MAM
Govt issues notices to Flipkart, Amazon for not displaying country of origin
The government has cracked the whip on e-commerce giants Amazon and Flipkart for not displaying mandatory declaration on products, including country of origin. According to a PTI report, the Ministry of Consumer Affairs has sent notices to the two e-tailers demanding explanations for non-compliance within 15 days, failing which action would be initiated against them as per the provisions of the Legal Metrology Rules, 2011.
Govt issues notices to Flipkart and Amazon for not displaying mandatory declaration on products, including country of origin
— Press Trust of India (@PTI_News) October 16, 2020
Post the Indo-China conflict on the border, the government made it mandatory for the e-commerce players to mention the origin of the products on their websites. The rule was invoked to prevent Chinese companies from selling goods in the Indian market and help the Indian origin brands to reclaim their market share. While the e-tailers have asked their sellers to update the country of origin in August while listing their products on the websites, many haven’t managed to do so on pre-existing listings on the two websites. The notice comes amid the much-vaunted festive season when the two e-tailers have kickstarted their annual mega sales – Big Billion Day and Great Indian Festival. They have listed thousands of products on their websites and launched a massive marketing campaign to push that. Lakhs of people throughout the month will shop on Flipkart and Amazon to make the best of this sale and avail products on discounts. Every year, the two e-commerce giants clock over a billion plus dollars in sales (combined) throughout the country. They have created a strong distribution, procurement, communication network and have been including the local sellers and retailers to expand their reach to the last corner of the country.
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
