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The warning was issued in a closed door meeting of Ministry of Commerce and Industry
FDI ecommerce rules should not be violated both in letter and in spirit: Piyush Goyal
The companies have however said that they’ve complied with the rules
In a strict warning to global ecommerce marketplaces…
FDI ecommerce policy prohibits marketplaces from controlling over 25% stake in sellers
Flipkart has appointed alpha intermediaries
It recently increased seller commissions on apparel products
Following the changes notified by the government in the FDI policy for…
Amazon claims to have no stake in its sellers
The brands are targeting direct sales
Since February 1, Amazon and Flipkart can’t have more than 25% stake in a seller
As large online marketplaces rush to resolve their supply chain issues to…
The government is examining setting up a regulatory authority
The commerce ministry will discuss core issues of internal trade with traders
DPIIT may also include recent changes in FDI policy for ecommerce
The Confederation of All India Traders (CAIT), a traders’ organisation, has said…
This move was mandated as a part of the new ecommerce guidelines
The etailers are yet to provide seller details on their platform
The mandate was made in order to curb the sale of fake goods via ecommerce platforms
Ecommerce companies such as Flipkart, Amazon, Paytm Mall and Snapdeal are reportedly…
DPIIT is finalising the new draft ecommerce policy
The new policy will include changes in FDI policy for ecommerce
DPIIT is set to hold a meeting with stakeholders
After a thunderous start to 2019 for ecommerce sector with changes in…
Amazon CFO Brian Olsavsky said the rule will affect both users and sellers
Olsavsky added that the company is currently analysing the situation
Prime Now will also stop offering grocery and electronic products
As the revised ecommerce foreign direct investment (FDI) norms came into effect…
DIPP press release on January 31 declined any extension to Feb 1 deadline
This is a step clean the greatly vitiated ecommerce market, says CAIT general secretary
Both Amazon and Flipkart had sought 4-6 months extension to the deadline
After years of protests, nationwide agitations and letters to authorities, traders’ body…
Amazon and Flipkart had sought three to six-month extension
Flipkart had told its private brand partners that business will continue as usual
Amazon had also decreased the visibility of Amazon Exclusive tag
On January 31, the Department of Industrial Policy and Promotion (DIPP) rejected…
The changes are set to come into effect from February 1
NRAI has written to DIPP for clarity on the issue
The restaurant association noted that some food delivery cos work in inventory model
Ahead of February 1 deadline for changes in FDI policy for ecommerce…
Amazon, Flipkart have sought an extension to Feb 1 deadline
Flipkart has removed #OnlyOnFlipkart tag on exclusive products
Amazon is also working around the #AmazonExclusive tag
With a couple of days left to the February 1 deadline for…
Amazon picked up 5% stake in Shoppers Stop in 2017
As part of the deal, Shoppers Stop has six Amazon experience centres in the stores
There has been no change in the partnership yet
