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Maharashtra shutdown: Retailers, traders fear closure of non-essential shops will cripple industry

April 05, 2021 Maharashtra continues to be a hotspot for new infections   -  PTI× The Retailers Association of India (RAI) urged the Maharashtra government to calibrate a balance between lives and livelihood and stated that complete shutdown of non-essential retail businesses will impair the ability of retail and allied businesses to survive. The Confederation of All India Traders (CAIT) has also urged the State government to not overlook the economic impact of such restrictions. Calling it a ‘Retail Lockdown’, RAI said that the order by the Maharashtra Government issued on April 4, has brought a majority of retail businesses to a complete halt. It added that retail businesses of non-essential goods are feeling discriminated against for being pressed by restrictions without any respite from the government.

Retailers, traders upset with Maharashtra closure

Synopsis Apex industry body, Retailers Association of India (RAI) said complete shutting of retail businesses other than essentials will impair the ability of retail and allied businesses to survive. The body calls it a “Retail lockdown” since only stores essential goods will be allowed to operate till April end. Traders body, Confederation of All India Traders (CAIT) said there are about 25 lakh traders in Maharashtra who will be worst hit. Related Brick-and-mortar retailer chains and small stores said the latest Covid restrictions in Maharashtra will severely impact the retail industry leading to liquidity challenges and job losses. Apex industry body, Retailers Association of India (RAI) said complete shutting of retail businesses other than essentials will impair the ability of retail and allied businesses to survive. The body calls it a “Retail lockdown” since only stores essential goods will be allowed to operate till April end.

CAIT alleges that Amazon, Flipkart and Snapdeal have violated FDI rules

CAIT alleges that Amazon, Flipkart and Snapdeal have violated FDI rules CAIT alleges that Amazon, Flipkart and Snapdeal have violated FDI rules In Its Complaint, CAIT Said The Advertisements Issued By Them In Past Days Amounts To Soliciting Retail Customers Attheir Portals And Influencing The Prices And Creating An Uneven Level Playing Field. PTI | Updated on: 24 Sep 2017, 12:06:32 AM New Delhi : Traders body CAIT today urged the government to take action action against e-commerce firms like Amazon and Flipkart, alleging they have flouted FDI norms for such players by undertaking retail trading activities. The Confederation of All India Traders (CAIT) wrote to Union Commerce Minister Suresh Prabhu in this regard, claimingthat the companies were indulging in a blatant violation of the FDI (foreign direct investment) policy.

Sunny Leone s condom ad taken down by Mankind Pharma following protests

Sunny Leone s condom ad taken down by Mankind Pharma following protests Sunny Leone s condom ad taken down by Mankind Pharma following protests Surveys Have Shown That Condom Sales Do Go Up 25-50% During Garba Season While Navaratri Is In Full Swing In Gujarat. News Nation Bureau | Edited By : Tahir Qureshi | Updated on: 22 Sep 2017, 04:45:12 PM New Delhi: Following the backlash over the controversial advertisement featuring actor Sunny Leone, Mankind Pharma withdrew the ad and issued a statement which read, “The Navratri hoardings campaign was not meant to hurt anyone s sentiments and was immediately withdrawn. We deeply regret any such incident.” The billboards had been put up with the tagline, ‘Aa Navratrie ramo parantu prem thi (This Navratri, play, but with love).’ 

Taxman s Data War- Business News

Taxman s Data War As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers Illustration by Nilanjan Das Last year, a businessman from Rajkot, Gujarat, declared an income of less than Rs 5 lakh in his tax return. However, information collated by the Income Tax (I-T) Department showed he had deposited Rs 10 crore - and withdrawn Rs 7.5 crore - in cash during the year. The department sent him six notices, a dozen SMS alerts and tried every means to contact him. He remained elusive, forcing it to raid the business premises mentioned in the I-T return. It was a wrong address. I-T officials took the home address from his bank, but he was missing from there. It is now in the process of attaching his bank account and other assets.

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