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It was bold a step by the government and a huge blow for the big players in India’s e-commerce market. The new rules announced by the Centre last week have indeed spoilt the year-end party for the likes of Flipkart-Walmart and Amazon.More than anybody else, these players will be hit hard as they run their enterprises in India on a marketplace model, which does allow them the luxury of having foreign direct investment (FDI).
Read the full story at New E-Com Norms Spoil Party for Big Players
SOURCE: The Hindu
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tags:
e-commerce
