Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Retail

Snapdeal backs ecommerce curbs, assures compliance

Updated : January 28, 2019 08:05 PM IST

India will from Feb. 1 impose restrictions on how e-commerce firms operate, including barring them from selling products from firms in which they have an equity interest, leading to protests from Amazon and Flipkart.
The government's move has jeopardised Amazon and Flipkart's plans to tap the fast-growing e-commerce market as it would require them to rethink their existing business structures and raise compliance costs, industry sources have said.
Snapdeal backs ecommerce curbs, assures compliance
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV