Bansal’s comments come after the department for promotion of industry and internal trade (DPIIT) updated the foreign direct investment (FDI) policy for the online retail industry in late December, which caught the industry by surprise. It went into effect on February 1 and was an amendment to the policy on online marketplaces first released in March 2016.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2SiHSWl
