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FDI in e-commerce

CAIT alleges violation of e-commerce rules by e-commerce firms

Ahead of its 'Bharat Bandh' call on February 26, traders' body CAIT wrote to Prime Minister Narendra Modi raising issues related to the GST regime, and alleging violation of e-commerce rules by major e-tailers. In its letter to the prime minister, the...

Amazon Retail India all set to foray into Tier II & III cities

Amazon’s wholly-owned retailing subsidiary, Amazon Retail India - which forms the Amazon Pantry and Prime Now services that deliver groceries and other household products - is on an expansion spree.The hub-and-spoke model, which is already present in over 100...

Optimistic about Indian market despite changes in new FDI policy: Walmart

US retail major Walmart, which invested $16 billion in Flipkart, Wednesday said it is committed to the Indian market and is optimistic despite recent changes in the FDI policy for e-commerce firms in the country, according to a PTI report.The Bentonville-based retailing major's statement came...

Indian Retail: 5 Highlights of the year 2016

In a year when change became the only constant for India's retail, both brick-and-mortar and e-commerce majors remained on their toes to decipher consumers consumption behavior and demand. Where 2016 brings to an end, years long wild exuberance by online...

A hard landing for e-commerce or a silver lining for the retail sector?

Press Note 3 of 2016 issued by the Indian Government’s Department of Industrial Policy and Promotion provided much needed clarity on online retail or e-commerce, clearly outlining that Foreign Direct Investment was allowed only in marketplace models. In effect, any...

Festive sales by e-tailers a blatant violation of FDI policy: CAIT

Once again the online retailers have began flouting the FDI policy, alleged the Confederation of All India Traders (CAIT). Referring to the festive offers termed as big sales being conducted by the e-commerce companies, it said, this is the...

Amazon first in festive season discount battlefield with Onam store

With festive season around the corner, e-commerce players in India are gearing up to make most of the festivities- which kicks off in August and goes with Onam, the Malayali harvest festival, in early September, and peaks during Diwali,...

Strictly comply with FDI guidelines: Government to online companies

The Government has ordered e-tailers and online marketplaces to strictly comply with the e-commerce guidelines following complaints by offline retailers on advertisements being given by the former in newspapers announcing sales. "In a recent meeting at the Commerce and Industry Ministry, it was made clear to...

Walmart, Brazilian food giant may set up retail chains in India

US retail giant Walmart along with a food company based out of Brazil are interested in setting up stores in India following the Government’s decision to allow 100 per cent foreign direct investment (FDI) in the marketing of locally-produced food items, Food...

FDI in retail: Milestones from 2006 to 2016

Making India the most open economy in the world, Modi Government recently announced its second major reform in FDI soon after its radical changes announced in November last year. The Government, since the beginning, has been taking steps to boost FDI in...
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Korean skincare brand Skin1004 enters India with Tira

The products will be available for purchase online through the Tira app and at  select Tira stores Bengaluru: Korean skincare brand...
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