Traders’ body CAIT to launch nation-wide movement against Amazon, Flipkart
5 years, 2 months ago

Traders’ body CAIT to launch nation-wide movement against Amazon, Flipkart

Live Mint  

Traders' body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country's retail business. In a statement, the Confederation of All India Traders said, "Both Amazon and Flipkart still continue to sell goods on their portal at predatory pricing, deep discounting, controlling inventory, promoting preferential sellers and influencing prices." CAIT Secretary General Praveen Khandelwal criticised the attitude of Amazon and Flipkart and said the traders' body is all set to launch a national movement on this issue soon. Khandelwal informed about the different phases of the movement and said that on November 13, CAIT delegations will submit a memorandum to all MPs of Lok Sabha and Rajya Sabha across the country.

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History of this topic

ED to start investigating Flipkart, Amazon's relationship with sellers
1 month, 3 weeks ago

ED to start investigating Flipkart, Amazon's relationship with sellers

Firstpost  

The ED is scrutinising whether Amazon and Flipkart controlled vendors in ways that violate regulations, which mandate that these platforms operate purely as intermediaries and not as inventory-based businesses Nationwide searches were conducted earlier this month at 19 sites linked to prominent sellers of Amazon and Flipkart in New Delhi, Bengaluru, and Hyderabad. Image Credit: Reuters The Enforcement Directorate is …

Flipkart, Amazon under scrutiny for foreign investment violations: Report
Trending News
2 months ago

Flipkart, Amazon under scrutiny for foreign investment violations: Report

India Today  

The government is planning to summon executives from Flipkart and Amazon as part of a deeper investigation into possible violations of foreign investment rules, reported news agency Reuters. The action highlights the rising regulatory scrutiny faced by Walmart-owned Flipkart and Amazon, both of which are experiencing rapid growth in India’s Rs 70 billion e-commerce market. Following last week’s raids on …

ED raids offices of Flipkart and Amazon sellers across India due to alleged violations of foreign investment rules
2 months ago

ED raids offices of Flipkart and Amazon sellers across India due to alleged violations of foreign investment rules

India Today  

India’s financial crime agency, the Enforcement Directorate, has conducted raids on sellers associated with Amazon and Walmart-owned Flipkart, targeting alleged violations of the country's foreign investment rules. This latest probe follows findings from India’s antitrust body, which concluded that both Amazon and Flipkart, along with some of their sellers, violated competition laws by favouring specific sellers. This investigation marks yet …

Amazon, Flipkart face FEMA violation probes; ED conducts pan-India raids
Trending News
2 months ago

Amazon, Flipkart face FEMA violation probes; ED conducts pan-India raids

Firstpost  

A probe has been initiated by the federal agency under the provisions of the Foreign Exchange Management Act after it received several complaints against the two large e-commerce companies where it is alleged that they were ”violating India’s FDI rules New Delhi: The Enforcement Directorate Thursday conducted searches against some of the ”main vendors” operating on platforms of e-commerce giants …

Foreign E-commerce Giants Dodge Regulations To Dominate Indian Market: CAIT
8 months, 2 weeks ago

Foreign E-commerce Giants Dodge Regulations To Dominate Indian Market: CAIT

ABP News  

Praveen Khandelwal, Secretary General of the Confederation of All India Traders and a Lok Sabha candidate for the BJP accused foreign e-commerce giants such as Amazon and Walmart-owned Flipkart of sidestepping regulations and laws in their aggressive efforts to dominate the Indian market. In response to a television media report suggesting that the Competition Commission of India has uncovered suspected …

CAIT approaches NCB seeking probe into alleged use of Amazon’s platform to source marijuana
3 years, 1 month ago

CAIT approaches NCB seeking probe into alleged use of Amazon’s platform to source marijuana

The Hindu  

Traders’ body CAIT on Wednesday said it has approached the Narcotics Control Bureau seeking a probe into the alleged use of e-commerce major Amazon’s platform for sourcing marijuana. We assure full co-operation and support required to Investigating Authorities and Law Enforcement agencies with ongoing investigations and ensure full compliance to applicable laws,” an Amazon India Spokesperson said. “Amazon’s involvement in …

What led to Piyush Goyal’s outburst against India Inc.?
3 years, 4 months ago

What led to Piyush Goyal’s outburst against India Inc.?

