No extension of February 1 deadline to comply with e-commerce FDI norms : DIPP

In a major setback to Amazon and Walmart-led Flipkart, the Department of Industrial Policy and Promotion (DIPP) on Thursday rejected the request to delay the implementation of the new FDI norms for the e-commerce sector. The new norms come into effect from Friday.

from Gadgets Now http://bit.ly/2ToifzJ