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DGFT defines e-commerce for export

The Commerce Ministry on Thursday said that online transactions of goods adhering to the e-commerce norms will be entitled to duty benefits under the Merchandise Exports from India Scheme (MEIS). Defining "e-commerce" for the purpose of MEIS, the Director General...

IAMAI welcomes 100 pc FDI; RSS, CAIT oppose

With an aim to attract more foreign investments, the Government has permitted 100 per cent Foreign Direct Investment (FDI) in the market place format of e-commerce retailing. FDI has not been allowed in inventory-based model of e-commerce as per...

CAIT subsidiary plans 500 retail schools in India

To combat the increasing competition from modern retailers, a traders’ body, the subsidiary of Confederation of All India Traders (CAIT), has announced that it will set up retail schools country wide to train an estimated around five crore small...

Industry condemns closure of retail stores in UP

Industry has condemned the decision of the UP government for closure of retail stores of various corporates in the state.Speaking to Indiaretailing, a spokesperson for industry chamber ASSOCHAM said, "The decision of the state government will send out adverse...
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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: The...
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