The Hindu  

The story so far : Union Commerce Minister Piyush Goyal launched a verbal attack last week against Indian corporations, alleging that they were putting their narrow business interests ahead of the larger national interest. The Tata Group is also concerned that under the new rules it won’t be able to sell goods offered by Starbucks, in which it holds a …

How will SC ruling on anti-trust probe impact Amazon, Flipkart?
3 years, 4 months ago

How will SC ruling on anti-trust probe impact Amazon, Flipkart?

The Hindu  

The story so far : The Supreme Court on Monday ruled that e-commerce giants Amazon and Flipkart will have to face investigation by the Competition Commission of India for their alleged anti-competitive business practices. The CCI initiated its probe against Amazon and Flipkart last year following a complaint filed by the Delhi Vyapar Mahasangh, a lobby promoting the interests of …

Won’t intervene in CCI probe against Amazon, Flipkart: SC
3 years, 5 months ago

Won’t intervene in CCI probe against Amazon, Flipkart: SC

The Hindu  

The Supreme Court on Monday refused to intervene in an anti-trust investigation ordered by the Competition Commission of India against online giants, Flipkart and Amazon. enquiry should be permitted,” Chief Justice Ramana orally addressed Flipkart and Amazon, represented by senior advocates A.M. Singhvi and Gopal Subramanium, respectively, during the virtual court hearing. The court referred to Mr. Singhvi’s submission that …

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart
3 years, 5 months ago

In Compliance with Indian Laws, Will Cooperate with Enforcement Directorate on Notice: Flipkart

News 18  

Walmart-owned Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major. The Enforcement Directorate has issued a show cause notice of Rs 10,600 crore to Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said …

Walmart’s Flipkart says Indian probe shouldn’t treat it the same as Amazon
3 years, 5 months ago

Walmart’s Flipkart says Indian probe shouldn’t treat it the same as Amazon

Live Mint  

NEW DELHI: Walmart's Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", Flipkart argued in a court filing seen by Reuters. Both Amazon and Flipkart have challenged the Competition Commission of India in court as they seek revocation of an Indian court's June decision …

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies
3 years, 6 months ago

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies

The Hindu  

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said. The Competition Commission of India initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers …

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies: Report
3 years, 6 months ago

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies: Report

Hindustan Times  

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said. The probe into Amazon and Flipkart is restarting at a time when both are battling accusations from offline retailers that their complex business structures allow …

New Indian e-com policy may change your Flipkart, Amazon shopping experience
3 years, 9 months ago

New Indian e-com policy may change your Flipkart, Amazon shopping experience

India Today  

The Indian government is drafting a new policy for e-commerce retailers in India that will require Amazon, Flipkart and others to treat sellers equally. Notably, the new e-commerce policy will apply to Amazon, Flipkart and all other online retailers that follow a similar model. New e-commerce policy: What it could mean for various Amazon and Flipkart sales While the new …

Traders' Body CAIT Calls for Ban on Amazon in Country After Reuters Report
3 years, 10 months ago

Traders' Body CAIT Calls for Ban on Amazon in Country After Reuters Report

News 18  

A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon.com Inc, after Reuters reported the US e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country’s strict foreign investment regulations. The Reuters report, based on internal Amazon …

CAIT seeks ban on Amazon in India
3 years, 10 months ago

CAIT seeks ban on Amazon in India

The Hindu  

A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon.com Inc, after Reuters reported the U.S. e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country's strict foreign investment regulations. In a statement, the Confederation of All …

