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ETtech Morning Dispatch on 20 Jan. 2021: Top tech news to start your day SECTIONS Last Updated: Jan 20, 2021, 08:39 AM IST Share Synopsis From Tata's plans to infuse cash into BigBasket and 1mg to India mounting troubles for WhatsApp, Amazon and Walmart-Flipkart, here's a look at the tech news to start your day. ETtech Good morning, ETtech Reader, India wants WhatsApp's privacy policy changes withdrawn. The Tata Group is close to announcing big investments in BigBasket and 1mg as part of an acquisition drive for its Super App plans. Flipkart is likely to suspend plans to set up a separate pla...

Government planning tighter FDI rules for ecommerce sector SECTIONS Last Updated: Jan 19, 2021, 11:45 PM IST Share Synopsis The Department for Promotion of Industry and Internal Trade (DPIIT) may issue a clarification through a Press Note, expressly prohibiting e-commerce platforms from holding stake in a seller, directly or indirectly. Getty Images NEW DELHI:India is likely to tighten the foreign direct investment (FDI) rules for e-commerce to check companies set up by the online marketplaces from trading on their own platform. The Department for Promotion of Industry and Internal Trade (DPI...

An e-commerce law that restricts the information that these companies can store, use, transfer, process and analyse is also on the agenda. Various ministries had raised concerns over the role of a regulator and protection of consumer data in the policy.

USTR names Snapdeal for selling counterfeit goods, company calls findings ‘ill informed’ Credit: Soumyarendra Barik Snapdeal has hit out at the United States Trade Representative (USTR) after being named in its latest report for allegedly selling counterfeit products on its platform. Calling the findings of the USTR report “ill informed”, in a press statement the company said that the report “reflects a poor understanding of the governing law in various jurisdictions, including India”. It also contended that the USTR failed to understand the difference between a marketplace...

DAP) 2020 has increased the indigenous content requirement in all categories of defence procurement. 10 The DAP 2020 has also proposed other measures to increase indigenisation such as increase in indigenous availability of high-end military materials, the use of indigenous software in equipment/systems and a boost to innovation by start-ups and Micro, Small and Medium Enterprises ( MSMEs). For a discussion on the changes introduced in the DAP 2020, please see our previous article, here.  Challenges to achieving self-reliance While the industry stakeholders welcomed these new measures, the ...