News digest: Audit of e-commerce firms, insolvency cases, and more

From anti-profiteering body, import duty on textile items and Amazon, BS brings you top stories to keep up with the latest news

Anti-profiteering body turns heat on e-tailers

The National Anti-profiteering Authority (NAA) under the goods and services tax (GST) has stepped up pressure for a pan-Indian audit of the e-commerce industry on the basis of an order linked to Flipkart. NAA Chairman B N Sharma has written to his indirect tax department counterpart for an industry-wide audit after the director general (audit) turned down a request for investigating e-commerce firms.  Read more

Govt hikes import duty on textile items by up to 20%

The government on Tuesday raised import duties on 328 textile products by up to 20 per