The Associated Chambers of Commerce and Industry of India (ASSOCHAM) inaugurated an office in North America to strengthen India Inc’s presence in the country. Chaired by Pavan Abraham, president, PeopleHive LLC, the North America office forms part of the chamber’s strategic plan to expand into promising markets and strengthen global...
Amazon India, and Flipkart Beat a New Path to Customers’ Doors
New rules for e-commerce in India framed by the Department of Industrial Policy and Promotion bar any one merchant on sites such as Amazon, Flipkart or Snapdeal from accounting for 25 percent or more of total sales. The rules also stipulate that "e-commerce entities providing marketplace will not directly or...