ED searches 19 premises of Amazon, Flipkart vendors in Fema probe
By
Binu Mathew
The Enforcement Directorate Thursday conducted searches against some “main vendors” operating on e-commerce platforms of giants like Amazon and Flipkart as part of a foreign investment “violation” investigation, official sources said.
A total of 19 premises of these “preferred” vendors located in Delhi, Gurugram and Panchkula (Haryana), Hyderabad (Telangana) and Bengaluru (Karnataka) were covered as part of the action, they said.