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Amazon, Tata say Indian govt e-commerce rules will hit businesses, say sources thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Amazon Inc and Tata Group have warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions have said. At a meeting organised by the consumer affairs ministry and the government’s investment promotion arm, Invest India, many executives expressed concerns and confusion over the proposed rules and asked that the July 6 deadline for submitting comments be extended, said the sources. Advertisement Amazon said the proposed rules will have a huge impact on its sellers, arguing that some clauses were already covered by existing law. ....
Exclusive-Amazon, Tata say Indian govt e-commerce rules will hit businesses -sources FILE PHOTO: People move past a hoarding of Amazon India outside a metro rail station in New Delhi, India, October 23, 2019. REUTERS/Anushree Fadnavis/File Photo July 3, 2021 By Aditya Kalra NEW DELHI (Reuters) – Amazon.com Inc and India’s Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told Reuters. At a meeting organised by the consumer affairs ministry and the government’s investment promotion arm, Invest India, many executives expressed concerns and confusion over the proposed rules and asked that the July 6 deadline for submitting comments be extended, said the sources. ....
4 Min Read NEW DELHI (Reuters) -Amazon.com Inc and India’s Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told Reuters. FILE PHOTO: People move past a hoarding of Amazon India outside a metro rail station in New Delhi, India, October 23, 2019. REUTERS/Anushree Fadnavis/File Photo At a meeting organised by the consumer affairs ministry and the government’s investment promotion arm, Invest India, many executives expressed concerns and confusion over the proposed rules and asked that the July 6 deadline for submitting comments be extended, said the sources. ....
Updated: July 04, 2021 08:52 IST The proposed policy states e-commerce firms must ensure none of their related enterprises are listed as sellers on their websites. Share Article AAA Amazon argued that COVID-19 had already hit small businesses and the proposed rules will have a huge impact on its sellers.
The proposed policy states e-commerce firms must ensure none of their related enterprises are listed as sellers on their websites. Amazon.com Inc and Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told ....