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.
The amendments have been proposed under the Consumer Protection (E-Commerce) Rules, 2020 ‘to