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Ramesh Abhishek

Walmart, Amazon seek extension of Jan 31 deadline on e-commerce compliance, panic as Govt silent

There is trouble in paradise. The Government's drastic intervention in e-commerce at the behest of vested domestic interests and the powerful traders lobby has created consternation in the bulge bracket world of e-commerce in India.With the big players having...

DIPP to draft new e-commerce policy

The commerce and industry ministry is drafting a new e-commerce policy to boost the fast-growing online retail sector, a government official said Thursday."We are in the process of drafting the new e-commerce policy," Secretary in the department of industrial...

No proposal to change existing FDI policy in multi-brand retail trade: DIPP Secy

The Government has no proposal to change the existing foreign direct investment (FDI) policy in the multi-brand retail trading sector, a top official said Thursday."You know the multi-brand retail policy that exists today. There is no proposal for change,"...

CAIT demands action against e-comm sites flouting FDI policy

Traders body CAIT today alleged that e-commerce portals are openly flouting FDI policy, and said it may move the court if no action is taken by the government against them. In a statement, CAIT said it, "expresses deep anguish and...

No decision yet on concessions sought by Apple

The Indian Government has not taken a final decision as yet on fiscal concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in the country, a senior official said on Monday. "We had a meeting...

Apple holds talks with Indian Government on opening stores

Apple Inc officials met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally. According to sources, the meeting chaired by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek...

Sellers offer discounts on e-commerce sites : DIPP

E-commerce companies have told the Department of Industrial Policy and Promotion (DIPP) that discounts on their platforms are being offered by sellers, who are free to run such schemes both in online and offline mediums, a senior official said. “E-commerce...
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The Good Glamm Group completes acquisition of The Moms Co.

The brand has also expanded its international footprint, retailing in prominent UAE stores like Carrefour and Lulu, with plans...
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