India Proposes Tighter E-commerce Rules
Shoes and Accessories|June 2021
Following complaints from small businesses of misuse of market dominance and deep discounting by the online retailers, India plans to tighten rules for e-commerce marketplaces, including Amazon and Flipkart.

The rules propose to limit so-called ‘flash sales’ of goods and services by e-commerce companies, according to amendments to the Consumer Protection (E-commerce) Rules, 2020 suggested by the consumer affairs ministry.

Conventional e-commerce flash sales are not banned. Only specific flash sales or back-to-back sales that limit consumer choice, increase prices and prevent a level playing field are not allowed.

“Certain e-commerce entities are engaging in limiting consumer choice by indulging in ‘back to back’ or ‘flash’ sales wherein one seller selling on platform does not carry any inventory or order fulfilment capability but merely places a ‘flash or back to back’ order with another seller controlled by platform. This prevents a level playing field and ultimately limits customer choice and increases prices,” the ministry said.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM SHOES AND ACCESSORIESView All

New Balance and Olympian Sydney McLaughlin Team Up for Sleek Sneaker & Apparel Collection

New Balance has found its latest collaborator in Olympic track and field star Sydney McLaughlin.

1 min read
Shoes and Accessories
August - September, 2021

SABYASACHI X H&M COLLABORATION THEMED ‘WANDERLUST' LAUNCHED

The Sabyasachi x H&M collaboration themed “Wanderlust” presents rich textiles in modern as well as classic Indian silhouettes that resonate with the modern global nomad mindset.

1 min read
Shoes and Accessories
August - September, 2021

Skechers Donates $1 Million to Haiti Earthquake Relief Efforts

Skechers announced that it is supporting Haiti earthquake relief efforts with a $1 million donation. Over the weekend, a 7.2-magnitude earthquake hit the country and the death toll has since topped 2,000.

1 min read
Shoes and Accessories
August - September, 2021

HIDESIGN RELEASES FREEDOM COLLECTION

Freedom collection is ideal for the busy post-pandemic world, wherein we are slowly experiencing what Freedom feels like after months of restrictions and confinement in our own homes.

1 min read
Shoes and Accessories
August - September, 2021

FALGUNI SHANE PEACOCK UNVEIL LOVE IS COLLECTION AT INDIA COUTURE WEEK

The collection, Love is, has been crafted completely by hand to showcase the distinct handwriting and talents of a cluster of about 250 craftsmen from the FSP-adopted villages of Malihati, Islampur, Midnapore, Kharagpur and Marhtala in West Bengal with the couture signatures of Falguni Shane Peacock.

2 mins read
Shoes and Accessories
August - September, 2021

MYARAA BY NAMRATA LODHA X KATE STOLTZ

The collaboration entails a fusion between light straw hats by Myaraa complemented with scarves crafted out of luxury fibers by Kate Stoltz.

2 mins read
Shoes and Accessories
August - September, 2021

Flipkart and Myntra to retail Slazenger products in India

The Flipkart Group has partnered British sportswear and sports activities gear model Slazenger that may now be obtainable on each Myntra and Flipkart.

2 mins read
Shoes and Accessories
August - September, 2021

ADIDAS LAUNCHES FIRST FLAGSHIP STORE IN INDIA

Spread in 5900 sq ft of retail area across 4 floors, the store’s concept is brought to life inspired from the brand’s ‘OWN THE GAME’ strategy that focuses on 3 important aspects which are Experience, Sustainability, and Credibility.

2 mins read
Shoes and Accessories
August - September, 2021

Launch Trends Editor's Pick

Cardi B x REEBOK

6 mins read
Shoes and Accessories
August - September, 2021

Indian Economy To Grow At 8.3% In 2021: World Bank

The World Bank has slashed its 2021-22 GDP growth forecast for the Indian economy to 8.3 per cent from 10.1 per cent estimated in April, saying economic recovery is being hampered by the devastating second wave of coronavirus infections. It projected a 7.5 per cent economic growth in the 2022-23 fiscal (April 2022 to March 2023).

2 mins read
Shoes and Accessories
June 2021
RELATED STORIES

ITALIAN COMPETITION WATCHDOG FINES APPLE, AMAZON $225M

Italy’s antitrust watchdog has fined Apple and Amazon a total of more than 200 million euros ($225 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union rules.

1 min read
Techlife News
27, November 2021

GM's Exit From India Hits a Roadblock

The long-delayed sale of its plants to a Chinese company faces local labor and political opposition

5 mins read
Bloomberg Businessweek
November 22 - 29, 2021

Self- acceptance

ELIZABETH DENLEY has been a student of both science and spirituality all her life. Trained as a scientist, she turned her field of inquiry and research skills to the field of meditation and spirituality after starting the Heartfulness practices in the late 80s. Here she shares some thoughts on the importance of selfacceptance.

6 mins read
Heartfulness eMagazine
November 2021

The New Storytelling:We Are All Indigenous Global Citizens

WAKANYI HOFFMAN is a Global Education Specialist and founder of the African Folktales Project. In Part 2 of her interview with SARA BUBBER, Wakanyi shares the value of storytelling, passing down wisdom through generations, her Kikuyu culture, and how we are all indigenous global citizens.

7 mins read
Heartfulness eMagazine
November 2021

The Vaccine's Last Mile Problem

India is racing to vaccinate its villages, including many in remote and desperately poor areas where suspicion of the government’s motives runs deep

10+ mins read
Bloomberg Businessweek
November 15, 2021

India's Fintech Boom

A government-backed system of digital payments has set offa wave of innovation

3 mins read
Bloomberg Businessweek
November 08, 2021

Amazon Fire TV Stick 4K Max: Excellent Media Streamer

Wi-Fi 6 is capable of higher speeds and better performance than the Wi-Fi 5 we’re used to, especially in crowded network environments, and Amazon’s Fire TV Stick 4K Max is the first media streamer under $100 we’ve seen to support the standard (the $180 Apple TV 4K also uses it).

9 mins read
PC Magazine
November 2021

Hot Stuff

What we're raving about this month

1 min read
Macworld
November 2021

Amazon Unpacked A-Z

It doesn’t matter that Jeff Bezos has stepped down: No industry is safe from the company’s relentless ambition. A complete guide to Amazon’s staggeringly large and ever-mutating domain, most of which you can’t even see.

10+ mins read
Fast Company
November 2021

Unhappy Returns

What really happens to all the pants that don’t fit

10+ mins read
The Atlantic
November 2021