Xiaomi MD says move could weaken demand as smartphone makers will be forced to raise prices
A two-member bench of the appellate tribunal headed by Justice S J Mukhopadhaya said CAIT failed to establish its allegations against CCI granting approval for Walmart-Flipkart deal
Over the past 6 years, CAIT has repeatedly backed the BJP in state and national elections, and has become an instrumental player in the corridors of power
The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon on Friday
The Confederation of All India Traders (CAIT) has been alleging violation of FDI policy rules by American e-commerce majors to the detriment of domestic retailers.
CAIT has been at the forefront of the protest against the discount policy on e-commerce sites
The exercise is aimed at better addressing the basic problems of traders across the country, CAIT said
The Confederation of All India Traders (CAIT) in a statement said it "strongly condemned the decision of the Gujarat government announcing" this memorandum of understanding (MoU)
CAIT, which has been opposing Bezos' visit to India, said more than 500,000 traders supported its protests in about 300 cities, and about 5,000 trade associations participated
CAIT has, in the past, accused e-commerce firms like Amazon and Walmart-owned Flipkart of anti-competitive practices like preferential listing, exclusive tie-ups and private labels.
The CAIT also said the visit of Jeff Bezos, founder of Amazon, on Wednesday to India will be greeted with strong protest from traders across country
The Confederation of All India Traders has opposed the proposed self-regulation
E-commerce giants adopt similar strategy to helps SMEs
CAIT claimed that small retailers have suffered at the hands of Amazon, Flipkart
n Delhi, a massive 'dharna' will be held from 11:30 am to 1:30 pm in Sadar Bazaar, it added.
The official in the Department for Promotion of Industry and Internal Trade (DPIIT) said that they are currently working on a policy for e-commerce sector and are examining several issues under that.
In a statement, CAIT has levelled several allegations against Flipkart which include circumventing the law, causing huge GST and Income Tax revenue loss to the governmen, bypassing the FDI policy
Union Minister Piyush Goyal had last month said the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon.
The traders' body has strongly objected to the business model of both the companies
Around 55 lakh workers in the city will benefit from the increased minimum wages that have been notified by the Delhi government following the Supreme Court's recent order