Diabytes
E-commerce FDI News
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These clarifications have come against the backdrop of new provisions announced by the DIPP related to FDI in e-commerce sector last month.
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Amazon has said it is evaluating the circular.
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An official said that this norm will ensure that the online player will not directly or indirectly influence the price of the products.
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The Delhi High Court on Wednesday asked the Centre to treat as a representation a plea of a traders association which is opposed to FDI in multi-brand retail and e-commerce.
The government will hold a meeting of all the stakeholders including industry chambers CII and Ficci on Thursday on foreign direct investment in e-commerce retailing.
Major domestic e-commerce companies such as Flipkart and Snapdeal may also be present in the meeting.
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