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India’s new draft e-commerce policy to rein in related parties SECTIONS Share Synopsis The move is aimed at curbing circumvention of India’s e-commerce FDI policy and anti-competitive activities by large e-commerce marketplaces like Amazon and Flipkart. How India’s upcoming draft e-commerce policy could impact Flipkart and Amazon? Bengaluru: The government is looking at extending restrictions placed on large ecommerce marketplaces such as Amazon and Walmart-owned Flipkart to their associates and related parties, to curb alleged circumvention of foreign direct investment (FDI) norms and ...

Online retailers must refrain from adopting algorithms that result in prioritizing a select few vendors on their platforms, according to a draft e-commerce policy prepared by the department for promotion of industry and internal trade (DPIIT). To promote fair competition, e-commerce operators will have to ensure 'equal treatment' of all sellers and vendors on their platform. Besides, they will have to put out transparent policies on discounts, while spelling out the basis of discount rates funded by platforms for different products and suppliers. "In the interest of the Indian consumer, an...

Inter-Ministerial meeting on draft e-commerce policy on Saturday SECTIONS Share Synopsis The meeting aims to factor in issues of important national consideration in the e-commerce policy that seeks to set up a regulator for the sector and implement a new law to restrict the data e-commerce entities can store, use, transfer, process and analyse. Agencies Officials from the ministries of electronics, external affairs, finance, and micro, small & medium enterprises, besides Niti Aayog are expected to participate in the meeting. The Department for Promotion of Industry and Internal Trade (DPIIT) ...

The Walmart-owned company has asked its eight-nine preferred vendors, known as Alpha sellers, to source their supplies directly from manufacturers.

Government seeks to firewall telecom infrastructure from Chinese threat SECTIONS Share Synopsis Also, the government is said to be unhappy with some Indian mobile telecom operators who continued to source telecom network gear from Chinese companies despite the growing tensions between the two countries and in the face of clear indication from the telecom department to go slow on business and collaborations with the neighbouring nation, the officials added. (This story originally appeared in on Mar 11, 2021)NEW DELHI: In a move that will restrict the business of top Chinese vendors such as H...