'FDI in e-retail to bring in clarity, boost sector'
Leading e-retailers, including Snapdeal, Tuesday welcomed the government's decision to open e-commerce market place for 100 percent FDI, even as IT industry body Nasscom termed 25 percent cap on sales from a single vendor or group entities as "restrictive".
Mar 29, 2016, 21:29 PM ISTAmazon to invest $2 bn in India; on track to hit $1 bn sales
The US-based firm's announcement comes less than 24 hours after rival Flipkart announced raising a whopping USD 1 billion funding, the largest in the e-commerce space in India.
Jul 30, 2014, 12:16 PM IST