RBI Imposes ₹ 25 Lakh Penalty On Axis Bank For Violating Certain Norms
RBI imposed a monetary penalty of ₹ 25 lakh on Axis Bank as it failed to comply with certain provisions of Know Your Customer (KYC) norms. The Reserve Bank of…
Shopee tests India e-commerce market dominated by Amazon, Flipkart
Singapore-headquartered Sea Ltd’s Shopee has launched a recruitment campaign for sellers to sell on “Shopee India” and is ramping up hiring in the country whose e-commerce industry is dominated by…
Tax refunds for exporters: Will the new scheme help?
The commerce ministry has released details of a new scheme to help exporters stay competitive and increase exports, at a time global demand for Indian goods has risen due to…
Govt may not wait for new data norms to roll out e-commerce policy
The e-commerce policy is different from the draft rules for e-commerce marketplaces notified by the consumer affairs ministry NEW DELHI : The commerce ministry will proceed with the proposed e-commerce…
आज मनाया जाएगा श्री कृष्ण जन्माष्टमी का त्योहार, मथुरा में तैयारियां पूरी, दिल्ली के मंदिरों में भक्तों के बिना होगी पूजा
CM योगी आज दोपहर मथुरा आएंगे. वह कृष्णोत्सव का उद्घाटन करने के लिए रामलीला मैदान जाएंगे. मथुरा में करीब 90 मिनट ठहरने का कार्यक्रम है इस दौरान वह श्रीकृष्ण जन्मस्थान…
Centre Extends Deadline For Seeking Comments On Draft E-Commerce Rules Till July 21
The extension was given after several e-commerce firms urged the Centre to give them some more time to submit comments on the new rules. The Centre has extended the deadline…
Tesla’s Elon Musk signals concerns over Nvidia deal for UK chip maker: Report
E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with US authorities Tesla Inc Chief Executive Elon Musk has signaled competition…
E-commerce rules may keep logistics out
The govt may keep logistics suppliers to e-commerce companies outside the definition of ‘related parties’, conceding a major demand of online retailers who had opposed such classification NEW DELHI :…
Flipkart adds new warehouses in Karnataka, to create over 14,000 job opportunities
Flipkart has nine supply chain facilities, including fulfilment and sortation hubs in Karnataka spread across nearly 23 lakh square feet area and has created more than 26,000 direct and indirect…
E-tailers can’t store your card data, says RBI
In terms of the new guidelines for payment gateways and payment aggregators, online merchants will not be able to store credit card data, forcing customers to enter their 16-digit numbers…