To discourage eCommerce firms from offering hefty discounts, India has told the companies that they have to make sure they are complying with new rules for foreign investment. Commerce Minister Piyush Goyal has said the government is ready to listen to concerns, but is committed...
Is Paytm breaking the rules with its cashback promotion? Some vendors in India believe so. As The Economic Times reports, All India Online Vendors Association (AIOVA) — which represents about 500 sellers in the country’s eCommerce space — has raised the possibility that the Alibaba-backed...
Several global retail chains—including Walmart, Metro and Carrefour—that were allowed to now sell only via B2B in India have instead been found to have repeatedly sold directly to consumers, in violation of foreign direct involvement (FDI) rules, according to a story in Cobrapost in India,...
January 25, 2021
Global foreign direct investment (FDI) fell 42 percent in 2020, and the pandemic will continue to affect it this year, a report from UNCTAD says, as China reaps more foreign money than the U.S. The report says the FDI fell from $1.5 trillion in 2019 to $859 billion last year. The last time a level […]
June 25, 2019
To discourage eCommerce firms from offering hefty discounts, India has told the companies that they have to make sure they are complying with new rules for foreign investment. Commerce Minister...
May 06, 2016
Is Paytm breaking the rules with its cashback promotion? Some vendors in India believe so. As The Economic Times reports, All India Online Vendors Association (AIOVA) — which represents about...
