Cait

Retail trade policy will be a half-baked without an e-commerce policy: CAIT

CAIT urged the government to investigate the business module of e-commerce companies since every company is showing huge losses year on year but are still continuing with their business activities

CAIT urges govt for amnesty scheme under Master Plan of Delhi-2041

Traders' body, Confederation of All India Traders (CAIT) has sought the attention of the Urban Affairs Minister urging an Amnesty Scheme under Master Plan of Delhi-2041

CAIT urges union FM on financial support for small traders in Budget

Traders' body, the Confederation of All India Traders (CAIT) has urged the Union Finance Minister for financial support policies for small traders in the upcoming Budget

Over 7 mn weddings likely in next 6 months, Rs 13-trn expenditure estimated

During November-December last year, 32 lakh marriages were solemnised all over the country with an expenditure of Rs 3.75 trillion

Important to put curbs on cross-border data flow: CAIT writes to minister

The proposed legislation should also clarify that in the event of conflicts with sectoral rules and regulations

CAIT upbeat about consumer spending in upcoming Diwali festive season

"The expected growth in business among cities will not be restricted to cities alone but traders in small towns and rural areas will also witness growth," it said.

Traders body CAIT seeks withdrawal of GST on pre-packed food items

Traders body CAIT on Wednesday demanded the rollback of the 5 per cent GST on pre-packed and labelled food items, saying the decision has put an "unnecessary burden" on public

Metro AG: In deal season, German cash & carry chain feels the heat in India

The low-profile German cash & carry chain is suddenly finding itself at the centre of controversy as negotiations for the sale of its India business get underway

KKR India advisor, TCS CEO among 29 members inducted in Board of Trade

The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade

Industry body voices concern over 5% GST on hospital room tariffs

Ficci bats for zero GST on health care in letter to FM; CAIT against tax tweaks on food items

CAIT alleges FDI policy violations by Metro; German retailer denies charge

Traders' body CAIT on Thursday accused Metro AG of fund diversion and violating FDI regulations in India, a charge which the German cash-and-carry major rejected as "false and malicious". The Confederation of All India Traders (CAIT) raised serious objections over the business practices of Metro AG's Indian subsidiary Metro Cash & Carry. Metro Cash & Carry India currently operates 31 stores in the country under the brand Metro Wholesale. Metro AG, which had entered the Indian market in 2003, is now reportedly scouting for a partner to sell a majority stake in its Indian subsidiary. Several entities, including Amazon, Thailand's Charoen Pokphand (CP) Group, Reliance Retail, Avenue Supermarts (D-Mart), Tata Group and Lulu Group, are said to be in the race to acquire the majority stake. "As per the media reports Metro Germany is looking to sell the India business and make profits of over Rs 10,000 crore on its investment in India which is nothing but the diversion of funds by ...

Delhi govt's move to ban heavy vehicles in city to hurt business: CAIT

In a bid to curb vehicular pollution, the Delhi government has decided to ban the entry of medium and heavy goods vehicles to the national capital from October to February

Standing Committee on Finance to discuss big tech firms' practices Thursday

The panel, headed by former minister of state for finance Jayant Sinha, will also hear the views of the Confederation of All India Traders (CAIT) on the subject

CAIT seeks probe against Flipkart on purported role in narcotics trade

The seized drugs were kept in backpacks and jute bags and were wrapped in packets of e-commerce major Flipkart and other companies, according to reports

Top traders body CAIT lauds CCI raids on Amazon sellers Cloudtail, Appario

India's antitrust body has reportedly launched raids against the two top domestic sellers of Amazon over accusations of having violated competition laws

Not big players, but small brands catering to the needs of India: CAIT

CAIT said it is a myth that about 3,000 big brands of corporate houses are catering to the needs of the people of the country

Russia-Ukraine conflict opened opportunities for Indian exporters: CAIT

CAIT termed this situation as a "blessing in disguise" for Indian manufacturers and traders to fill the void with Indian goods

E-commerce portal Shopee shuts shop in India, CAIT welcomes move

Shopee will cease operations in India from Tuesday and aims to process all orders placed before that

Traders' body calls for introducing a regulator for e-commerce sector

CAIT says currently different e-commerce entities being regulated by different entities, resulting in a piecemeal approach and causing confusion among various stakeholders

Multinational e-commerce players violating FDI rules, alleges CAIT

Few multinational e-commerce entities with heavy arsenal of funding operating in India have attempted to flout the FDI norms, said CAIT.