How Amazon, Flipkart could be hit by new e-commerce rules from tomorrow
6 years, 2 months ago

How Amazon, Flipkart could be hit by new e-commerce rules from tomorrow

Live Mint  

On Friday, Indian consumers will wake up to an emptier, more expensive version of Amazon’s shopping service. In all, more than 400,000 items that account for nearly a third of Amazon’s estimated $6 billion in annual sales in India will probably disappear at least temporarily from the local version of the company’s service, as Amazon tries to comply with new e-commerce rules imposed by the Indian government. Barring a last-minute reprieve, Amazon’s leading rival in India, Flipkart, which effectively became a Walmart subsidiary last year, will also be forced to remove thousands of products from its service, particularly in the apparel category, where it sells many clothing items made by affiliated companies. Modi’s administration announced that, effective Feb. 1, foreign-owned e-commerce services like Amazon and Flipkart could not sell goods through affiliated companies. For the survival of these two entities, I can’t put the livelihood of my country at risk.” Snapdeal, an Indian online marketplace that was hurt by earlier price wars with Amazon and Flipkart, also cheered the policy changes while urging the government not to grant the companies more time to comply.

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History of this topic

Are Amazon, Flipkart selling low-quality or fake goods? Companies face raids in India over these allegations
6 days, 15 hours ago

Are Amazon, Flipkart selling low-quality or fake goods? Companies face raids in India over these allegations

Firstpost  

Items including geysers and food mixers worth around Rs 7 million were confiscated from a warehouse operated by an Amazon subsidiary, BIS said. The products either lacked the mandatory quality certification mark or bore counterfeit labels Raids on Flipkart and Amazon were conducted by India's BIS. Image Credit: Reuters India’s government has stepped up its scrutiny of Amazon and Flipkart …

Amazon India says it removes non-compliant products after BIS searches
2 weeks, 2 days ago

Amazon India says it removes non-compliant products after BIS searches

The Hindu  

Faced with the Bureau of Indian Standards' action over the distribution of non-compliant products, Amazon on Sunday said it takes action to maintain a safe selection for its customers, including removing non-compliant products. The Bureau of Indian Standards, the country's top product certification agency, has carried out search and seizure operations at multiple warehouse locations of leading e-commerce platforms, including …

Amazon, Flipkart's support for unfair business practices irks CCI, matter goes to Supreme Court
3 months, 3 weeks ago

Amazon, Flipkart's support for unfair business practices irks CCI, matter goes to Supreme Court

India TV News  

Troubles for Amazon and Flipkart continue as they face significant legal challenges. The Competition Commission of India has recently taken action by filing a petition in the Supreme Court, accusing both companies of unfair business practices. If the court rules in favour of Amazon and Flipkart, it could slow down the CCI's ongoing investigations and set a precedent for future …

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases
Trending News
3 months, 3 weeks ago

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

Live Mint  

* India's antitrust body seeks Supreme Court hearing on challenges in Amazon, Flipkart probe * Twenty-three legal challenges filed by Samsung, Vivo and vendors over investigation * Antitrust body says challenges aim to scuttle its investigation By Aditya Kalra NEW DELHI, Dec 9 - India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of …

ED likely to summon top Amazon, Flipkart executives over FDI rule violations
4 months, 2 weeks ago

ED likely to summon top Amazon, Flipkart executives over FDI rule violations

India Today  

Top executives of e-commerce giants Amazon and Flipkart are under the scanner of the Enforcement Directorate over alleged violations of foreign investment regulations, sources have told India Today. The development follows extensive searches conducted by the ED at over 19 locations associated with vendors of Amazon and Flipkart across Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula. The ED's investigation stems from …

ED to start investigating Flipkart, Amazon's relationship with sellers
4 months, 2 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 …

ED to question Amazon, Flipkart officials over alleged foreign investment law violations: Report
4 months, 3 weeks ago

ED to question Amazon, Flipkart officials over alleged foreign investment law violations: Report

Live Mint  

The Enforcement Directorate of India will question Amazon and Flipkart officials as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, Reuters reported on Monday, November 11, citing a senior government source. The latest raids were triggered by Amazon and Flipkart's antitrust investigation findings, which said the platforms “had …

Flipkart, Amazon under scrutiny for foreign investment violations: Report
Trending News
4 months, 3 weeks 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
4 months, 3 weeks 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
4 months, 3 weeks 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 …

