CAIT
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...
Retail
Festival sales dip 40 pc in retail stores, footfall down 60 pc
IANS -
As a consumption slowdown grips the economy, even festival season sales (September-October) have taken a massive hit this year, with sales down around 40 per cent compared to a year-ago period.The Secretary General of the Confederation of All India...
Retail
Traders’ body to move court against CCI nod for Walmart-Flipkart deal
IANS -
Fair trade watchdog Competition Commission of India (CCI) has approved the acquisition of e-commerce major Flipkart by Wal-Mart International Holdings.However, a traders' body said that it will move the court against the approval."@CCI_India approves proposed acquisition of Flipkart Private...
Retail
Partnership with Flipkart to provide marketplace for thousands of suppliers: Walmart India
IANS -
Cash-and-carry major Walmart India on Monday said that its partnership with e-commerce giant Flipkart will provide thousands of local suppliers and manufacturers access to consumers through the marketplace model.Walmart India's statement comes on a day, when traders across the...
Retail
Walmart deal will be cancerous to retail trade, says CAIT
The Walmart-Flipkart deal will be cancerous for the Indian retail industry, the Confederation of All India Traders (CAIT) has said in a letter to Finance Minister Piyush Goyal.According to a PTI report: CAIT said that its letter has also...
Retail
CAIT threatens nationwide agitation over Walmart-Flipkart deal
Retail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the government clears US $16 billion Walmart-Flipkart deal."Since last five years we are knocking the doors of the government for bringing reforms in e-commerce but...
Retail
Commerce ministry forwards complaint of FDI policy violation by e-comm companies to ED, RBI: CAIT
Traders' body CAIT on Thursday said the commerce and industry ministry has forwarded its complaint with regard to violation of FDI policies by e-commerce firms to the RBI and Enforcement Directorate (ED) for necessary action."Enforcement Directorate and Reserve Bank...
Retail
CAIT files complaint with ED against Flipkart, alleges FDI norms violation
Traders' body CAIT has said it has filed a complaint against Flipkart with the Enforcement Directorate for alleged violation of the government's foreign direct investment (FDI) policy.In a statement, the Confederation of All India Traders (CAIT) said it "has...
Retail
Retailers to move CCI against Walmart-Flipkart
Retailers have joined hands to approach fair trade regulator CCI against US $16 billion Walmart-Flipkart deal as they apprehend that the it would lead to massive job loss and be a 'nightmare for retail trade of the country.According to...
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By December 2026, The Souled Store expects to have about 200 stores: Co-Founder Harsh Lal
Harsh Lal, co-founder of The Souled Store, shares insights into the brand’s journey, design strategies, plans for both online...
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