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What India e-commerce policy entails for online retailers 4 min read   .   Updated: 16 Jan 2019, 08:05 AM IST Asit Ranjan Mishra The new rules for FDI in e-commerce, to be implemented from 1 February, could throw a spanner in India's thriving online retail sector. In a speech at the All India Traders Convention on 27 February 2014 ahead of the general election, Bharatiya Janata Party’s prime ministerial candidate Narendra Modi surprised everybody by not playing to the gallery. “I don’t know whether I will gain politically or not by saying this," Modi told an audience full of traders, his party’s core vote bank. “Whether you like it or not, we need not be afraid of the global challenges in the business world. We should convert this to opportunity. We should not think that ‘if online trade comes, we will be finished’. You should demand (of) the government how to increase your capability to meet this new global challenge rather than telling the government, ‘shut down o...

he ‘Flip’ Flop: Walmart Might Soon Exit Flipkart After ‘Limiting’ E-Commerce Policy, Warns Morgan Stanley Report by   Swarajya Staff   -     Feb 06 2019, 11:01 am US-based investment banking firm Morgan Stanley has warned that Walmart may offload its stake in Flipkart in response to the new FDI norms in India’s e-commerce market that came into force on 1 February (2019),  reports   Mint. "An exit is likely, not completely out of question, with the Indian e-commerce market becoming more complicated," said a report by Morgan Stanley. The US-based retail giant, Walmart  bought  a 77 per cent stake in Flipkart in May 2018 for $16 billion. Flipkart, along with Amazon India, dominates India’s e-commerce market. However, both the companies, along with several other players, face an uncertain future as the government moved to fix a loophole in its e-commerce policy that bars FDI in online shopping companies operating under the marketplace...