CAIT Says Amazon And Flipkart Destroyred All Small Merchants From Kirana Stores techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
New Delhi [India], June 12 (ANI): A day after Karnataka High Court gave the decision that the Competition Commission of India (CCI) can go ahead with a probe against Amazon and Flipkart for their alleged anti-competitive practices, the Confederation of All India Traders (CAIT) on Saturday said that these e-commerce companies have destroyed traditional Kirana and small merchants.
New Delhi [India], June 11 (ANI): The Confederation of All India Traders (CAIT) on Friday hailed the Karnataka High Court's decision that the Competition Commission of India (CCI) can go ahead with a probe against Amazon and Flipkart for their alleged anti-competitive practices.
The second wave of Covid-19, subsequently followed lockdowns in various states, has caused a mammoth business loss of around Rs 15 lakh crore to India s domestic trade over the last 60 days, the Confederation of All India Traders (CAIT) said on Wednesday.
Covid 2.0 caused Rs 15 lakh cr loss to retail, wholesale trade: CAIT
By IANS |
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52% feel govt s help didn t reach them during lockdown. Image Source: IANS News
New Delhi, June 2 : The second wave of Covid-19, subsequently followed lockdowns in various states, has caused a mammoth business loss of around Rs 15 lakh crore to India s domestic trade over the last 60 days, the Confederation of All India Traders (CAIT) said on Wednesday.
CAIT, which represents traders across India, said this is prompting small businesses to consider job cuts and cut back on other overheads. It estimated that traders could look at an estimated 30 per cent job cuts if restrictions continue and no financial assistance is provided to them.