Page 113 - கூட்டமைப்பு ஆஃப் அனைத்தும் இந்தியா வர்த்தகர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CAIT Criticises US Lobby Group for Urging India Not to Tighten E-commerce FDI Rules FOLLOW US ON: A US lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again, according to a letter seen by Reuters. India is considering revising the rules after traders in the country accused Amazon s Indian division and Walmart s Flipkart of creating complex structures to bypass investment regulations, Reuters reported this month. The US companies deny any wrongdoing. Meanwhile, responding to the demand, the Confederation of All India Traders (CAIT) on Saturday criticised the USIBC. The traders body shot off a letter to US-India Business Council (USIBC) President Nisha Biswal, stating that without knowing the true facts and under pressure of Amazon, Walmart and others, the USIBC s intervention is unwarranted which runs against the interest of the 85 million traders of India .

United statesNisha biswalWalmart flipkartConfederation of all india tradersUs india business councilIndia department for promotion of industryUs chamberAll india tradersIndia business councilPresident nisha biswalPress noteInternal tradeஒன்றுபட்டது மாநிலங்களில்நிஷா பிஸ்வால்வால்மார்ட் பிளிப்கார்ட்கூட்டமைப்பு ஆஃப் அனைத்தும் இந்தியா வர்த்தகர்கள்