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FDI norms in e-marketplace: Legal take on nuts and bolts

Wednesday, March 30, 2016 | More »

Abhilekh Verma and Sanjay Khan Nagra
The Department of Industrial Policy and Promotion (DIPP) has finally, by Press Note #3 of 2016 Series (PN3) stated that 100 per cent foreign direct investment (FDI) is allowed under the automatic route in “marketplace model of e-commerce”. PN3 specifically defines what a “marketplace model” ...