Hearing of Flipkart, Amazon case resumes
3 years, 11 months ago

Hearing of Flipkart, Amazon case resumes

Live Mint  

Karnataka high court on Monday said it will begin daily hearing of the case between the Competition Commission of India and India’s two biggest online retailers Flipkart and Amazon on Wednesday, two people aware of the development said. CCI had approached the high court in December to vacate a stay issued by the court in February 2020 on a probe …

Govt to Asks ED, RBI to Take Action Against Amazon, Flipkart on Violation of FDI Policy, FEMA
4 years ago

Govt to Asks ED, RBI to Take Action Against Amazon, Flipkart on Violation of FDI Policy, FEMA

News 18  

In a significant development related to disputes between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders for blatant violation of FDI Policy and Foreign …

Centre Directs ED, RBI to Act Against Amazon and Flipkart for FDI, FEMA Violations
4 years ago

Centre Directs ED, RBI to Act Against Amazon and Flipkart for FDI, FEMA Violations

News 18  

In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders alleging blatant violation of FDI Policy and Foreign …

CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders
4 years, 1 month ago

CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders

Firstpost  

The traders’ body claimed that despite the constant violations, no action has been taken against Amazon because of which 7 crore traders in India are feeling cheated and left out New Delhi: Traders’ body CAIT on Sunday said it has written to the Enforcement Directorate seeking “strict action” against Amazon, claiming that the e-commerce major has caused “misery” to small …

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges
4 years, 2 months ago

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges

News 18  

Traders' body CAIT on Wednesday accused e-commerce major Amazon of violating FDI policy and Foreign Exchange Management Act norms, a charge which the multinational company denied. The traders' body in a letter to Commerce Minister Piyush Goyal alleged that the online retailer has not sought the government's approval for conducting multi-brand retail activities in India and demanded action and imposition …

Traders Support Future Retail in Battle Against Amazon
4 years, 2 months ago

Traders Support Future Retail in Battle Against Amazon

News 18  

Traders body, CAIT has compared Amazon with East India Company in the colonial era which acquired Indian states one by one and monopolized Indian business. “The recent statement made by Indian origin Future Retail group to go for liquidation as a consequence of a acquisition battle of Amazon reminds us the colonial era when East India Company initiated the process …

BharatEMarket logo launched, Govt says committed to provide level-playing field in e-commerce
4 years, 2 months ago

BharatEMarket logo launched, Govt says committed to provide level-playing field in e-commerce

India TV News  

Minister of State for Commerce Som Parkash on Friday said the government will not spare any efforts in maintaining a level-playing field in e-commerce and stressed that violation of government policy "will not be tolerated anymore". He was speaking via video conferencing at the event to launch the logo of the upcoming e-commerce portal 'BharatEMarket' of the Confederation of All …

Central Govt Issues Notice to Amazon & Flipkart for Not Displaying Country of Origin Amid Sale Season
4 years, 2 months ago

Central Govt Issues Notice to Amazon & Flipkart for Not Displaying Country of Origin Amid Sale Season

News 18  

The Central government has issued notices to Amazon and Flipkart for not displaying the country of origin of the products sold on their websites amid the platforms’ ongoing annual sales event in India. “It has come to the notice of the Department of Consumer Affairs that some of the e-commerce entities are not displaying the mandatory declaration as required under …

Indian traders pledge to support CAIT's national movement to boycott Chinese products
4 years, 6 months ago

Indian traders pledge to support CAIT's national movement to boycott Chinese products

India TV News  

In the backdrop of violent face-off between Indian Army and Chinese troops in Galwan valley Ladakh, in which 20 Indian Army personnel lost their lives, the Confederation of All India Traders on Wednesday said that traders have taken a firm pledge to support CAIT's national movement to boycott Chinese products and promote Indian goods. The CAIT has also urged the …

Coronavirus Lockdown: CAIT urges govt to reconsider economic package, says traders let down by exclusion
4 years, 7 months ago

Coronavirus Lockdown: CAIT urges govt to reconsider economic package, says traders let down by exclusion

