Praveen Khandelwal
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
Retailers offer deep discounts to clear piled up inventory
IANS -
The festival season discount is back, but what would cheer the shoppers more this time are the sharper discounts offered by retailers across categories -- from kitchenware and electronic items to apparels -- to clear off the inventory.While offline...
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 might approach CCI over Walmart-Flipkart deal
IANS -
The Confederation of All India Traders (CAIT) on Thursday said that it might approach the Competition Commission of India (CCI) to seek "a ban" on the Walmart-Flipkart deal after studying the metrics of the agreement.CAIT Secretary General Praveen Khandelwal...
Retail
CAIT makes strong objections on e-commerce policy
Confederation of All India Traders (CAIT) has attacked the Government for preferential treatment to e-commerce and lamented the step motherly attitude towards domestic trade.While registering its strong protest for not being invited to a meeting on e-commerce last week...
Retail
Govt must seek traders’ views on e-commerce policy: CAIT
Traders body CAIT has demanded that its views be taken on the proposed policy on the e-commerce sector.The Confederation of Indian Traders (CAIT) said its representative was not invited in Tuesday's stakeholders meeting on the e-commerce policy.This is a...
Retail
CAIT writes to PM seeking national retail trade policy
Traders' body CAIT said it has written to Prime Minister Narendra Modi seeking a national policy for retail trade and formation of a separate ministry of internal trade.In a statement, the Confederation of All India Traders (CAIT) said it...
Retail
‘E-commerce in India has destroyed domestic trade; Govt remains mute spectator’
Taking its strong view against e-commerce platforms for indulging in to deep discounting and loss funding thereby violating FDI Policy 2016 of the Union Government, the Confederation of All India Traders (CAIT) lashed out at Suresh Prabhu, Minister for...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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