American retail major Walmart's acquisition of 77 percent stake in Flipkart is good for the retail industry and will create more job opportunities, said Atul Chaturvedi, Additional Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry.
"It's...
The Department of Industrial Policy & Promotion (DIPP) is working on guidelines to ease issues resulting in tug of war between e-tailers and brick and mortar retailers, clarifying that e-commerce retailers are hardly on government radar.
Addressing a session on...