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India considering changes FDI in e-commerce rules: Report - Vimarsana News

India considering changes FDI in e-commerce rules: Report

India is considering revising its rules for foreign direct investment in e-commerce, reportedly to prevent e-commerce marketplaces from having an indirect stake — through their parent companies — in the seller entities which sell products on the marketplaces. Reuters first reported this on Tuesday. The changes will come in through a press note — as the last restrictions in 2018 did — a spokesman from the Ministry of Commerce & Industry told the publication. Who will this impact? as it holds an indirect equity stake in two of its biggest online sellers. India only permits foreign com...