Flipkart warns of major 'customer disruption' if new e-commerce rules not delayed
Updated : January 30, 2019 07:03 AM IST
India's new foreign investment restrictions will, from February 1, bar e-commerce companies from selling products from firms in which they have an equity interest and also ban them from reaching deals with sellers to only sell on one platform.
In a letter to India's industries department earlier this month, Flipkart Chief Executive Kalyan Krishnamurthy said the rules required the company to assess "all elements" of its business operations, according to a person privy to the communication.
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