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ECOMMERCE FDI RULES
Swiggy fails to clear shareholder hurdle in bid to recast itself as Indian-owned companyIn an exchange filing on Thursday, Swiggy stated that its resolution on the Amendment of Articles of Association received 72.36 per cent vo...- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Swiggy moves to become India-owned company, eyes fewer FDI restrictionsSwiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned a...
- India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.
- For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
- 2021 Year in Review: The chaos and confusion around India’s ecommerce rulesHere's a review of the key developments in the ecommerce space in 2021.
- Niti Aayog rejects key parts of ecommerce draft rulesThe Niti Aayog was responding to amendments proposed to the Consumer Protection (E-Commerce) Rules, 2020. It pointed out that issues relate...
- Industry bodies disagree on whether India needs new rules for FDI in e-commerceAt a meeting called by DPIIT, Nasscom, CII and Assocham spoke in favour of retaining Press Note 2, which amends and tightens India’s existi...
- FDI reforms: What the Union Budget 2021 could have done betterIt is time that the Government takes a clear, objective and a pragmatic view on FDI in e-commerce business and provides a permanent remedy ...
- India planning tighter FDI rules for e-commerce sectorFDI Rules for E-Commerce: DPIIT may issue a clarification through a Press Note, expressly prohibiting e-commerce platforms — such as Amazon...
- Myntra reshuffles cabinet to comply with FDI rulesFlipkart’s subsidiary Myntra has clarified that it does not own any equity stake in sellers on its platform.
- Amazon, Flipkart sales fall a third as FDI norms kick inThe curbs bar some of the business practices that foreign funded companies followed.
- Activists cheer new ecomm norms, many for applying rules to local companiesGlobal antitrust practitioners are lauding the new FDI in ecommerce rules and said the new rules will prevent technology companies from for...
- No iPhones, delivery of Echo speakers will take a month. Amazon hit hard by new ecomm rulesThe policy has also affected in-house brands like Solimo and Amazon Basics. All items in these categories are unavailable and there is no c...
- Ecommerce FDI rules: Companies seek extension of deadlineFebruary 1 deadline may not be enough for ecomm giants as new norms are likely to require sweeping changes.
- Realme, OnePlus seek clarity on tweaks in FDI in e-commerce policyLast month, the government tightened the FDI rules in the ecommerce space that bar online marketplaces from inking exclusive deals for prod...
- E-commerce rules do not allow foreign investment in multi-brand retail: DIPPInventory-based model not only violates the FDI policy on e-commerce but also circumvents the FDI policy restrictions on multi-brand retail...
- New e-comm FDI norms show lack of predictability: American advocacy groupSince India and US are negotiating a plethora of issues in a trade package, the new norms “become cumbersome and painful”, the group said.
- CAIT demands regulatory authority for online retailersAlthough e-commerce has introduced significant choices for Indian consumers and customers, it has also given rise to many disputes.
- Marketplace model used by ecommerce companies not recognised under India’s FDI policy: DIPPThe department has also suggested that it’s up to the financial watchdogs to investigate whether there has been any violation of FDI rules ...
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