Difficulties for big e-commerce companies Amazon and Flipkart may increase. The Competition Commission of India (CCI) has requested the Supreme Court to quickly hear the petitions challenging the investigation of these companies. CCI has said that the challenges to the investigation given by Samsung, Vivo and some other companies are aimed at suppressing this investigation….
The scope of investigation by the Enforcement Directorate (ED) has increased against big e-commerce companies Amazon and Flipkart due to alleged violations of laws related to foreign investment. Under this investigation, ED may soon send summons to senior executives of Amazon and Flipkart. These companies say that they follow the laws of the country. However,…
Cases of scams related to cryptocurrency have increased in the last few years. In one such case, the Enforcement Directorate (ED) has questioned actress Tamannaah Bhatia. This inquiry has taken place in the investigation of money laundering case related to ‘HPZ Token’ mobile app. In this, many investors were allegedly defrauded under the guise of…
Binance, one of the major crypto exchanges, recently received approval from the Financial Intelligence Unit (FIU) in the country. Binance is cooperating with law enforcement agencies in investigating crypto-related crimes. Recently this exchange has helped Delhi Police in investigating the case of fraud related to renewable energy. Cryptocurrency worth approximately one lakh USDT (approximately Rs…
Total gross merchandise value (GMV) at payments and financial services firm Paytm grew 35 per cent year-on-year to about Rs 2.65 lakh crore in April and May. Paytm’s average monthly transacting users (MTU) also increased by 24 percent to 9.2 crore in the last two months. in the last few years Paytm Has increased its…
The Enforcement Directorate (ED) has issued summons to actor Ranbir Kapoor in the money laundering case related to Chhattisgarh’s ‘Mahadev Online Book App’ (betting app/online betting) and asked him to be present for questioning on Friday. This information has come to light by quoting PTI. The actor has appeared in several advertisements promoting the app….
Recently, the Enforcement Directorate (ED) had caught the Fiewin gaming scam of $47.5 million (about Rs 400 crore). American crypto exchange Binance has claimed that its intelligence division had helped a lot in exposing this gaming scam. ED had declared it a fraud after catching suspicious transactions related to the Fiewin gaming platform. Binance has…