News Delhi HC orders ED to probe whether ecom companies like Snapdeal, Jabong, Myntra flouted FDI rules

[scorpionking76]

Ooh then it's a clear case of money laundering

 

[IndianMascot]

The main cause of investigation is in india FDI is not allowed for ecom dealing in retail or multi brand retail. So they are accused of using the money they raised from foreign soil is being pumped into the business to offer discounts which is against the policy.

That's really illegal and destroying the market although we are getting benefited from it.