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Devil in the fineprint: India keeps out e-commerce from FDI in multi-brand retail

Thursday, September 20, 2012 | More »

The government has specifically excluded e-commerce firms from its decision to allow up to 51 per cent foreign direct investment (FDI) in multi-brand retail, the fine print of the formal notification of the policy move reveals. In simple terms, it means e-commerce firms or firms that run online reta...