Parliament proceedings | Ministers, MPs trade charges in pruned Lok Sabha thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Amazon India chief Amit Agarwal has responded to the ongoing controversy over the news organisation Reuters’ story that alleged that the e-commerce giant dodged Indian regulators in circumventing local laws on foreign direct investment (FDI) in e-commerce. The story talked about how Amazon has for years given preferential treatment to a small group of sellers on its India platform, publicly misrepresented its ties with the sellers and used them to circumvent increasingly tough foreign investment rules that affect e-commerce. “The story is unsubstantiated, incomplete, factually incorrect. Amazon has always been and remains compliant with all Indian laws,” said Amit Agarwal, global senior vice-president and country leader for Amazon India, in a letter addressed to the employees. “We haven t seen the documents and Reuters hasn t shared provenance to confirm veracity- the details are likely supplied with malicious intent to create sensation and discredit us.”
CAIT objects to MoU between Karnataka government and Amazon daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
CAIT objects to MoU between Karnataka govt and Amazon
By IANS |
Published on
Fri, Jan 29 2021 13:57 IST |
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Amazon creates over 1 lakh jobs ahead of festive season. Image Source: IANS News
New Delhi, Jan 29 : The Confederation of All India Traders (CAIT) has strongly criticised the Karnataka Government for entering into an MOU with tainted e-commerce company Amazon to help drive e-commerce exports from the State. We strongly object to this MOU of Karnataka Government with Amazon which is facing probe by law enforcing agencies and also facing court cases out of which one in Karnataka High Court, for charges of engaging into mal-practices, destroying competition and killing the small retailers of the country with its sinister designs of policies for controlling not only the e-commerce but retail trade of the Country as well, said CAIT.
The Confederation of All India Traders (CAIT) in a communication sent to Union Commerce Minister Piyush Goyal demanded immediate action against e-commerce entities including Amazon, Flipkart, Zomato, Swiggy and others."It is a case of .