China’s Huawei Tech seeks access to India’s ‘Trusted Telecom Portal’ and e-commerce firms in India face sharper scrutiny. Top headlines this morning.
Govt plans stiff compliance, flash sale ban in draft norms for e-commerce firms
The Centre is planning guidelines for e-commerce companies, including appointment of a chief compliance officer, giving preference to the sale of locally produced goods, mandatory registration of e-tailers with Department for Promotion of Industry and Internal Trade (DPIIT), in an attempt to tighten the regulatory regime and make these companies more accountable.