks Amazon, Flipkart to volunteer for CCI probe
The Supreme Court on Monday declined to entertain a plea by e-commerce giants Amazon and Flipkart, …
2 mins read
Breather for Flipkart as Supreme Court stays order for CCI probe over alleged abuse of dominant position
According to Bar & Bench, the Chief Justice of India Sharad Arvind Bobde-led bench has sough…