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Amazon sues financial crime agency in latest twist of Indian battle
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Amazon.com Inc is taking the financial crime fighting agency to court, seeking to quash an investigation into one of its 2019 deals, a court filing seen by Reuters shows. Enforcement Directorate (ED) has for months been probing Amazon's $200 million investment in India's Future Group for suspected violations of foreign investment laws.
The investment is at the centre of protracted legal battles, as Amazon has used the terms of that deal - and cited contract breaches by Future - to stall the $3.4
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02.01 / 11:05
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WhatsApp ban slapped on almost 2 million Indian accounts
The instant messaging application WhatsApp banned 1,759,000 accounts in India in November 2021 in compliance with IT rules. WhatsApp also revealed that it received 602 grievance reports during this period and took action on 36 of those. Even in October 2021, the Meta-owned messaging platform had banned over 2 million accounts in India. WhatsApp ban does seem huge, but the popular messaging app has more than 400 million users in India.
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