Here's why the Enforcement Directorate (ED) has summoned Amazon India executives
The Enforcement Directorate has summoned officials from Amazon India and Future Group over alleged violations of foreign investment rules.
Source: medianama.com
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Amazon India Boss Amit Agarwal Boss Summoned Over Alleged Irregularities In Future Group Deal
Amazon India head Amit Agarwal has been summoned by the Enforcement Directorate next week over alleged irregularities in a deal with Future Group, sources have said. Amazon had bought 49 per cent stake in Future Retail.
Source: ndtv.com
Amazon India Head Summoned By ED Over Future Group Deal Irregularities
Amazon India head has been summoned by ED. The ED is determining whether Amazon breached the Foreign Exchange Management Act in its Rs 1,431 crore deal to purchase a 49 per cent stake in Future Coupons Pvt Ltd in 2019.
Source: outlookindia.com
Jeff Bezos Vs Mukesh Ambani In Future-Reliance Deal
Bezos wins the first point as Supreme Court rules in favour of Amazon, and puts on hold the $4.3 billion deal.
Source: outlookindia.com
CCI accuses Amazon of hiding facts in Future deal
CCI accuses Amazon of hiding facts in Future deal BusinessToday.In © Provided by Business Today CCI accuses Amazon of hiding facts in Future deal Competition Commission of India (CCI) has accused Amazon of concealing facts and making false submissions when it sought approval for an investment in Future Group. In a show cause notice, CCI said that Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the deal. In the show-cause notice, the regulator said, "The representations and conduct of Amazon b...
Source: msn.com