This is the first time govt wants to regulate commission collected by such cos, which currently stands at 20%.
This is part of govt's push to make automakers incrementally increase production of electric vehicles.
Vendors have been misusing a provision that allows citizens to receive duty-free ‘gifts' of under Rs 5,000.
The ministry of consumer affairs is looking to add a section detailing penalties for ecomm firms.
Amazon senior VP sees growing acceptance of its Alexa voice services in Hindi, which is helping its subscription services in and around music. He said, "Shopping is a perfect example where we’re seeing signs of people adopting voice and that’ll be another great business."
Amazon will use technology to take down listings it believes are counterfeits automatically, and give certified brands the ability to remove listings without approval from Amazon.
AngelList will manage the legal and regulatory aspects of raising capital and investing it, while the byte-sized funds will be able to use its technology platform to manage their investments.
he ten startups, which have been picked from Nasscom’s Emerge 50 awards finalists, are from a wide range of sectors including Software as a Service, retail technology, fintech, logistics, healthcare, cyber security, internet of things, etc. The startups will be felicitated at the Nasscom Product Conclave 2019.
The deal, a five-year exclusive commercial partnership, is similar to the one Amazon had struck with travel booking platform Cleartrip in May this year.
The CCI had initially deemed the deal as invalid after ANI Technologies failed to provide details of the impact of the proposed combination on competition in the ride-hailing space. A modified proposal was then filed in September.
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