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Updated Guidelines on E-commerce Sector Make Business Tough In India

E-commerce guidelines will make doing business difficult in India

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E-commerce
Guidelines on E-commerce will have a negative impact on Business in India. Pixabay

The model framework for the guidelines on e-commerce consumer protection will cause unnecessary compliance burden on e-commerce entities, and hence will negatively impact ease of doing business in India, industry body Internet and Mobile Association of India (IAMAI) said on Tuesday.

India jumped 14 ranks to 63rd position in the World Bank’s “Doing Business” list released last month and was also among the top 10 progress making countries according to the multilateral agency in terms of ease of doing business.

Business in India
Business in India will be negatively affected due to the e-commerce guidelines. Pexels

E-commerce entities are already regulated by multiple authorities under the foreign direct investment (FDI) policy, the Legal Metrology Act, the Food Safety and Standards Act, the present Information Technology Act and the proposed draft National E-commerce Policy, said IAMAI which represents a wide spectrum of digital businesses in India.

“Each of these regulatory frameworks imposes different obligations and liabilities upon e-commerce entities, creating an atmosphere of regulatory uncertainty for the sector,” it said.

The model framework does not distinguish between the different models of e-commerce and thereby certain suggested provisions are redundant or superfluous for certain business models.

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The definition of e-commerce entity appears to be extending the scope of “e-commerce” beyond online marketplaces for goods and services by including �digital content providers’, which are otherwise not construed as being engaged in e-commerce, IAMAI said. (IANS)

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Lenovo India Launches New ThinkBook

Lenovo launches its new ThinkBook in India which will be benefical for SMBs

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Lenovo
Lenovo launched its ThinkBook in India. Pixabay

Lenovo India on Tuesday launched ThinkBook — a new sub-brand dedicated to small and medium-sized businesses (SMBs) in the country.

The company has made two additions to the ThinkBook sub-brand with the ThinkBook 14 and ThinkBook 15 which will be available in the first week of December at a starting price of Rs 30,990.

Backed by customer research, ThinkBook is specially designed for the SMBs, thus, providing a unique balance of premium metal design to appeal to the new workforce with business grade security and services.

“Our vision of smarter technology for all is a world where every person and business has access to technology that enables them to achieve their own intelligent transformation.

Lenovo ThinkBook
This device by Lenovo will be beneficial for SMBs. (Representational image only). Pixabay

“The new wave of young business leaders expects their workplace devices to do more but with a minimalist look. ThinkBook is a perfect fit to fill this existing product gap in the SMB marketplace,” Rahul Agarwal, CEO & MD, Lenovo India, said in a statement.

According to the company, the ThinkBook series allows growing firms to keep a competitive edge in attracting today’s young tech-savvy executives with cool looking yet secure devices.

Wrapped in a lightweight anodized aluminium chassis with a mineral grey finish, ThinkBook 14 and ThinkBook 15 are purposefully built with zinc-alloy hinges.

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The devices are powered by up to 10th Gen Intel Core i7 6-core processor.

To facilitate fast file transfers, the ThinkBook 14 and ThinkBook 15 are built with a USB Type-C port to enhance the device’s capability to get more done.

Both the devices are also equipped with AMD Radeon 625 and 620 graphic cards, respectively. (IANS)