Sunday, 20 October 2019

DPIIT Asks Amazon, Flipkart to Reveal Top Five Sellers, Fund Flow, Business Model, and More

After repeated complaints by the Confederation of All India Traders (CAIT) over alleged violation of FDI norms by e-commerce majors, the Department for Promotion of Industry and Internal Trade (DPIIT) has sent a questionnaire to Amazon and Flipkart over their adherence to the norms for Foreign Direct Investment (FDI).

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