Firstpost  

Industry body CAIT has urged the government to reconsider the economic package and announce measures to support traders, saying the community feels let down for exclusion from the Rs 20 lakh crore stimulus to aid the economy reeling from the COVID-19 crisis Noida : Industry body CAIT has urged the government to reconsider the economic package and announce measures to …

Amazon not doing India a favour by investing $1 billion: Piyush Goyal
4 years, 11 months ago

Amazon not doing India a favour by investing $1 billion: Piyush Goyal

India TV News  

Union Commerce and Industry Minister said on Thursday that global e-commerce giant Amazon wasn’t doing India a favour by investing $1 billion in the country’s market. Bezos not to meet PM Modi, Piyush Goyal Amazon founder and CEO Jeff Bezos who is currently in India on a three-day visit was earlier slated to meet Prime Minister Narendra Modi. The Amazon …

Traders' body CAIT alleges $1 bn not investment but promotional finance to Amazon India to crush retail trade
4 years, 11 months ago

Traders' body CAIT alleges $1 bn not investment but promotional finance to Amazon India to crush retail trade

Firstpost  

Traders’ body CAIT on Wednesday alleged that the $1 billion investment announced by Amazon chief Jeff Bezos is “promotional finance” to Amazon India to crush retail trade and encourage predatory pricing and deep discounting New Delhi: Traders’ body CAIT on Wednesday alleged that the $1 billion investment announced by Amazon chief Jeff Bezos is “promotional finance” to Amazon India to …

CCI orders enquiry into business practices of Amazon, Flipkart
4 years, 11 months ago

CCI orders enquiry into business practices of Amazon, Flipkart

The Hindu  

Fair market watchdog Competition Commission of India has ordered an enquiry into the operations of both Amazon and Flipkart on multiple counts, including deep discounts and exclusive tie-up with preferred sellers. In its order, the CCI said that it needs to be investigated whether the alleged exclusive arrangements, deep discounting and preferential listing by Amazon and Flipkart are being used …

Antitrust probe ordered against Amazon, Flipkart
4 years, 11 months ago

Antitrust probe ordered against Amazon, Flipkart

The Hindu  

India’s antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc. and Walmart’s Flipkart, the latest setback for U.S.-based e-commerce giants operating in the country. The Competition Commission of India said it was ordering a wider probe following a review of allegations that Amazon and Flipkart were promoting some “preferred sellers” and in turn impacting …

Jeff Bezos's India Visit: Trade Body Representing 70 Million Retailers Plans Widespread Protest
4 years, 11 months ago

Jeff Bezos's India Visit: Trade Body Representing 70 Million Retailers Plans Widespread Protest

Huff Post  

SAJJAD HUSSAIN via Getty Images Amazon.com founder and CEO Jeff Bezos during an event organised in New Delhi on October 1, 2014. NEW DELHI — Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc founder Jeff Bezos, who will visit the country this week for a company event and potential meetings with government officials. The …

CAIT urges govt to take action against e-commerce firms flouting FDI policy, indulging in unfair practices
5 years ago

CAIT urges govt to take action against e-commerce firms flouting FDI policy, indulging in unfair practices

Firstpost  

CAIT also criticised the Ministry of MSME’s reported move to join hands with some prominent e-commerce companies for onboarding of small retailers on their platforms New Delhi: Traders’ body CAIT on Sunday urged the government to take action against e-commerce companies flouting Foreign Direct Investment norms and indulging in unfair practices. Terming such firms “global economic terrorist” and “economic intruders, …

CAIT seeks action against Flipkart, Amazon for FDI norms violation, calls them 'economic terrorists'
5 years, 1 month ago

CAIT seeks action against Flipkart, Amazon for FDI norms violation, calls them 'economic terrorists'

Firstpost  

The CAIT claimed that small retailers have suffered at the hands of Amazon, Flipkart and other e-commerce portals for the last one year, leading to decline in their business. New Delhi: Traders’ body CAIT on Sunday lashed out at e-commerce majors Amazon and Flipkart, calling them “economic terrorists”, and demanded that the government take action against them for alleged violation …

