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/3E2l7JU

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...