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New E-Comm Rules: Flipkart for broad market-driven framework

India’s largest online marketplace Flipkart has requested New Delhi that a broad, market-driven framework for the e-commerce industry be put in place after consultations with the relevant stakeholders. The request came a day after the federal government announced changes in the foreign direct investment...

New norms to ensure balanced growth of e-commerce: Snapdeal

The revised Foreign Direct Investment (FDI) policy on e-commerce would ensure balanced growth of the online industry with gains for both sellers and buyers, said leading e-tailer Snapdeal on Thursday. "The update to the FDI policy on e-commerce will ensure...

Centre tightens e-commerce norms to protect offline stores

The government on Wednesday tightened e-commerce norms and barred online retail firms like Amazon and Flipkart from selling products of companies in which they have stakes, Ministry of Commerce and Industry said in a statement. The online retail firms (e-commerce...

E-commerce to contribute 11 pc of FMCG sales by 2030: Nielsen

E-commerce's contribution to the total FMCG sales is expected to be 11 percent by 2030, according to market research firm Nielsen. E-commerce contributed 0.4 percent to FMCG sales in 2016 and in 2018 it is expected to be around 1.3...

Delivery of goods by drones to boost logistics capabilities

Delivery and pick up of goods by drones will boost logistic capabilities in the country, Union Minister Jayant Sinha said Tuesday. Flying of drones for civilian purposes would be legal from December 1. "E-commerce has already tasted success in India....

Indian e-commerce market to cross US $100 bn by 2022: Report

The Indian e-commerce market would become worth over US $100 billion by the year 2022, with a growth of around 25 percent from the current level, a report said on Friday. There is a need to harmonise the e-commerce policy...

New e-commerce policy draft may curb deep discounts by online retailers

Any group company of an online retailer or marketplace may not be allowed to directly or indirectly influence the price or sale of products and services on its platform, a recommendation in the initial draft of a national e-commerce...

E-commerce and digital ecosystem management report

The global retail landscape is facing a significant shift in the retail value chain. New retail business models and competitors are emerging and traditional store-based retailers face threats from all directions. Click Here To Download The Full Report

CAIT makes strong objections on e-commerce policy

Confederation of All India Traders (CAIT) has attacked the Government for preferential treatment to e-commerce and lamented the step motherly attitude towards domestic trade. While registering its strong protest for not being invited to a meeting on e-commerce last week...

Discounted online sales of direct sellers’ products by e-comm players hits industry

Discounted online sales of products of direct sellers without their consent on platforms like Flipkart, Amazon, Snapdeal and Shopclues is making significant dents on their business, according to India Direct Selling Association (IDSA). According to a PTI report: In its...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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