E-commerce
E-commerce rules don't allow FDI in multi-brand retail, says DIPP
Thu, Jan 03, 2019
The DIPP also said that the government continued to receive complaints that certain marketplace platforms were violating the policy by influencing the price of products and indirectly engaging in the inventory-based model.
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New e-commerce rules regressive, will harm consumers: USISPF
Fri, Dec 28, 2018
The US-India Strategic Partnership Forum (USISPF) has dubbed the new e-commerce rules as "regressive" and said that the changes would harm consumers, create unpredictability and have a negative impact on the growth of online retail in India.
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Got defective product from e-retailers? Now, you will not be at their mercy
Fri, Dec 21, 2018
The bill after being passed in Rajya Sabha will replace the Consumer Protection Act, 1986 and all ecommerce companies will fall under its ambit. Under the new rules, drafted by the consumer affairs department, etailers will have to disclose their business details and seller agreement, besides disclosing how they use consumer data.
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Online buying: E-commerce share in India's FMCG retail sales triples in 2 years
Mon, Dec 17, 2018
Interestingly, categories posting the most significant growth in e-commerce channel included packaged grocery (where 40 per cent of respondents said they made a purchase), fresh groceries, and baby and children products.
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IIT Kharagpur placement: 1,275 offers land in first phase
Sat, Dec 15, 2018
Prominent companies which made offers included Google, Apple, Microsoft, Intel, Tata Steel, Flipkart, L&T Construction, Mahindra & Mahindra, TVS Motors, HSBC, JP Morgan, Qualcomm, Barclays, Goldman Sachs, Master Card and Capgemini.
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Surprise! Walmart Flipkart stake quietly soars to 81.3%
Thu, Nov 22, 2018
Walmart said it is in talks to bring new investors into Flipkart, said the report, and cited one person familiar with the matter saying that Flipkart is in discussions with Google, Intel and existing investor Microsoft to raise more capital.
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Dhanteras 2018: In season of plenty, this is what is killing local sellers sales
Sun, Nov 04, 2018
"Earlier we would get large pre-Diwali orders of 500-700 items like cookers, tiffin sets, but now nobody is looking for such big orders. They only buy one or two items like spoons, steel plates, or bowls," he said. On the other hand, leading e-commerce websites are looking forward to Diwali
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Walmart submits to I-T dept details of tax deducted from each Flipkart investor
Thu, Oct 04, 2018
US retail giant Walmart has submitted to Income Tax authorities its rationale for deducting tax on payments made to some Flipkart shareholders and not to others, a senior official said Wednesday.
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E-commerce cos to deduct 1 pc tax collected at source (TCS) under GST from Oct 1
Fri, Sep 21, 2018
On Thrusday, The Finance Ministry notified TCS at the rate of 0.50 per cent of the net value of intra-state taxable supplies made through the e-commerce portals by other suppliers in the Central Tax law.
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E-commerce cos could get 20 mn shoppers, USD 3 bn sales during festive sale: RedSeer
Sun, Sep 09, 2018
According to RedSeer, the daily gross merchandise value (GMV) during the five-day sale period is expected to be around USD 527 million. GMV refers to the total sales value of merchandise sold through the platform over a certain period of time.
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