Topic: e-commerce
Amazon faces new antitrust case, over 2,000 online sellers move CCI, says report
Amazon favours select retailers who give online discounts, driving independent vendors out of business, alleges the All India Online Vendors Association.
Now, Tata plans ambitious e-commerce push to take on Amazon, Flipkart & Reliance
Tata Group is building an all-in-one e-commerce app for its swathe of consumer products & services and a launch is expected by end-2020 or early next year.
E-commerce saw 17% growth post lockdown, driven by demand in tier 3 cities, says report
Sectors such as electronics & home appliances, fashion & accessories, health & pharma and FMCG saw an average growth of 133 per cent, says the report by Unicommerce.
New lobby group rises to push Amazon, e-commerce sites to tackle sale of counterfeit goods
The group, which includes companies like Walmart & Target, is looking to back legislation that would require digital marketplaces to verify information about third-party merchants.
E-commerce not just e-retail, new consumer rules must properly define digital products too
The govt must remove ambiguities from e-commerce definitions and liabilities & ensure there is harmony between Consumer Protection Rules, 2020 and other policies.
Under new rules, e-retailers to display country of origin on products, or face penalty
Union Minister Ram Vilas Paswan said the The 'Consumer Protection (E-Commerce) Rules, 2020' will be applicable on all products, and will come into force by end of this week.
Govt’s e-commerce policy draft limits Amazon, Google, Facebook in boost to local startups
From seeking access to companies’ source codes and algorithms to setting up a regulator, the e-commerce policy imposes govt oversight on how companies handle data.
All products sold via any channel must state country of origin, demands traders’ body
In a letter to Commerce Minister Piyush Goyal, CAIT says details about the composition of products must be inscribed and violations must invite penalty.
Herbal drugs to rice & dal, ‘swadeshi’ Patanjali goes online to take on Amazon, Flipkart
The website will deliver a variety of products sold under the Patanjali brand. It will also offer free online telemedicine services in local languages.
Biggest-ever deal — It’s now up to discount-hunter Indians to bring V-shaped economic recovery
From Amazon to Nykaa, most e-commerce sites are offering heavy discounts this lockdown. And Indians are patiently scrolling and wishlisting.
Why we’ll need masks even with a coronavirus vaccine
One study has shown that if everyone wears masks that are only 75% effective, the number of people infected by each coronavirus carrier will shrink fourfold.
Investors continue to flock Mukesh Ambani, now KKR to invest $754 million in Reliance Retail
US private equity group KKR will hold a 1.28% stake in Mukesh Ambani’s Reliance Retail, valuing India’s biggest retailer at Rs 4.2 lakh crore or $57 billion.
Defence
CAG report flags vendors’ ‘dilly-dallying’ on offsets deals, cites Rafale as example
The CAG made the observations in its latest report, which was tabled in Parliament Wednesday.
Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?
It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?