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CAIT demands strict action against Amazon for alleged sale of marijuana

The Confederation of All India Traders (CAIT) on Monday demanded strict action against e-commerce giant Amazon for the alleged sale of marijuana on its platform

Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team

Business Standard brings you the top stories from today

HC directs CCI to decide on CAIT's complaint against Amazon within 2 weeks

CAIT had moved CCI to revoke approval for the Amazon-Future Coupons deal

CAIT to hold nationwide protests tomorrow over narcotics sale online

CAIT will hold protests on November 17 in around 1000 cities across the nation over the drug peddling gang using e-commerce sites to supply marijuana

3 arrested for selling 20kg weed on Amazon India: Newspaper report

E-commerce website's comment awaited as traders association seeks action against it.

CAIT urges CCI to revoke approval to Amazon for Future Coupons deal

CAIT also wrote to the CCI highlighting the claims made by Future Retail's independent directors.

Bumper Diwali sales: Not revenge buying but sustainable demand

The confederation said the upswing was not triggered by 'Revenge Buying' but a 'Sustainable' demand trend.

Diwali festive sale crosses Rs 1.25 trn, breaks all records in 10 yrs: CAIT

Local shops on Amazon clocked a 2x spike and sold over 10 products every minute

CAIT pegs Rs 50,000 cr losses to Chinese exporters this Diwali

The Confederation of All India Traders (CAIT) also expects that consumers may spend about Rs 2 lakh crore during the Diwali festival sale period.

HDFC Bank, Mastercard, USAID commit $100-mn credit facility for small biz

The new credit facility aims to expand lending to small businesses in India that need financing to maintain and grow their operations, says HDFC Bank

US lawmakers protest more than Indians over Amazon's rigging in India: CAIT

The Confederation of All India Traders told Union Commerce Minister Piyush Goyal that in India political parties are silent on this matter

CAIT criticizes Gujarat government for signing MoU with Amazon

The Confederation of All India Traders (CAIT) on Tuesday criticized the Gujarat government for signing a pact with Amazon, alleging the US-based e-commerce giant indulges in anti-competitive practices

CAIT slams Niti Aayog for interfering in e-commerce rules

CAIT slammed the Niti Aayog for interfering in the e-commerce Rules proposed by Consumer Affairs Ministry, said that such a line taken by Niti Aayog seems to be under pressure of e-commerce giants

Uncertainty over future in Afghanistan will impact bilateral trade: CAIT

CAIT Secretary-General Praveen Khandelwal said prices in the markets might go up

Centre mulls changes in draft e-commerce rules, give clarity on flash sales

Revised norms will clear ambiguity on proposed amendments, say officials

ED serving notice to Flipkart and not Amazon 'raises suspicion': CAIT

Influential trade association writes to investigating agency, appeals to commerce and finance ministers.

CAIT says draft e-commerce rules to end crony capitalism in the sector

The traders' body has also suggested to come up with a monitoring mechanism to ensure compliance of these regulations by the online majors.

Govt-appointed council on curbing digital monopolies holds first meeting

The council deliberated on several issues concerning the formation of the ONDC platform and setting out basic fundamentals of this platform, CAIT said in a statement

CAIT against extension of deadline for comments on draft e-commerce rules

Amid reports to extend deadline for submission of comments on draft e-commerce rules, CAIT has described such requests as delaying tactics, said there is no need for any extension of deadline.

Traders body CAIT urges govt not to dilute draft e-commerce rules

Domestic traders' body CAIT on Sunday urged the government not to dilute the draft of e-commerce rules under any pressure of foreign-funded online firms. In a communication to Prime Minister Narendra Modi, the Confederation of All India Traders (CAIT) said it has been observed that voices of terming the rules as stringent is being created. "In the wake of expected pressure tactics of foreign funded e-commerce companies against the draft of e-commerce rules...(we urged) him (prime minister) to ensure that no dilution is made in draft of e-commerce rules under any pressure," CAIT said in a statement. The draft rules after examining the suggestions and objections should be notified without any further delay, it added. It alleged that unethical and law violating business practices of foreign funded e-commerce companies has forced closure of a large number of shops in the country. "Traders of India are not against e-commerce but are of the considered opinion that e-commerce is the mos