Amazon, Flipkart selling products at price much lower than fair market value: CAIT to Nirmala Sitharaman
5 years, 1 month ago

Amazon, Flipkart selling products at price much lower than fair market value: CAIT to Nirmala Sitharaman

India TV News  

Traders' body CAIT on Sunday appealed to Finance Minister Nirmala Sitharaman to initiate a high-level enquiry to probe alleged avoidance of pending tax liability by Amazon and Flipkart. The Confederation of All India Traders wrote to the finance minister alleging that e-commerce companies, including Amazon and Flipkart, were selling various products on their platforms at a price much lower than …

Traders' body CAIT to launch nation-wide movement to protest against Amazon, Flipkart
5 years, 2 months ago

Traders' body CAIT to launch nation-wide movement to protest against Amazon, Flipkart

Firstpost  

Traders’ body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country’s retail business New Delhi: Traders’ body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are …

Traders body CAIT seeks Narendra Modi's intervention in e-retailers alleged unethical business model
5 years, 2 months ago

Traders body CAIT seeks Narendra Modi's intervention in e-retailers alleged unethical business model

Firstpost  

New Delhi: The Confederation of All India Traders on Wednesday said it has sought Prime Minister Narendra Modi’s intervention in the issue of alleged unethical practice of online retailers, including Amazon and Flipkart. “CAIT today took the matter of unethical business practices of Amazon and Flipkart and other e-commerce companies to the court of Prime Minister Narendra Modi and in …

CAIT urges PM not to yield ground to Walmart, other e-commerce players; says such firms have no regard for Indian laws, policies
5 years, 2 months ago

CAIT urges PM not to yield ground to Walmart, other e-commerce players; says such firms have no regard for Indian laws, policies

Firstpost  

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 New Delhi: Traders’ body CAIT on Tuesday urged Prime Minister Narendra Modi not to concede any ground to Walmart and other overseas e-commerce players, saying such firms have no regard for the sanctity of Indian laws and …

Traders may see 50 pc fall in festive sales, govt should check e-commerce: CAIT NCR
5 years, 2 months ago

Traders may see 50 pc fall in festive sales, govt should check e-commerce: CAIT NCR

India TV News  

Traders in Noida are fearing a decline of up to 50 per cent in sales during the Diwali festive season due to "unethical business" of e-commerce firms, and the government should intervene to check these companies, Sushil Kumar Jain, convener of the Delhi-NCR unit of CAIT said. With only a week left in Diwali, markets across Noida are deserted and …

CAIT wants govt to probe ’unholy nexus’ of e-commerce firms, banks
5 years, 2 months ago

CAIT wants govt to probe ’unholy nexus’ of e-commerce firms, banks

Live Mint  

Traders' body CAIT on Sunday demanded a high-level enquiry by the Centre to probe the "unholy nexus" of e-commerce firms, companies owning brands and banks for causing price distortion in the country’s e-commerce market. In a statement, CAIT claimed that not only e-commerce firms like Amazon and Flipkart, but a large number of companies owning brands, particularly in mobile, FMCG, …

Top five sellers to inventory details: What DPIIT asked Amazon, Flipkart to disclose
5 years, 2 months ago

Top five sellers to inventory details: What DPIIT asked Amazon, Flipkart to disclose

Live Mint  

New Delhi: E-commerce giants Amazon and Flipkart have been asked to disclose names of top five sellers on their platform, price list of goods of preferred vendors and the kind of support provided to sellers, according to sources. The Department for Promotion of Industry and Internal Trade in separate questionnaires to these companies have also asked them to share their …

Govt probing Flipkart, Amazon for alleged discount sales
5 years, 2 months ago

Govt probing Flipkart, Amazon for alleged discount sales

India TV News  

The government is probing Wal-Mart-owned Flipkart and Amazon over the alleged predatory pricing, commerce minister Piyush Goyal said on Thursday. Without specifying the exact transgressions, Goyal said his ministry has received complaints from the traders body CAIT alleging violations of norms by these players. The national traders body CAIT had in a letter on Monday urged Goyal to order an …