ED raids 19 premises of ‘main’ sellers using Amazon, Flipkart platforms
4 months, 3 weeks ago

ED raids 19 premises of ‘main’ sellers using Amazon, Flipkart platforms

Hindustan Times  

NEW DELHI: The Enforcement Directorate on Thursday carried out searches at 19 premises linked to some “main” sellers using Amazon and Walmart-owned Flipkart platforms in connection with its probe into alleged violation of foreign investment rules, people familiar with the development said. The official underlined that the searches took place on premises linked to the “main vendors” of Flipkart and …

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe
Trending News
4 months, 3 weeks ago

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe

The Hindu  

The Enforcement Directorate on Thursday conducted searches against some sellers who do business on e-commerce giants like Amazon, Flipkart as part of a Foreign Exchange Management Act investigation, official sources said. They said the action is related to the financial transactions being done by some of the “preferred” vendors and sellers who do business through Amazon and Flipkart like e-commerce …

Crackdown on Amazon and Flipkart vendors, ED conducts raids on 16 locations
4 months, 3 weeks ago

Crackdown on Amazon and Flipkart vendors, ED conducts raids on 16 locations

Hindustan Times  

The Enforcement Directorate on Thursday conducted searches against some sellers who do business on e-commerce giants like Amazon, Flipkart as part of a FEMA investigation, official sources said. Amazon, Flipkart vendors raided in FEMA probe Antitrust investigations conducted by the Competition Commission of India have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers, …

Amazon, Flipkart sellers raided by ED across India amid money laundering allegations
4 months, 3 weeks ago

Amazon, Flipkart sellers raided by ED across India amid money laundering allegations

Live Mint  

The Enforcement Directorate on Thursday launched a pan-India search targeting sellers associated with major e-commerce platforms, including Amazon and Flipkart, in an alleged money laundering investigation. The ED’s probe seeks to identify and gather evidence related to alleged money laundering activities that may have been facilitated through these platforms, as per the CNBC-TV18 report. Amazon and Flipkart, two of India’s …

Amazon and Flipkart accused of breaking competition law with smartphone makers like Samsung, Xiaomi…
6 months, 2 weeks ago

Amazon and Flipkart accused of breaking competition law with smartphone makers like Samsung, Xiaomi…

Hindustan Times  

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. The CCI's 1,027-page report on Amazon also said the Indian units of five companies - Samsung, Xiaomi, Motorola, Realme and OnePlus - were "involved in the …

Ernakulam District Commission Holds Flipkart Liable For Non-disclosure Of Seller Information As Mandated By E-Commerce Rules 2020
11 months, 1 week ago

Ernakulam District Commission Holds Flipkart Liable For Non-disclosure Of Seller Information As Mandated By E-Commerce Rules 2020

Live Law  

The District Consumer Disputes Redressal Commission, Ernakulam bench comprising D.B. V and Mrs. Sreevidhia T.N held Flipkart liable for failure to disclose seller information, as mandated under Rule 5 of the Consumer Protection Rules, 2020. Consequently, feeling aggrieved, the Complainant approached the District Consumer Disputes Redressal Commission, Ernakulam, Kerala and filed a consumer complaint against Flipkart and Zest Money. Observations …

Flipkart Violates E-Commerce Disclosure Guidelines, Berhampur District Commission Orders Compensation Of Rs. 20,000 To Consumer
1 year, 7 months ago

Flipkart Violates E-Commerce Disclosure Guidelines, Berhampur District Commission Orders Compensation Of Rs. 20,000 To Consumer

Live Law  

Recently, the District Consumer Disputes Redressal Commission, Berhampur bench comprising Mr Satish Kumar Panigrahi and Mrs Saritri Pattanaik held Flipkart liable for cancelling a customer’s order citing unforeseen error by the seller. Additionally, the complainant argued that Flipkart’s actions of non-disclosure fall under sub-clause of Regulation 5 of the Consumer Protection Rules, 2020, indicating a violation of these regulations. Regarding …

Amazon, Flipkart issued notices for selling drugs without licence: Report
2 years, 1 month ago

Amazon, Flipkart issued notices for selling drugs without licence: Report

Hindustan Times  

Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of India over the online sale of drugs in violation of norms. The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of …

