Page 2 - E-commerce Rules

New rules will choke e-commerce growth, Indo-American Chamber tells Govt

Says proposed amendments will increase compliance liabilities, can affect investor sentiment globally especially with respect to 'Ease of Doing Business'

Govt extends timeline for feedback on draft e-commerce rules to July 21

Earlier deadline was set for July 6; companies now have till July 21 to submit their views

Nandan Nilekani to join govt panel on curbing digital monopolies

Idea is to give 'free and fair' choice to buy products on online platform

81% consumers back e-commerce rules, want clarity on services-based biz

LocalCircles study says 64% want the rules across "all electronically sold services like app-based food delivery, app taxis, home repair, salon, airline & railway ticketing, OTT subscription, payments

CAIT against extension of deadline for comments on draft e-commerce rules

Amid reports to extend deadline for submission of comments on draft e-commerce rules, CAIT has described such requests as delaying tactics, said there is no need for any extension of deadline.

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

Govt's tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country's online retailers

Traders body CAIT urges govt not to dilute draft e-commerce rules

Domestic traders' body CAIT on Sunday urged the government not to dilute the draft of e-commerce rules under any pressure of foreign-funded online firms. In a communication to Prime Minister Narendra Modi, the Confederation of All India Traders (CAIT) said it has been observed that voices of terming the rules as stringent is being created. "In the wake of expected pressure tactics of foreign funded e-commerce companies against the draft of e-commerce rules...(we urged) him (prime minister) to ensure that no dilution is made in draft of e-commerce rules under any pressure," CAIT said in a statement. The draft rules after examining the suggestions and objections should be notified without any further delay, it added. It alleged that unethical and law violating business practices of foreign funded e-commerce companies has forced closure of a large number of shops in the country. "Traders of India are not against e-commerce but are of the considered opinion that e-commerce is the mos

Consumer protection rules: Decoding the impact on e-commerce firms, buyers

The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented

Govt plans to bring stricter e-commerce rules, flash sales may be history

The government plans to revise the e-commerce regulations in the country and bring about stricter norms, wherein the much talked-about flash sales may prohibited.

Top Headlines: Advance tax collection up 146%; Nadella is Microsoft chair

Business Standard brings to you the top headlines on Thursday

FMCGs turn to online distribution as Covid forces kiranas to down shutters

Online as a percentage of sales for FMCG companies has touched 8-9 per cent for some firms versus 5-6 per cent a few months ago.

Finance Act fails to address industry concerns over equalisation levy

Experts say levy will cause compliance problems for taxpayers, having come so late. Companies will have to do a lot of adjustments in their own systems while trying to comply with this newly clarified

DPIIT meet: Foreign vs Indian war of words over e-commerce FDI policy

The industry has been asked to send inputs in writing within a week to the government for further consultation

India's move to deter digital monopolies may hit Amazon, Walmart

The latest draft e-commerce rules build on laws that curb the two US companies from offering deep discounts, deter exclusive arrangements with preferred sellers

Udaan bets big on lifestyle segment, adds 100,000 businesses in 2020

B2B e-commerce major Udaan on Sunday said it added about one lakh new businesses last year on the platform under its Lifestyle segment under which over 230 million products were shipped.

E-commerce firms being probed on small traders' complaints: Piyush Goyal

Says complaints against errant firms being looked into; hopes India's offer of TRIPS waiver for Covid vaccine will get WTO nod

Won't spare any way in maintaining level-playing field in e-commerce: Govt

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

Govt issues notices to Amazon, Flipkart for not showing mandatory info

The development comes at a time when Amazon and Flipkart are hosting their biggest festive sale events. The firms have been asked to reply to the notices within 15 days.

Flipkart onboards 13,000 kiranas in eastern region ahead of festive season

The company also said this is part of a programme to onboard 50,000 kiranas across the country to provide a faster e-commerce experience to its consumers.

Puravankara to invest Rs 1,500 cr in warehousing on e-commerce surge

It has tied up with Morgan Stanley as a JV partner for the warehousing business and will be concentrating on Bengaluru followed by Mumbai, Hyderabad, Chennai and Pune