Walmart International CEO Judith McKenna meets Piyush Goyal to discuss local sourcing norms for domestic market
Walmart International President and CEO Judith McKenna has met Commerce and Industry Minister Piyush Goyal to discuss local sourcing norms for the domestic market
Mohandas Pai backs new FDI norms for e-commerce, says global players use abusive, predatory pricing to drive out local businesses
Even as the industry continues to raise concerns over the new FDI norms governing the e-commerce space, former Infosys chief financial officer Mohandas Pai on Wednesday said it is a move in the right direction
US retail giant Walmart-backed Flipkart on Friday said it is disappointed with the Indian government's decision to implement the changes in rules for e-commerce companies with foreign investment in "haste"
The government will from 1 February impose restrictions on how e-commerce firms operate, including barring them from selling products from firms in which they have an equity interest, leading to protests from Amazon and Flipkart.
New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellers
The domestic lobby has succeeded in convincing the government that friendliness towards FDI in e-commerce should not hamper healthy competition
Though everyone wants to sell products at 'exciting' prices cashing in on festival period sales, aggressive discounts can impact the brand’s credibility with the trade
According to analysts, this year's festive sales may be impacted by recent guidelines by DIPP that bar e-commerce players from doling out discounts
The recently introduced e-commerce policy is unlikely to change the discounting model of online marketplaces in the near-term, says India Ratings and Research