Praveen Khandelwal
Big Grid
CAIT says 2% extra tax on foreign e-comm majors will ‘level playing field’
The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2% extra tax on foreign e-commerce companies whether engaged in business of sale of goods or providing services, acceptance of offer for sale, placing of...
Big Grid
Take action against Amazon, Flipkart, Swiggy, Zomato for ‘daylight robbery’: CAIT
The Confederation of All India Traders (CAIT) said in a statement that its delegation held a meeting late on Thursday with Indian Commerce Minister Piyush Goyal, who told them a "strenuous exercise" was underway to issue new foreign investment rules.
"Mr. Goyal told...
Retail
Amazon's manipulative policies to dominate Indian retail must end: CAIT
Trader's body CAIT on Monday said Amazon's "manipulative, coercive, arbitrary and dictatorial policies" to dominate India's retail trade should come to an end, hours after the Delhi High Court passed an order related to Future Group's proposed asset sale to Reliance Retail, a deal...
Retail
India's retail trade loses Rs 15 lakh cr in 100 days
IANS -
The ongoing pandemic has hit every sector of the Indian economy hard and the retail trade in the country has lost about Rs 15.5 lakh crore in the past 100 days.
In a statement, the Confederation of All India Traders...
Retail
Retailers upset over no govt support
IANS -
Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20 lakh crore economic package to tide over the coronavirus crisis, but a major segment of the economy - the retailers and...
Retail
Lockdown 3.0: More shops expected to re-open but confusion reigns, say retailers
Retailers and traders expect to re-open more shops from Monday under the new relaxed guidelines by the government for the extended lockdown period till May 17, although they are still seeking clarity from local authorities.
According to a PTI report:...
Retail
CAIT to soon launch 'bharatemarket.in' for online retail trade
IANS -
The Confederation of All India Traders (CAIT) on Friday announced that it will soon launch an e-commerce platform -- bharatemarket.in -- for retail traders across the country.
"The e-commerce portal will include a nationwide participation by real-world retailers, who have...
Retail
CAIT, DPIIT to launch e-commerce platform for small retailers
IANS -
The Confederation of All India Traders (CAIT) and the Department for Promotion of Industry & Internal Trade (DPIIT) have joined hands to come up with an e-commerce platform for local retailers and grocery stores.
The announcement comes a day after...
Retail
Bezos's India visit crucial as e-commerce space gets fierce
IANS -
As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...
Retail
E-commerce norms flouted despite Amazon India tweaking ownership
IANS -
The Indian e-commerce market is expected to reach $200 billion by 2026 from the current $48.5 billion (as of 2018) and to create a level-playing field for small and medium players, the government brought in a new e-commerce policy...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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