E-commerce discount woes: DPIIT wants Amazon, Flipart to name top 5 sellers, price of vendors, fund flow, business model
The move by DPIIT comes after Commerce Minister Piyush Goyal last week warned of strict action against e-commerce companies if they were found violating India's e-commerce policy.
Commerce ministry to soon seek Cabinet nod for Multi-Modal Transportation of Goods Bill: Piyush Goyal
Multi-modal transportation includes a combination of more than one mode of movement, such as rail, road or sea, for end-to-end delivery of goods
FDI helps in improving the country's balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar.
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Currently, online sale by a single-brand retail player is allowed only after opening of physical outlet.
Restaurants in dilemma after govt makes changes in FDI norms for e-commerce firms, seek clarification
NRAI had approached the DIPP early this month seeking clarity if online food companies should comply with the FDI guidelines.
Walmart India closed fiscal 2017 with a topline of Rs 3,609 crore, up around 14 percent, according to government filing.
In its detailed order clearing the deal, the CCI has said the deal is "not likely" to have an appreciable adverse effect on competition in India.
AirAsia case: Tata Trusts reposes faith in R Venkataramanan, says its offices not raided by investigative agencies
The trustees of Tata Trusts reposed their faith in R Venkataramanan, who is non-executive director and a nominee of Tata Sons on the Board of AirAsia India
Tim Cook was in India recently and started his trip with lord Ganesha’s blessings to probably elevate the falling sales by setting the ball rolling in India.
Easing foreign direct investment (FDI) norms, Reserve Bank has allowed companies to issue equity shares to a resident outside India against any type of fund subject to certain conditions.
The BSE Sensex opened at 19958.46, up 0.54 percent while the Nifty opened at 5981.65, up 0.44 percent.
The notification of Press note 2 and 3 of the Department of Industrial Policy and Promotion (DIPP), which has been pending for the last four years, will be used to ensure that foreign direct investments comply with FDI ceilings and other norms.