Home INDIA Defer implementation of foreign investment restrictions

Defer implementation of foreign investment restrictions

Defer implementation of foreign investment restrictions
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Online retailer Flipkart has told the government the company faces the risk of “significant customer disruption” if the implementation of new curbs for e-commerce is not delayed by six months, a source said. The 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.

Read the full story at https://www.thehindu.com/business/Industry/defer-implementation-of-new-e-com-rules/article26123151.ece

SOURCE: The Hindu

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