ED raids Amazon, Flipkart sellers in foreign investment law violation investigation

The Enforcement Directorate on Thursday conducted raids against some of the "main vendors" operating on e-commerce platforms like Amazon and Flipkart as part of a foreign investment "violation" investigation, official sources said. ED raided a total of 19 premises of these "preferred" vendors located in Delhi, Gurugram, Hyderabad (Telangana) Panchkula (Haryana), and Bengaluru (Karnataka) as part of the action, they added.

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