ED investigating Amazon for FDI violations in Future Retail deal : Bulletin: Business Today
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ED investigating Amazon for FDI violations in Future Retail deal

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Rashi Bisaria | January 29, 2021

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ED investigating Amazon for FDI violations in Future Retail deal

The Enforcement Directorate (ED) is investigating e-commerce giant Amazon for alleged violation of foreign exchange laws in its dealings with Kishore Biyani-led Future Retail. The law enforcement agency has filed a case against Amazon after a Delhi High Court bench last month made observations about the deal while hearing Amazon's challenge to acquisition of Future Retail by the Reliance Group.

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