ED said to quiz Apple, Xiaomi in Amazon, Flipkart probe

 


The Enforcement Directorate has privately sought sales data and other documents from smartphone players, including Apple and Xiaomi, as part of a probe into Amazon and Walmart-owned Flipkart, sources familiar with the matter said. The agency's queries come in the backdrop of India and the United States nearing a trade deal. The protectionist e-commerce regulations in India have been part of those discussions, according to an official. 

Comments

Post a Comment

Popular posts from this blog

AI could reshape half of the roles in India's banking sector: Report

  Boston Consulting Group reports that AI adoption could reshape 35-50% of Indian banking jobs, addressing limited productivity gains despite increased IT spending. Banks are urged to embrace technology to overcome cost structure challenges. The report also highlights the need for faster credit growth to support India's development goals and concerns over the slow expansion of credit access to new customers.
Read more

Book review for May

                       The One Minute Manager  1. About the Author: The One Minute Manager was co-authored by Ken Blanchard and Spencer Johnson . Ken Blanchard is a leadership expert and management consultant known for his practical business advice. Spencer Johnson , a physician and psychologist, is also famous for his parable-style business writing, including Who Moved My Cheese? 2. Context of the Book: First published in 1982 , The One Minute Manager emerged during a period of rising interest in employee productivity and management efficiency . The book simplifies core management principles into an easy-to-follow narrative through a fictional story involving a young man's search for effective management. 3. Purpose of the Book: The book aims to show how managers can achieve better results in less time by applying three simple techniques. It's meant to improve productivity, communication, and job satisfact...
Read more

SC junks JSW's Resolution Plan for Bhushan Steel

  Resolution Professional utterly failed to discharge his statutory duties contemplated under the IBC and CIRP regulations during the course of entire CIR proceedings, says Justice Trivedi T he Supreme Court, in a judgment, on Friday rejected the Resolution Plan submitted by JSW Steel for Bhushan Power and Steel Ltd. (BPSL The National Company Law Appellate Tribunal had previously approved the Resolution Plan "The judgment passed by the NCLAT in allowing the company appeal of JSW and issuing the direc tions without any authori ty of law and without juris diction is perverse, coram non judice and liable to be set aside," a Bench headed by Justice Bela M. Trivedi said. The court found the Resolution Plan in "fla "What we have learned was that having everything Strong rebuke: The CoC had failed to protect the interest of the creditors by taking contradictory stands, the SC said. grant violation and contra vention of the law. "The Resolution Professional had utterl...
Read more