The recently introduced e-commerce policy is unlikely to change the discounting model of online marketplaces in the near-term, says India Ratings and Research (Ind-Ra). According to the ratings agency, further clarity is essential for the…
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Nasscom Says It Welcomes 100 Percent FDI in Online Marketplaces
Indian IT industry’s representative body Nasscom on Tuesday welcomed the opening up the retail e-commerce segment to 100 percent foreign equity through the clause of automatic route. “The Department of Industrial Policy and Promotion (DIPP)…
Government Permits 100 Percent FDI in Online Marketplaces
The government on Tuesday permitted 100 percent FDI in the marketplace format of e-commerce retailing with a view to attract more foreign investments. As per the guidelines issued by the Department of Industrial Policy and…
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