Amazon, Flipkart execs meet DPIIT officials over deep discounting allegations
5 years, 3 months ago

Amazon, Flipkart execs meet DPIIT officials over deep discounting allegations

Live Mint  

New Delhi: After complaints from brick and mortar retailers alleging predatory pricing and deep discounting by the e-commerce companies during their ongoing festive sales, senior officials of the Department for Promotion of Industry and Internal Trade on Thursday met representatives of Amazon and Flipkart. Confederation of All India Traders Secretary General Praveen Khandelwal had alleged that e-commerce companies are following …

Amazon, Flipkart find success in rural India during sales season
5 years, 3 months ago

Amazon, Flipkart find success in rural India during sales season

Live Mint  

Amazon.com Inc. and rival Walmart Inc. reported record revenue for their six-day India sales festivals as e-commerce catches on with buyers and sellers in smaller Indian towns, moving beyond the country’s urban, English-speaking population. The American competitors have been dueling in India since Walmart cut a $16 billion deal for control of local pioneer Flipkart Online Services Pvt last year. …

Walmart told US government India e-commerce rules regressive, warned of trade impact
5 years, 5 months ago

Walmart told US government India e-commerce rules regressive, warned of trade impact

Firstpost  

In a closed-door meeting last month, however, Goyal warned both Flipkart and Amazon to comply with the new rules in letter and spirit, Washington: Walmart told the US government privately in January that India’s new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a company document seen by Reuters showed. In its January representation, …

Walmart faces major India test over Flipkart’s legal spat with startup
5 years, 7 months ago

Walmart faces major India test over Flipkart’s legal spat with startup

Live Mint  

New Delhi: An Indian startup's legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country. The legal tussle between GOQii, a seller of smartwatch-type health devices, and Walmart's Flipkart unit, comes …

Amazon to sharpen focus on India after running into China wall
5 years, 8 months ago

Amazon to sharpen focus on India after running into China wall

Live Mint  

Bengaluru: Amazon.com Inc.’s retreat from China will allow the e-commerce giant to free up resources to sharpen its focus on India, its largest market outside of the US. Amazon’s decision to shut its Chinese marketplace business after struggling to compete with local rivals such as Alibaba Group Holding Ltd and JD.com also underscores the growing importance of India, which has …

Amazon changes business structure in India after new e-commerce rules: Report
5 years, 11 months ago

Amazon changes business structure in India after new e-commerce rules: Report

Hindustan Times  

One of the biggest sellers on Amazon.com Inc’s India website has returned after the online retail giant changed its business structures to comply with new federal e-commerce curbs that took effect last week, two sources told Reuters. REUTERS/Pascal Rossignol/File Photo India’s modified foreign direct investment rules that kicked in on February 1, prevent companies such as Amazon from selling products …

Govt accuses Flipkart, Amazon of violating FDI norms in e-commerce; says e-tailers try to influence prices of goods
5 years, 11 months ago

Govt accuses Flipkart, Amazon of violating FDI norms in e-commerce; says e-tailers try to influence prices of goods

Firstpost  

The government had made it clear that it would not extend the deadline of 1 February for implementing the revised guidelines for e-commerce companies having FDI. E-commerce majors Flipkart and Amazon were reportedly selling goods at low prices on their platforms adopting different methods such as direct price discounts, covering marketing expenses, and providing concessional logistics services, said a report …

Will continue engaging with govt to seek clarifications, says Amazon
5 years, 11 months ago

Will continue engaging with govt to seek clarifications, says Amazon

Live Mint  

With requests for extension in deadline for new e-commerce rules being rejected, US e-tailing giant Amazon Thursday said it will continue to engage with the government to seek clarifications and work towards minimising impact on its customers and sellers. "While we remain committed to complying with all laws and regulations, we will continue to look to engage with the government …

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