Page 18 - Press Note News Today

Improve Supervision Before Allowing New Exchanges 2 In January this year, we were finalising the final proofs of our new book Absolute Power which documents the path-breaking rise of the National Stock Exchange (NSE) and the transformation it brought to the Indian capital markets. Parallel to NSE’s meteoric rise, India’s 23 stock exchanges and two national exchanges, the OTC Exchange of India and the Inter-Connected Stock Exchanges of India, disappeared leaving three survivors, with NSE ...

CAIT asks PM Modi to ensure no dilution in draft e-commerce rules ​ By IANS | ​ 0 Views Strong development of e-commerce in rural areas of China.. Image Source: IANS News New Delhi, June 27 : In the wake of expected pressure tactics of foreign funded e-commerce companies against the draft of "E-commerce rules under Consumer Protection Act", the Confederation of All India Traders (CAIT) on Sunday sent a communication to Prime Minister Narendra Modi urging him to ensure that no dilution is ...

Synopsis The body has alleged that the way foreign companies like Amazon and Flipkart defied all the laws of the country, adopting predatory pricing, deep discounting, loss funding, controlling inventory, and adoption of preferential sellers have killed the small businesses in India. CAIT said that in the last one year, there has been a growth of 36 per cent in e-commerce business in India, especially in personal care, beauty and wellness business, 70 per cent in grocery, FMCG products and more...

Trade delegations will meet chief ministers of various States to urge them to set up a monitoring mechanism for e-commerce

For more than five years, Amazon, Walmart-owned Flipkart and many other foreign-funded e-commerce companies have indulged into all kinds of unethical business practices with an objective of taking control of not only the e-commerce but even the ...

Read more about CAIT fully geared up to fight Amazon & Flipkart on Business Standard. 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.

A day after the Karnataka High Court judgement dismissing the petition of Amazon & Flipkart, the Confederation of All India Traders (CAIT) on Saturday sent a communication to Union Commerce Minister Piyush Goyal urging him to direct the ...

Read more about CAIT hails HC order, asks Goyal to direct CCI probe into Amazon, Flipkart on Business Standard. On Friday, the Karnataka High Court dismissed a petition from Amazon and Flipkart requesting a stay on Indias antitrust watchdog CCIs probe into both companies alleged anti-competitive practices.

2020-21 darkest year of economy in four decades, most Indians poorer: Chidambaram ANI | Updated: Jun 02, 2021 00:33 IST New Delhi, [India], June 2 (ANI): Congress leader P Chidambaram on Tuesday said that most Indians are poorer than they were two years ago with most economic indicators being worse for the period and said the government must admit its "errors of commission and omission, reverse its policies and heed the advice of economists and the oppositi...

Finalise FDI policy on e-commerce! Traders body say they have had enough In a communication sent to Goyal on May 17, B.C. Bhartia and Praveen Khandelwal, national president and secretary general of CAIT respectively, said even after two years of discussions over such a revision, authorities are sleeping on the issue Joe C Mathew | May 17, 2021 | Updated 13:22 IST Union Commerce Minister Piyush Goyal The Confederation of All India Traders (CAIT) has asked Commerce Minister Piyush Goyal to annou...