Snapdeal, ShopClues oppose revised e-comm policy extension

Domestic online retailers like Snapdeal and ShopClues have opposed the extension of the February 1 deadline for implementation of revised FDI policy on e-commerce. “An immediate...implementation of [revised policy] is important to ensure growth...of India’s small businesses,” Snapdeal Co-founder Kunal Bahl said. E-commerce platforms Amazon and Flipkart had sought for an extension of the deadline.