Update at 4:45 pm: An IndiaMart spokesperson told MediaNama that it had not received any notice from the DCGI, nor were any raids been carried out on any premises of IndiaMart. The company also said that it is an intermediary, and does not carry out sale and purchase transactions. It only "facilitates display or at the most advertises" people who have listed themselves on the platform. IndiaMart has not received any show cause notice on the issue. Also, IndiaMart is only an “intermediary” no transaction of sale and purchase or trade or commerce etc. takes place on IndiaMart platform. Our platform only facilitates display or at max advertises for the person who has listed himself being engaged in certain commercial activities. In case of any unethical activity on the platform, the company takes strict action and remove the listing of the products. On due diligence IndiaMart added, "We follow a quality and strict due diligence process, the company takes in the record contact details of the seller along with aadhaar details and GST details before listing anything its platform." - An IndiaMart spokesperson Earlier today: Amazon, Flipkart and IndiaMart were served notices by apex drug regulator Drugs Controller General of India (DCGI) for allegedly selling "spurious and adulterated" cosmetics, reports the Indian Express. The platforms have 10 days to respond, failing which, there would be penal action “offering for sale, sale and distribution of spurious, adulterated cosmetics and cosmetics manufactured without valid license in contravention of the Drugs and Cosmetics Act, 1940”.…
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