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Jul 21, 2026 اردو

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Business & Finance

India top court says antitrust probe of Amazon, Walmart's Flipkart should continue

The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation

Published August 9, 2021 Updated August 9, 2021 12:15pm

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By Reuters

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NEW DELHI: India's Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc and Walmart's Flipkart must continue, rejecting demands of the two e-commerce giants to put them on hold.

The Competition Commission of India ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition.

Anti-trust probe: India court quashes Amazon, Walmart’s Flipkart bid

The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.

The three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations.

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Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

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Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.43 ▲ 0.28 (13.02%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	9.30 ▲ 0.98 (11.78%)
Paramount Spinning / Jul 21 Paramount Spinning Mills Limited(PASM)	11.07 ▲ 1.01 (10.04%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	417.05 ▼ -43.37 (-9.42%)
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.80 ▼ -1.29 (-9.16%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	80.66 ▼ -7.17 (-8.16%)
Jubilee Spinning / Jul 21 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50 ▼ -3.79 (-7.05%)
Blessed Tex. / Jul 21 Blessed Textiles Limited(BTL)	945 ▼ -70.74 (-6.96%)
Stylers International / Jul 21 Stylers International Limited(STYLERS)	49 ▼ -3.31 (-6.33%)
Shaheen Ins. / Jul 21 Shaheen Insurance Company Limited(SHNI)	9.60 ▼ -0.64 (-6.25%)
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	10 ▼ -0.61 (-5.75%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	218,393,697 ▼ -0.61
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	100,488,376 ▲ 0.28
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	58,015,801 ▲ 0.69
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	54,019,207 ▼ -0.37
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	24,759,621 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	21,847,498 ▲ 1.08
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	19,251,508 ▲ 0.02
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	18,797,220 ▲ 0.41
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	13,071,916 ▲ 0.15
Unity Foods Ltd / Jul 21 Unity Foods Limited(UNITY)	11,433,602 ▲ 0.42