The government is considering extending the deadline of February 1 by when recently announced changes in the foreign direct investment policy for e-commerce are to take effect, said people with knowledge of the matter. “The government is considering giving an extension, but no final decision has been taken,” said a senior official. Amazon and Walmart-owned […]

Paytm founder Vijay Shekhar Sharma has denied that the company is planning to exit the online marketplace business but said its newly-launched online wholesale business is expected to generate about 15% of the Paytm Mall’s business in the coming years. Three people close to the Noida-based mobile payments and e-commerce firm, however, said Paytm is […]

In what was the first big sale event of 2019, online merchants on Flipkart and Amazon registered a tepid response, blaming weak consumer sentiment and lack of awareness created by the two firms. The sales which kicked off on January 20, did little to move the sales needle for online vendors despite them running promotions. […]

It was just before he demitted office in 2016 that the then Reserve Bank of India governor, Raghuram Rajan, the darling of the digital financial services sector, released a consultation paper on peer-to-peer lending. P2P lending enables individuals to borrow and lend money through online platforms that match lenders with borrowers, and was expected to […]

Flipkart has come a long way since group CEO Kalyan Krishnamurthy began his second innings at the homegrown e-commerce company in 2016 — arguably one of its most troubled phases with Amazon snapping at its heels. A canny operator, Krishnamurthy swooped down and tightened the ship. One of the key areas he addressed then was […]

News Cisco Warns of Vulnerability in SD-WAN Offering By David Ramel 01/24/2019 Cisco has released software updates to fix a vulnerability in its software-defined wide-area networking (SD-WAN) solution, a fast-growing segment of the software-centric networking transformation. “A vulnerability in the vContainer of the Cisco SD-WAN Solution could allow an authenticated, remote attacker to cause a […]

The multilateral trading systems and the WTO are headed for the “dark ages” unless they urgently evolve to respond to a fast-changing world, the global trade organisation’s chief Roberto Azevedo warned Thursday. Speaking here at the World Economic Forum Annual Meeting, he also said the world needs a global multilateral agreement for e-commerce. The world […]

The United States government is concerned about India’s revised e-commerce regulations and has told officials in New Delhi the policy will hinder the Indian investment plans of Amazon and Walmart, three sources familiar with the talks told Reuters. The tussle marks the latest in a number of U.S. protests over Indian government policies which impact […]

Facebook has announced that it will proactively shut down fake Groups and Pages, even if they were not found to be in violation of its Community Guidelines In a blog post on Wednesday, the social media giant said when a Page or Group is removed for violating policies, “we may now also remove other Pages […]

Amazon spent $14.19 million on lobbying the U.S. government in 2018, according to a regulatory filing, beating its year-ago record, as large U.S. technology companies pushed back on issues such as privacy, immigration and new tariffs. Issues of interest to Amazon also included healthcare plans, drug prices and food safety that were discussed with the […]