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CAIT fully geared up to fight Amazon, Flipkart

Over five years, Amazon, Flipkart and many other foreign-funded e-commerce companies have indulged in unethical business practices with an objective of taking control of e-commerce, retail business.

CAIT hails HC order, asks Goyal to direct CCI probe into Amazon, Flipkart

On Friday, the Karnataka High Court dismissed a petition from Amazon and Flipkart requesting a stay on India's antitrust watchdog CCI's probe into both companies' alleged anti-competitive practices.

Traders body asks Delhi govt for financial aid for lockdown-hit retailers

The Confederation of All India Traders, on Tuesday, in a letter sent to Delhi Chief Minister Arvind Kejriwal, asked for a financial relief package for the city's retail shop owners.

CAIT opposes Delhi's move to allow markets to open on 'odd-even' formula

The Delhi government had first imposed a complete weekly lockdown on April 19 which was later extended multiple times, last on May 23.

Trader body asks Delhi govt to allow opening of shops, markets from Monday

Delhi, which has been under lockdown since April 20 to contain the spread of Covid-19, will begin gradually lift restrictions starting Monday (May 31), chief minister Arvind Kejriwal announced earlier

Flipkart restructured biz model to control over inventory, alleges CAIT

Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.

Coronavirus: CAIT demands financial support to lockdown-hit traders

Domestic traders body CAIT body on Sunday urged the Delhi government to give financial assistance to the traders community which has been hit by Covid-19 induced lockdown.

Delhi traders to observe voluntary lockdown for one more week: CAIT

Traders in Delhi will observe voluntary lockdown for one more week to assist the government in bringing down the Covid numbers, the Confederation of All India Traders (CAIT) said on Saturday

Govt examining industry demands; breather on tax compliance deadline likely

Proposals for a 3-month extension of compliance timeline being considered

Delhi under lockdown for a week as rising Covid cases stretch health infra

Announcing lockdown in Delhi in a virtual address, Chief Minister Arvind Kejriwal said: "If strict measures are not taken now, the health system in Delhi can collapse."

Competition in e-tail: Fair or unfair?

The e-commerce foreign direct investment policy doesn't sit well with the concept of competition

No effect of Bharat Bandh, business running as usual across India: CAIT

The farmers' protests have been continuing at the borders of the national capital against the Union farm laws

Stick to spirit of law instead of finding loopholes: Goyal to investors

Goyal said that some investors have been trying to circumvent and misuse the provisions of the law, which leads to the government trying to plug the loophole

Traders appeal to govt for Covid vaccination for workers of all age groups

Industry bodies CAIT and RAI urged govt to included them in the frontline workers list, argue that will speed up business recovery

FDI policy in e-comm sector should be enforced in letter and spirit: CAIT

Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules.

DPIIT to meet trade unions, industry groups on FDI in e-commerce

Officials are likely to meet over a dozen e-commerce companies

CAIT demands MSME status restoration for 8 cr traders from service industry

The Confederation of All India Traders (CAIT) has demanded restoration of MSME status taken away in 2017 from 8 crore retail and wholesale traders who are part of the service industry. The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate or from informal financial sources, CAIT Secretary General Praveen Khandelwal told PTI. According to banking sources, about Rs 3 lakh crore loans given to them are at the risk of losing a tag of MSMEloan at the end of March when banks do their annual closure. As a result, many banks will face the problem of meeting priority sector lending (PSL) target and the shortfall may have to be parked with Small Industries Development Bank of India (SIDBI) or Micro Units Development & Refinance Agency Ltd (MUDRA). Along with agriculture, loans given to MSME sector also come under the PSL and as per the RBI's guidelines, commercial banks should extend 40 per cent of the ...

Explained: Has Amazon actually broken e-commerce regulations in India?

Objections from the competition regulator and powerful retailers' associations could prompt a tightening of foreign direct investment rules for the online sellers

Traders' body CAIT to launch dialogue campaign in Delhi from Friday

CAIT said it will launch a one-month long dialogue campaign from Friday involving door to door visit of each market in all corners of Delhi

Traders body to launch agitation from Mar 5 against GST, e-commerce issues

Traders' body CAIT on Sunday said it would launch a nation-wide agitation against issues related to the goods and services tax and alleged malpractices of foreign e-commerce firms.