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VC funding up, Google's app fees down

VC funding up, Google s app fees down
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Last Updated: Mar 17, 2021, 07:55 AM IST
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In today s ETtech Morning Dispatch: India’s draft e-commerce policy; explained in two minutes; A clubhouse chat with Deepinder Goyal whose Zomato is lining up an IPO; and Google Play halves commission on first $1 million.
ETtech
Good morning,
Last year, India s GDP contracted by a massive 23.9% between April and June. Venture capital (VC) funding, however, seemed more or less immune to the virus, according to a report by Bain & Co.
Also in today’s letter:
A clubhouse chat with Zomato’s Deepinder Goyal
Google halves Play store commission ....

Deepinder Goyal , Zomato Deepinder Goyal , Aaron Levie , Vijay Shekhar Sharma , Ministry Of Electronics , India Growth Fund , Bain Co , Standing Group Of Secretaries , Department For Promotion Of Industry , Tata Consultancy Services Ltd , Google Play Store Billing , India Venture Fund , Competition Commission Of India , Sequoia Capital , Central Consumer Protection Authority , Elevation Capital , Falcon Edge , Lightspeed Venture Partners , India Post , Standing Group , Internal Trade , Last Friday , Singapore Based Jungle Ventures , Koji Capital , Eight Roads , F Prime Capital ,

India's new draft e-commerce policy to rein in related parties

India’s new draft e-commerce policy to rein in related parties
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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 anti-competitive activities by these players.
A leaked copy of the upcoming
draft e-commerce policy, which The Economic Times has reviewed, said the government will, from time to time, notify which parties fall under the definition of associates and related parties. Industry leaders said this will give rise to uncertainty. ....

Jagran Manch , Praveen Khandelwal , Confederation Of All India Traders , Standing Group Of Secretaries , Department For Promotion Of Industry , India Online Vendors Association , Walmart Owned Flipkart , Economic Times , All India Traders , Swadeshi Jagran Manch , All India Online Vendors Association , Consumer Protection , Internal Trade , Enforcement Directorate , Press Note , Standing Group , ஜாக்ரான் மஞ்ச் , ப்ரவீன் கண்டெழுவாள் , கூட்டமைப்பு ஆஃப் அனைத்தும் இந்தியா வர்த்தகர்கள் , நின்று குழு ஆஃப் செயலாளர்கள் , துறை க்கு ப்ரமோஶந் ஆஃப் தொழில் , இந்தியா நிகழ்நிலை விற்பனையாளர்கள் சங்கம் , வால்மார்ட் ஓஂட் பிளிப்கார்ட் , பொருளாதார முறை , அனைத்தும் இந்தியா வர்த்தகர்கள் , சுதேஷி ஜாக்ரான் மஞ்ச் ,

ET NOW accesses new draft e-commerce policy

Updated Mar 15, 2021 | 19:37 IST
The proposed safeguards on data may not be received well by global giants like Amazon and the Walmart-backed Flipkart.
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The Government of India is ready with a new draft of the national e-commerce policy, and it seems to have changed its mind on having a regulator per se. However, e-commerce players will still have to register with a competent authority as identified by the Centre and will be monitored by a Standing Group of Secretaries. What s more, the government seems set to disallow the cross-border flow of data on Indians transacting in India.
E-commerce players data may in fact also be regularly audited by Indian firms. The proposed safeguards on data may not be received well by global giants like Amazon and the Walmart-backed Flipkart. ....

Standing Group Of Secretaries , Standing Group , Foreign Post Offices , E Commerce , Covid 19 , Corona Virus , நின்று குழு ஆஃப் செயலாளர்கள் , நின்று குழு , வெளிநாட்டு போஸ்ட் அலுவலகங்கள் , ஏ வர்த்தகம் , கொரோனா வைரஸ் ,

India's new draft e-commerce policy to rein in related parties

India's new draft e-commerce policy to rein in related parties
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Jagran Manch , Praveen Khandelwal , Confederation Of All India Traders , Standing Group Of Secretaries , Department For Promotion Of Industry , India Online Vendors Association , Walmart Owned Flipkart , Economic Times , All India Traders , Swadeshi Jagran Manch , All India Online Vendors Association , Consumer Protection , Internal Trade , Enforcement Directorate , Press Note , Standing Group , ஜாக்ரான் மஞ்ச் , ப்ரவீன் கண்டெழுவாள் , கூட்டமைப்பு ஆஃப் அனைத்தும் இந்தியா வர்த்தகர்கள் , நின்று குழு ஆஃப் செயலாளர்கள் , துறை க்கு ப்ரமோஶந் ஆஃப் தொழில் , இந்தியா நிகழ்நிலை விற்பனையாளர்கள் சங்கம் , வால்மார்ட் ஓஂட் பிளிப்கார்ட் , பொருளாதார முறை , அனைத்தும் இந்தியா வர்த்தகர்கள் , சுதேஷி ஜாக்ரான் மஞ்ச் ,

Govt to put in place safeguards to prevent data misuse: Draft e-comm policy

The government would lay down principles for usage of data for the development of any industry, where such norms do not already exist, and put in place adequate safeguards to prevent misuse and access of data by unauthorized persons, according to a draft national e-commerce policy.
The government is in the process of developing regulations for personal and non-personal data, the policy, which is under discussion, said.
The draft has stated that sharing of data for industrial development would be encouraged and regulations for data will be provided for the sharing mechanism.
The government shall lay down principles for usage of data for the purpose of development of any industry, e-commerce, consumer protection, national security, economic security and law enforcement including taxation where such principles do not already exist and put in place adequate safeguards to prevent misuse and access of data by unauthorized persons, it said. ....

Standing Group Of Secretaries , Services Tax , Standing Group , Commerce Entitie , India Post , Foreign Post Offices , Data Privacy , Data Misuse , Govt To Put In Place Safeguards Prevent Data Misuse , நின்று குழு ஆஃப் செயலாளர்கள் , சேவைகள் வரி , நின்று குழு , இந்தியா போஸ்ட் , வெளிநாட்டு போஸ்ட் அலுவலகங்கள் , தகவல்கள் ப்ரைவஸீ , தகவல்கள் தவறான பயன்பாடு , அரசு க்கு போடு இல் இடம் பாதுகாப்புகள் ப்ரிவெஂட் தகவல்கள் தவறான பயன்பாடு ,