Government has received over 1,300 complaints against direct selling and e-commerce companies till December 2016, Parliament was informed today.
Jabong.com has put itself out in the market and the grapevine has it that the online fashion retailer, owned by Global Fashion Group (GFG), has received interest from the likes of Alibaba, Future Group, Flipkart's unit Myntra and Aditya Birla's e-retail business Abof and Snapdeal. And it has made all the right moves so far.
Allowing petitions by Flipkart and Myntra, Justice A K Jayasankar Nambiar wondered how the authorities could levy tax or impose penalty in the absence of any material to suggest that returns filed by the sellers had been rejected by concerned authorities.
It's time for brisk business for Indian online players. In the ongoing festive season, e-commerce players have seen sales grow between 30-70 percent over the non-festive season and modestly higher even compared to last year's festive season.