Flipkart Says New E-Commerce Rules To "Have Long-Term Implications"

The policy changes the government announced on Wednesday for the e-commerce sector would have long term implications, said leading e-tailer Flipkart on Friday. "The government policy changes will have long-term implications for the evolution of the promising sector and whole ecosystem," said the city-based e-commerce major in an e-mail to IANS. The renewed policy on Foreign Direct Investment (FDI) in e-commerce envisages a level play...