Amazon, Flipkart issued notices for selling drugs without licence: Report
2 years, 1 month ago

Amazon, Flipkart issued notices for selling drugs without licence: Report

Hindustan Times  

Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of India over the online sale of drugs in violation of norms. The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of …

India's Antitrust Raids Target Sellers on Amazon, Walmart's Flipkart
2 years, 11 months ago

India's Antitrust Raids Target Sellers on Amazon, Walmart's Flipkart

News 18  

India’s antitrust body launched raids early on Thursday against two top domestic sellers of online retail giant Amazon.com Inc, and some on Walmart’s Flipkart, following accusations of competition law violations, sources told Reuters. Indian retailers, key supporters of Prime Minister Narendra Modi, have long contended that Amazon and Flipkart‘s platforms benefit a few big sellers, via predatory pricing, though the …

In India, a new platform to curb the powers of Amazon, Flipkart
2 years, 11 months ago

In India, a new platform to curb the powers of Amazon, Flipkart

Al Jazeera  

Tech mogul Nandan Nilekani is is working with gov’t to build a platform to help small merchants, & rein in big players. He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program to create biometric identification for India’s almost 1.4 billion people. The high-profile mogul is helping Prime Minister Narendra Modi build …

What led to Piyush Goyal’s outburst against India Inc.?
3 years, 7 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, 7 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, 7 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, 7 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, 8 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 …

Amazon, Tata say Indian govt e-commerce rules will hit businesses
3 years, 8 months ago

Amazon, Tata say Indian govt e-commerce rules will hit businesses

The Hindu  

Amazon.com Inc and India's Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told Reuters. The government's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers, notably …

Amazon, Tata say new e-commerce rules will hit businesses, say sources
3 years, 8 months ago

Amazon, Tata say new e-commerce rules will hit businesses, say sources

The Hindu  

Amazon.com Inc and Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told Reuters. The government’s new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country’s online retailers, notably market leaders …

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify
3 years, 9 months ago

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify

India TV News  

As e-commerce regulations are tightened, the fight between foreign companies Amazon, Flipkart, and Indian companies Reliance, Tata Group is set to intensify. 100% FDI is allowed in marketplace but regulations are evolving - 2018 rules pushed Amazon to reduce stake in a key seller. However, in 2021, there have been amendments to those rules, still at a draft stage and …

Union government’s new e-commerce rules target Amazon and Flipkart-Walmart
3 years, 9 months ago

Union government’s new e-commerce rules target Amazon and Flipkart-Walmart

The Hindu  

T he National Democratic Alliance government has decided to further tighten its regulation of e-commerce, taking on foreign giants such as Amazon and Flipkart-Walmart in particular, with implications for domestic organised retail majors such as Reliance. Specifically, the guidelines noted that 100 per cent FDI under the automatic route is permitted only in a marketplace model of e-commerce, where the …

U.S. lobby group views India's e-commerce plan as worrying
3 years, 9 months ago

U.S. lobby group views India's e-commerce plan as worrying

The Hindu  

A top lobby group that is part of the U.S. Chamber of Commerce believes India's proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email reviewed by Reuters. India this week spooked online retailers like Amazon and Walmart's Flipkart by outlining plans to limit "flash sales", reining …

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?
3 years, 9 months ago

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?

Firstpost  

Along the lines of the grievance officers that social media platforms are required to appoint an India, e-commerce platforms, too, will be mandated to create the roles of a chief compliance officer, nodal contact person, and resident grievance officer The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 …

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?
3 years, 9 months ago

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?

News 18  

The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 billion in value. But the amended rules say that such “no e-commerce entity shall organise a flash sale of goods or services offered on its platform” where such a sale is “organised by fraudulently intercepting the ordinary course of …

EU antitrust regulators to investigate Google, new e-commerce Indian rules
3 years, 9 months ago

EU antitrust regulators to investigate Google, new e-commerce Indian rules

Op India  

On June 22, European Union Antitrust Regulators opened an investigation against adtech business of Google to examine if the company favoured its own business over rivals, advertisers and online publishers. EU antitrust regulators to investigate Google’s adtech business https://t.co/zz4iQanCP2 pic.twitter.com/eycyhP7kBm — Reuters June 22, 2021 As per reports, Google generated $147 billion in revenue from online ads in 2020. The …

E-Commerce Rules: What About Flash Sales? How Does It Affect You?
3 years, 9 months ago

E-Commerce Rules: What About Flash Sales? How Does It Affect You?

