India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers, Reuters has reported...

We recently compiled a list of the 10 AI News and Ratings Investors Should Not Miss. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other AI stocks in the news. As demand for AI-powered applications grows, major tech firms are investing in alternative eneergy solutions to […]...