Ecomm firms raise concerns with govt
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At a meeting with government officials on Saturday, online retailers raised concerns about the tough new e-commerce rules that were announced last month. Their biggest complaints were about the rules that bar “related parties” from selling on their platforms, and e-commerce platforms from launching their own brands.
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Zomato IPO
Ecomm firms flag concerns about draft rules, seek more time to respond
Large ecommerce companies including
Flipkart,
Amazon India and Tata Group have told the government they are concerned about the “related-party clause” in the new draft regulations for the industry that prevents them from selling on their own platforms, said sources privy to discussions between officials and industry executives on Saturday.
MTG Acquires PlaySimple, For USD360M
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Sweden s MTG acquires Indian game developer PlaySimple for $360m
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