Delivery workers emerge as frontline soldiers; govt's political coldness to e-commerce sector seen fading
Though e-commerce companies are still somewhat struggling to fulfill deliveries, everyone—the government, customer, and Indian businesses—is fast realising that online retail cannot be ignored anymore
India hopes to continue FDI growth story in 2020; Centre, states working to provide stable policies for entry of foreign firms
Although the FDI is allowed through automatic route in most of the sectors, certain areas such as defence, telecom, media, pharmaceuticals and insurance, government approval is required for foreign investors.
CAIT urges PM not to yield ground to Walmart, other e-commerce players; says such firms have no regard for Indian laws, policies
CAIT's secretary general Praveen Khandelwal accused e-commerce firms of attempting to directly control India's economy by indulging in 'unfair and monopolistic' business practices
Walmart chief executive Doug McMillon writes to Narendra Modi, seeks stable business atmosphere in country
In April this year, McMillon had said that the retail giant continued to be committed to the Indian market given the huge opportunity that the country presents.
Revised FDI norms for e-commerce firms paralyses functioning of Amazon's Global Store; product range plunges
After the new e-commerce rules came into effect last month, Amazon was forced to take down an array of items from its India website including Echo speakers, batteries and floor cleaners, reported Reuters.
In hindsight, Walmart's acquisition of Flipkart for $16 billion, for a company whose balance sheet is bleeding, is way above any sensible valuation
Morgan Stanley revises estimates: E-commerce sector to touch $200 bn by 2027 after tightening of rules
New e-commerce regulations will pose headwinds to growth in the near term
Amazon in compliance with new rules have begun selling products via sellers in which it has direct, indirect equity stakes
Amazon sees long-term prospects in India, says evaluating changes in FDI rules to avoid 'unintended consequences'
Both Amazon and Flipkart had extensively lobbied (directly as well as through associations and trade bodies) with government officials seeking an extension in deadline after the proposed changes were announced in December.
Amazon has committed to investing $5.5 billion there, while Walmart last year spent $16 billion on Flipkart.
Narendra Modi govt's dilemma: Should Etihad be allowed to raise its stake in Jet Airways jeopardising FDI rules or let airline fail?
Allowing Etihad to take the controls by ousting Jet Airways' founder and majority owner Naresh Goyal would make financial and strategic sense
India Inc expects over 7% growth in next 12 months on the back of policy initiatives taken by govt: Survey
India Inc is upbeat about the future of the economy as growth is to be driven by strong domestic demand and an increased focus on export markets
Traders' body CAIT urges Commerce and Industry Ministry not to allow sale of private labels on e-commerce sites
Private labels -- often sold at lower prices -- allow e-commerce companies to control quality and even offers better margins than big, established brands.