Flipkart issued showcause notice over megasale

October 14, 2014 14:11

The Enforcement Directorate has issued a showcause notice to e-commerce giant Flipkart seeking a Rs 1000 crore penalty for violating rules during its mega sale. Flipkart's Big Billion Day faced severe criticism from users after facing technical glitches. It also raised concerns among small and big traders that such campaigns would badly affect players in the traditional retail market.

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