ED raids some sellers on Amazon and Flipkart over FEMA violations

The Enforcement Directorate (ED) has conducted raids on several ‘prominent vendors’ operating on Amazon and Flipkart platforms as part of an investigation into alleged violations of foreign direct investment (FDI) regulations, a report has said.
According to news agency PTI, the searches have been conducted at 19 premises across Delhi, Gurugram, Panchkula, Hyderabad and Bengaluru. Reportedly, the ED inspected documents and took copies of some from the premises of about six such vendors who were not named.

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