The Bureau of Indian Standards (BIS) will engage stakeholders in the e-commerce space to establish standards with the objective of self-regulation, said its deputy director Parul Gupta at the Internet Commerce Summit 2022 in Bengaluru. "Standardisation will allow parties to transact qualified commodities and services at any location and time," said Gupta. BIS recently released standards for e-commerce players, travel portals, and food delivery platforms that publish consumer reviews online, as part of the government's efforts to crack down on fake reviews, said Gupta.
Education consultant Karan Gupta says one's focus should be on applying to the best global business schools rather than on a particular country.
Physical format stores are here to stay.
VCs have been especially bullish about India.
The time the companies have to get ready for GST is 6 to 12 months.
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