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Singapore-based internet company Sea has announced it is shutting down its ecommerce business Shopee in India after it began recruiting sellers in the country.
regulation, ecommerce, merchants, retail
Confederation of All India Traders, CAIT, Department for Promotion of Industry and Internal Trade, DPIIT, India, retail, ecommerce, contactless delivery, marketplace, digital payments, COVID-19
MasterCard, Federal Bank, biometric, EMV 3-D Secure, 2FA, two factor authentication, Identity Check, India
The foreign direct investment (FDI) norms related to ecommerce companies should be implemented on domestic online players also, CAIT has proposed.
ecommerce, India, FDI norms, CAIT, Confederation of All India Traders, Amazon, Flipkart
The Indian government has announced an update to the country’s policy for Foreign Direct Investment (FDI), which will go live on February 1st 2019.
India, ecommerce, indian government, regulations, policy, foreign direct investment, FDI, sellers, retailers, traders, Confederation of All India Traders, CAIT
The Ministry of Electronics and Information Technology (MeitY) has partnered with Confederation of All India Traders (CAIT) to further promote digital payments among the retail community.
MeitY, CAIT, partnership, retail merchants, online sales, digital payments, consumers, Customers, internet
The Confederation of All India Traders (CAIT) has urged Ministry of Finance to take further measures for adoption of electronic payments.
CAIT, government, ePayments, India, Finance Minister, electronic payments
MasterCard has partnered with the Confederation of All India Traders to train over 50,000 traders across the country under the digital campaign exercise.
MasterCard, traders, ecommerce, partnership, SMEs, CAIT, India
The Confederation of All India Traders (CAIT) has recommended the government to fix the errors in the latest FDI-related policy and provide clarity for SMEs due to alleged violations of the FDI policy by major online marketplaces.
CAIT, India, ecommerce, online sales, consumers, B2B, B2C, foreign direct investment, Amazon
Although the Indian government is planning to issue guidelines on domestic ecommerce rules, relaxation of the foreign direct investment (FDI) policy rules for retail electronic commerce is still in deadlock.
India, FDI, retail ecommerce, deadlock, regulation, domestic market, online sales, foreign players
The Confederation of All India Traders (CAIT) will launch a nationwide movement, demanding the government to create a regulator and regulations to govern the online retail market in India.
India, CAIT, online retail, regulation, brick-and-mortar, e-tailer, consumer, market