Thursday, December 30, 2021

ED summons Amazon India V-P in forex case

The agency is looking into alleged violation of the Foreign Exchange Management Act (FEMA) when Amazon invested ₹1,431 crore to purchase 49% in Kishore Biyani-led Future Coupons Pvt Ltd (FCPL) in 2019 and if it complied with all the applicable regulations.

from Tech-Economic Times https://ift.tt/3eAHVFG
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

OpenAI rolls out ads for US ChatGPT users

OpenAI will start showing ads to users of the free and Go versions of ChatGPT in the US in the coming weeks. The company has also integrated...