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The Confederation of All India Traders (CAIT) has strongly criticised US-based lobby group USIBC for objecting to an initiative of DPIIT to reframe the Press Note 2 of FDI policy."The uncalled-for intervention of USIBC shows utter ...
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 Co...
CAIT objects to MoU between Karnataka govt and Amazon By IANS | Published on Fri, Jan 29 2021 13:57 IST | 0 Views 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 ...
Heartiest congrats to Dr Prakasa Rao Asavadi, who has been conferred with Padma Shri for the year 2021 in the field of Literature & Education (Sl. No. 22 in the Press Note of Government of India, Ministry of Home Affairs). It’s a befitting honour to a really deserving person. He has been my venerable literary friend for five years, though I had known about him much earlier. As his sincere & humble fan, I have been helping hin by nominating him in his as well as my name every year for the honour ever since 2017, and also helping him with self-nomination, and finally, it has fructified now. T...
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 ...