CAIT
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
Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED
IANS -
The Confederation of All India Traders (CAIT) has asked the Enforcement Directorate to immediately punish Amazon for the brazen violations of FEMA Act, Rules and Regulations by imposing maximum penalty of 3 times the value of the illegal investments...
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
Gradual opening up non-essential goods via e-commerce will help meet consumer demands: Flipkart
Walmart-owned Flipkart on Saturday said gradual opening up delivery of non-essential goods through e-commerce will help meet consumer demands, while easing the burden of piled up inventory of micro, small and medium enterprises amid the nationwide lockdown.
According to a...
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...
Fashion
CAIT awaits clarity on relaxed lockdown norms on shops
IANS -
The Confederation of All India Traders (CAIT) on Sunday said that "confusion" is preventing traders from opening shops even following the orders issued by Ministry of Home Affairs and various state governments.
In a statement, CAIT said: "Despite of the...
Retail
Coronavirus Impact: India’s retail trade incurs losses worth US$ 30 billion last fortnight
IANS -
Retailers have incurred around US$ 30 billion losses in the past 15 days due to the lockdown announced by the government to contain Covid-19 spread, according to the Confederation of All India Traders (CAIT).
"The losses incurred by the retail...
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Zinka Logistics IPO subscribed 1.86 times
The share sale received bids for 4,19,40,018 shares, as against 2,25,67,270 shares on offer, as per NSE data.New Delhi:Â The...
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