Sunday, November 28, 2021

Amazon India head summoned by ED over alleged Future Group deal irregularities

Amazon India head summoned by ED over alleged Future Group deal irregularities The Enforcement Directorate is examining whether the deal violated India#39;s law on foreign exchange when it invested Rs 1,431 crore to purchase a 49 percent stake in Future Coupons Pvt Ltd (FCPL) in 2019 and if it complied with regulations

from Moneycontrol Business News https://ift.tt/3xy0Ucg

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Short-term volatility may persist, but FII flows and economic activity to keep sentiment positive: Vikas Khemani

Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolutio...