The major FDI, E-commerce investors Flipkart and Bharti Walmart are under the charge of irregulating voilation act and for that a special investigation has been asked by the Enforcement Directorate.
Among the companies which are violating the Foreign Direct Investment (FDI) policy in retail market, the RBI has taken to Bharti Wal-Mart/Cedar Support Services Ltd and Flipkart Online Services, respectively. Read more
The Reserve Bank of India [RBI] on Monday has announced a series of steps which according to RBI will help to improve the national currency and the economy.