Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...

The policy faced backlash over its suggestions dealing with data localisation, curbing deep discounting which has been the mainstay of online retailers and Foreign Direct Investment (FDI) norms

The New York-based hedge fund will now step up investments in India from its mega $3 billion fund called Tiger Global Private Investment Partners XI.

Falguni Nayar has redefined the online beauty space.

Last year, Amazon was granted permission by the Indian government to invest $500 million in a wholly-owned venture to sell local produces and packaged food items through online and offline mediums.

Several members from the eBay team have been integrated with Flipkart's 2GUD team.

Alibaba co-founder Jack Ma is said to be in talks to acquire a large stake in Mukesh Ambani-led Reliance Retail with an investment of $5 billion to take on Flipkart and Amazon.

Individuals with straightforward asset holdings and simple family structure can opt for an online Will. Heres how.

Only 40 per cent of India's 390 million internet users transact online. The remaining 60 per cent do their research online but complete the transaction offline.

Bansal's decision to sell his entire stake to Walmart was reportedly the result of differences with the investors.

Over the past couple of days, media reports have been abuzz with the focus on the draft national policy for e-commerce. It is not yet a \"draft\" that has been released for comments - it is just a framework that has been circulated among stakeholders for consultations. The draft policy is expected in about a month's time. Watch BusinessToday.In's video on the shortcomings of the draft e-commerce policy.

A reading of the new e-commerce framework makes it amply clear that if the policy were to be retained as is, and passed, it would be anti-consumer.

US President Donald Trump has previously used the Harley-Davidson brand to lash out against India's high import duties, so nobody will be surprised if he chooses to make an example of Walmart and Amazon as well to push for fair play.

The big shift we have done in the last couple of years is not just add stores but also see that they are sustainable over the next 10-12 months and eventually over the next 2-3 years, says Srinandan Sundaram, Executive Director, Sales and Customer Development, HUL.

The government is mulling a single regulator and legislation to address all e-commerce related issues in the country.

In the CoD method, Flipkart, Amazon and other ecommerce players collect cash from customers on behalf of third-party vendors at the time the goods are delivered instead of demanding online payment at the time of placing the order.

Last year in November, the GST council had reduced tax rates from 28 per cent to 18 per cent on 178 items. In the same month, the government set up the National Anti-Profiteering Authority to ensure that consumers get benefit of price cut under the GST.

Chairman and MD Sanjiv Mehta seeks to reinvent HUL as a future-ready corporation that can juggle heterogeneous markets successfully.

In a regulatory filing yesterday, Biyani-led Future Lifestyle Fashions Ltd (FLFL) disclosed that it has reached a conditional agreement with leading e-commerce fashion business Koovs to acquire up to 29.9 per cent stake in it, subject to regulatory and procedural approvals.

The buzz is that Flipkart is looking to enter the financial services space, and start offering its customers as well as sellers a plethora of credit and insurance products.