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The Indian Cabinet on Wednesday approved a new Consumer Protection Bill 2015 that seeks to replace a 29-year-old law and proposes to set up a regulatory authority which will have powers to recall products and initiate class class suit against defaulting companies, including e-tailers. The proposed new law assumes importance as there is growing concern […]
01 Aug 2015
I still freshly remember my first e-commerce transaction on bazee.com in the year 2000. I had bought a remote control wrist watch for Rs. 425. I paid through a cheque deposited in the bank directly into the seller’s account. I was very excited to buy it. However, I never received the product. But the disappointment […]
21 Nov 2014
In the next decade, India may add another India to itself in terms of GDP. Currently its GDP is close to $2 trillion, and 55-65 per cent of that is domestic consumption. India has entered the third decade after liberalisation, buffeted by changes on all fronts: consumption structures, consumer behaviours, citizen aspirations, digital media and […]
16 Jun 2014