The Quint  

In the draft, the government highlighted that e-commerce companies won't be allowed to hold 'flash sales' in India. During flash sales, e-commerce platforms observe high spikes in customer orders as they offer heavy discounts on products, sometimes up to 80 percent. The ministry also proposed that e-commerce firms should appoint a chief compliance officer, a nodal contact person, and comply …

Flipkart, Amazon to soon stop flash sale smartphone, other products
3 years, 9 months ago

Flipkart, Amazon to soon stop flash sale smartphone, other products

India TV News  

E-commerce websites like Flipkart and Amazon occasionally host flash sales for smartphones as well as other products. With the new norms, the websites will not be permitted to hold any sort of flash sales. As a result, the Ministry of Consumer Affairs in its proposal has said that no e-commerce platform should be allowed to hold flash sales in India. …

Explained: Government Proposes New E-commerce Rules, Here's What it Means for Consumers
3 years, 9 months ago

Explained: Government Proposes New E-commerce Rules, Here's What it Means for Consumers

News 18  

The central government on Monday proposed amendments to the Consumer Protection Rules, 2020 and sought public comments on banning “mis-selling” and fraudulent “flash sale” of goods and services on e-commerce platforms such as Flipkart and Amazon. The new draft rules have also proposed that every e-commerce entity which intends to operate in India must register itself with the Department for …

Amazon, Flipkart may no longer host flash sales of smartphones and other goods
3 years, 9 months ago

Amazon, Flipkart may no longer host flash sales of smartphones and other goods

India Today  

The government of India is planning to introduce stricter norms for e-commerce platforms like Flipkart, Amazon. Walmart-owned Flipkart, Amazon hold countless sales thorough out the year which seems to be hampering the small businesses, under the new law such sales would be prohibited The government has said in its release that it has received countless complaints from consumers, traders and …

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies
3 years, 9 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, 9 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 …

Amazon, Flipkart to only deliver essential orders in Delhi
3 years, 11 months ago

Amazon, Flipkart to only deliver essential orders in Delhi

India Today  

E-commerce platforms Flipkart and Amazon have stopped delivering non-essential good in Delhi after the lockdown was imposed in the city by the government. Confirming the same, Amazon India spokesperson said in a statement, “Customers trust Amazon.in to safely deliver all products according to their respective needs. We request the Delhi Government to allow delivery and inter / intra state movement …

India’s small merchants take on Amazon with protest meeting
3 years, 11 months ago

India’s small merchants take on Amazon with protest meeting

Live Mint  

Hundreds of thousands of small Indian businesses are planning to protest against large foreign retailers like Amazon.com Inc. in an event on Thursday that coincides with the US e-commerce giant’s annual seller jamboree in the South Asian nation, a sign of escalating tensions in the retail market of 1.3 billion people. The trader groups’ event is named Asmbhav, or “impossible” …

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

CAIT seeks ban on Amazon in India
4 years, 1 month 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
4 years, 2 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, 3 months 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 to Verify if E-Retailers Like Amazon and Flipkart Are Displaying Products' Country of Origin
4 years, 3 months ago

Centre to Verify if E-Retailers Like Amazon and Flipkart Are Displaying Products' Country of Origin

News 18  

The Delhi High Court directed the Centre on Wednesday to find out and inform it whether e-commerce entities, like Flipkart, Amazon and Snapdeal, are complying with the requirement of displaying ‘country of origin’ on products sold on their platforms. A bench of Chief Justice D N Patel and Justice Prateek Jalan directed the central government to file a fresh affidavit …

CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders
4 years, 3 months 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 …

Central Govt Issues Notice to Amazon & Flipkart for Not Displaying Country of Origin Amid Sale Season
4 years, 5 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 …

Walmart's Flipkart Starts Wholesale E-commerce Service in India
4 years, 7 months ago

Walmart's Flipkart Starts Wholesale E-commerce Service in India

News 18  

India’s Flipkart launched an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, as the Walmart-owned firm seeks to better compete with Amazon and other players in a battleground market for e-commerce. Flipkart, majority-owned by Walmart Inc, bought the U.S. retail giant’s wholesale business in India in July. Amazon.com Inc and other e-commerce players including online grocery …

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