Abhirup Roy
Stories by Abhirup Roy
India court refuses to dismiss antitrust probe against Amazon, Flipkart
The investigation was on hold for over a year after companies challenged it.
India’s Tata sharpens e-commerce focus as rules threaten to transform market
It bought the majority of online grocer BigBasket in May for over $1 billion and in June took control of online pharmacy 1mg.
Walmart’s Flipkart says Indian probe shouldn’t treat it the same as Amazon
The Indian court is likely to pass a written order on the appeals in the coming days.
How shares of India’s Adani Group shed $26b in market value in a week
Three Mauritius funds, among the top foreign investors in Adani group, were reported to be frozen.
Indian market regulator fines Reliance’s Mukesh Ambani, others $3.36m
The fine has been imposed over irregularities in a two-decade-old share issue in the company.
India court says China’s ByteDance must deposit $11m in tax case
The tax probe started in July 2020.
Tiktok owner ByteDance says India’s freeze on bank accounts is harassment
ByteDance India's employees have not been paid their March salaries due to the account freeze.
India freezes bank accounts of China’s ByteDance, company mounts challenge
ByteDance has around 1,300 employees in India, most of whom service its overseas operations.
Global consumer goods giants keep an eye on Reliance Retail’s private label push in India
Reliance’s private label brands include Snac tac noodles and Yeah! colas.
Indian court restrains Future chief from selling assets in dispute with Amazon
The final outcome will determine if Amazon is able to dent the dominance of Reliance.