Earlier (Nov 27) : The Indian government has referred Flipkart and Bharti Walmart to the Enforcement Directorate for alleged violation of FDI regulations. The Minister of State for Commerce & Industry Dr. S. Jagathrakshakan in a written reply to a question in the Lok Sabha, mentioned that the Reserve Bank of India has informed that matters related to Bharti Wal-Mart/ Cedar Support Services Limited and M/s Flipkart Online Services Pvt. Limited, respectively, have been referred to the Directorate of Enforcement for further investigation, and that violation of FDI regulations was covered by the penal provisions of the Foreign Exchange Management Act, 1999 (FEMA).