Page 7 - Cait

Amazon's $1 bn to encourage predatory pricing, crush retail trade: CAIT

CAIT, which has been opposing Bezos' visit to India, said more than 500,000 traders supported its protests in about 300 cities, and about 5,000 trade associations participated

Individual traders' e-stores ready, to launch at national level soon: CAIT

CAIT has, in the past, accused e-commerce firms like Amazon and Walmart-owned Flipkart of anti-competitive practices like preferential listing, exclusive tie-ups and private labels.

Will urge FM to probe alleged avoidance of GST by Amazon, Flipkart: CAIT

The CAIT also said the visit of Jeff Bezos, founder of Amazon, on Wednesday to India will be greeted with strong protest from traders across country

CCI's suggestions for e-commerce companies receive a mixed reaction

The Confederation of All India Traders has opposed the proposed self-regulation

Amazon, Flipkart planning to help SMEs go digital and grow their businesses

E-commerce giants adopt similar strategy to helps SMEs

'Economic terrorists': CAIT lashes out at Amazon and Flipkart, seeks action

CAIT claimed that small retailers have suffered at the hands of Amazon, Flipkart

Traders to protest against Amazon, Flipkart in 700 cities on Nov 20: CAIT

n Delhi, a massive 'dharna' will be held from 11:30 am to 1:30 pm in Sadar Bazaar, it added.

Govt mulls setting up a regulatory authority to monitor e-commerce sector

The official in the Department for Promotion of Industry and Internal Trade (DPIIT) said that they are currently working on a policy for e-commerce sector and are examining several issues under that.

Set up panel to look into allegations against Flipkart: CAIT to govt

In a statement, CAIT has levelled several allegations against Flipkart which include circumventing the law, causing huge GST and Income Tax revenue loss to the governmen, bypassing the FDI policy

CAIT to launch a nation-wide movement against Amazon and Flipkart

Union Minister Piyush Goyal had last month said the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon.

CAIT urges Modi govt to probe FDI policy violations by Amazon, Flipkart

The traders' body has strongly objected to the business model of both the companies

Minimum wage hike: Traders' body opposes Delhi govt move, demands rollback

Around 55 lakh workers in the city will benefit from the increased minimum wages that have been notified by the Delhi government following the Supreme Court's recent order

E-tail discounts denting GST revenue, business model needs review: CAIT

CAIT has claimed that e-commerce companies Amazon and Flipkart and others were selling goods much below their market value thus denying the Government of its due legitimate GST revenue

CAIT urges PM not to concede any ground to Walmart, e-commerce firms

Confederation of All India Traders (CAIT) wrote to the Prime Minister after Walmart CEO Doug McMillon raised issues concerning data privacy and regulatory stability for the e-commerce sector

Unholy nexus: CAIT wants govt to probe e-commerce firms' ties with banks

Traders' body CAIT on Sunday demanded a high-level enquiry by the Centre to probe the "unholy nexus" of e-commerce firms, companies owning brands and banks for causing price distortion in the country's e-commerce market. Praveen Khandelwal, Secretary General of the Confederation of All India Traders (CAIT) also urged Prime Minister Narendra Modi to constitute a Group of Ministers (GoM) to look into the alleged distortions, both in the e-commerce and brick & mortar format of retail. Union Minister Piyush Goyal had earlier this week said that the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon. In a statement, CAIT claimed that not only e-commerce firms like Amazon and Flipkart, but a large number of companies owning brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and other sectors, and various banks are also responsible for distortion in prices of different products on online portals. "It is ...

CAIT meets Amazon and Flipkart officials again, no conclusion reached

The Friday meeting comes in quick succession after one round of meetings among the same stakeholders on Thursday

Predatory pricing: Goyal summons Amazon, Flipkart to discuss CAIT complaint

CAIT says there must be a govt audit of how e-commerce portals function, including the business done by sellers and their authenticity

No slowdown, auto sector making hue and cry to get package from govt: CAIT

Citing an example of new vehicle launches, CAIT said companies have received huge number of bookings, which do not reflect any slowdown in the sector

Traders group wants ban on Amazon, Flipkart's festive season sale

Its demand is unlikely to see government action before this year's sales kick off but it could help frame government policy on deep discounts

Traders not annoyed with GST, instead willing to adopt it: CAIT to Rahul

The biggest relief from the GST is that it has relived traders from continuous Inspector Rule and lot of burden of complying the taxation system and paper work, says CAIT National Secretary General