Flipkart hearing which alleges Flipkart of contravention of foreign investment norms. The court asked the Reserve Bank of India to provide the latest circular on foreign investment policy. In January 2016, the Department of Industrial Policy and Promotion (DIPP) clarified that it does not recognise the marketplace model of online retail. In February 2016, Health Minister, J P Nadda, informed that the Maharashtra FDA had taken action against Flipkart, among others, for selling drugs without valid license. Flipkart maintains several house brands, including Citron (home appliances) and Digiflip (formerly for electronics and accessories). In 2017, Flipkart launched additional brands, including Billion
Property retailer Property retailer In the U.K., a property retailer is an organisation marketing property for sale, but not offering Estate Agency services. Property Retailers are usually online based. Estate Agents in the UK are regulated by the Office of Fair Trading/The Property Ombudsman, and there is also legislation relating to property descriptions and procedures which must be adhered to. Estate Agent services include fielding enquiries on behalf of sellers, arranging appointments and viewings, and handling negotiations. The Office of Fair Trading state that some Property Retailers may also be acting as Estate Agents and could therefore be breaking the law relating