Government to maintain status quo on FDI in e-trading

NEW DELHI: The government on Friday said there was no change in the foreign investment policy for online retail and the reference to e-commerce in the guidelines for multi-brand retail was merely a reiteration of its earlier position. The earlier ban on FDI in B2C e-commerce continues. Foreign retailers such as Walmart will not be allowed to do e-commerce in the country, the government said.