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The central government on Friday has taken action against five major e-commerce platforms for the online sale of car seat belt alarm stopper clips, citing violations of the Consumer Protection Act, 2019.
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In a bid to support the startup companies , e-commerce giant Amazon partnered with Startup India. Under this partnership, Amazon has launched Amazon Global Selling Propel (AGSP) to support Indian startups.
After 8 to 10 Maharashtra Navnirman Sena (MNS) workers allegedly vandalized Amazon's Godown in Pune, an FIR (First Information Report) has been registered, the police said.
Delhi High Court on Wednesday issued notice to the e-commerce giants on a plea seeking directions to ensure that the name of the manufacturing country is displayed on products being sold on e-commerce sites.
As the government allowed the services of vehicles belonging to E-Commerce companies during the lockdown, e-commerce giants like Amazon and Flipkart are preparing to resume their 'Full service' from 20 April.
As Prime Minister Narendra Modi announced a 21-day lockdown to prevent the spread of coronavirus on Tuesday, India's two topmost e-commerce platforms, Flipkart and Amazon have temporarily suspended their services but soon they will be resuming their services.
Giving a boost to the revenue sector amidst, the Indian Railways have started a pilot project, allowing e-commerce consignments on its EMU services in non-peak hours. As a part of innovative pilot project, carrying of e-commerce consignment of Amazon in Electronic Multiple Unit services commenced from Sealdah to Dankuni in suburban services managed by Eastern Railways on Tuesday.
"The usage of data by people in e-commerce needs a careful oversight as when combined with modern technology, it gives unprecedented market power to the platforms which can be used for benefits of consumers as much as it can be used for causing harm to them", said Dr Rajiv Kumar of NITI Aayog on Friday at the workshop on ‘E-commerce: Changing Competition Landscape in India’, organised by Competition Commission of India CCI.
“India cannot remain in isolation and will have to be part of the global value chain in order to become a USD 5 trillion economy”, said Commerce Minister Piyush Goyal while addressing the meeting with representatives of associations of kirana stores, traders and retailers in in the national capital.
Viewing ahead of the rapid growth of electronic commerce and the rising importance of online trade in a large number of goods and services in India, the Competition Commission of India is set to conduct a Market Study that will probably aid in developing a better understanding of the functioning of e-commerce and its implications for markets and competition.
Holding an extensive consultation with tech industry and e-Commerce companies, Piyush Goyal on Tuesday headed to understand the concerns aligned and build a robust data protection framework.
Viewing to manage entire agrarian activities in the state and track farm subsidies abide, Goa is to soon tender a digital platform named ‘Agricloud’, where all formalities for tendering the work have been cleared including a go-ahead from the IT Department.
With the drastic changes in the Foreign Direct Investment policy, the Government of India has put the e-commerce companies into a huge question space. The Indian empire has reviewed the extant FDI policy on various sectors and made amendments in the Consolidated FDI policy circular of 2017. These amendments are scheduled to be applicable from 1st of February this year.
The sudden changes in FDI norms in E-Commerce had left Foreign investor-backed e-commerce trailers shocked. The consumers and domestic retailers concerned due to these new norms.
Leveraging its parcel business network, India Post on Tuesday announced the soft launch of its e-commerce portal. The e-commerce service that will be provided through India Post will start its full fledge operations of the service from around or after mid-December.
Online shopping took a remarkable change with items and stuffs easily available for the consumers on one click. Amazon created a wide scope for consumers to engage in ease of shopping, Jeff Bezos, Chief Executive Officer of Amazon has become the richest person in modern history with his net worth crossing the $150 billion mark.
Covering a niche bracket of masses, the department of tribal affairs has brought in a new arena for exhibiting their products. With the launch of the new 'e-Tribes:Tribes India', Tribal Affairs Minister Juan Oram launched the website with an initiative for digital commerce at Tribes India outlet at Mahadev Road.
MakeMyTrip (MMT) has collaborated with e-commerce major Flipkart for selling travel services on its platform. The company said that MMT's brands including Goibibo and Redbus will enhance customer base of Flipkart to drive online bookings and to boost revenues. It added that the deals will be starting with domestic flight bookings, hotels etc in the next few weeks.
Metropolitan cities like Chennai, Mumbai and Hyderabad set to get large scale data centres in coming five years. Singapore-based office space solutions provider Ascendas-Singbridge Group plans to invest $1 billion to build large-scale data centres in Chennai, Mumbai and Hyderabad, according to official sources.
As the country is becoming digitalized and getting more prone to online facilities, it has been taken into consideration that online sale services should display MRP (Market Retail Price) and other related details on their products.
Flipkart says that it will introduce ‘anti-theft packaging’ to securely deliver parcels to customers across the country. The newly innovated packaging, that is currently awaiting patent, incorporates special security features that make the packages both tamper-proof as well as tamper-evident.
