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Tag: against

NCLAT sets aside insolvency proceeding against Flipkart, Retail News, ET Retail

New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Monday set aside the insolvency proceedings against e-commerce major Flipkart. CloudWalker, an operating creditor, which imported and retailed LED TVs on Flipkart’s platform, dragged the company to the NCLT last year over alleged default of Rs 26.95 crore towards procured imported televisions as per …

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CAIT may challenge stay on CCI probe against Amazon, Flipkart, Retail News, ET Retail

New Delhi : Following the Karnataka High Court ordering a stay on the anti-trust probe against e-commerce giants Amazon and Flipkart, the Confederation of All India Traders (CAIT) is likely to file a petition challenging the stay in the Supreme Court in the coming week. Speaking to IANS, Praveen Khandelwal, National General Secretary of CAIT …

CAIT may challenge stay on CCI probe against Amazon, Flipkart, Retail News, ET RetailRead More

CAIT reaches out to Trump against e-commerce majors, Retail News, ET Retail

New Delhi : The Confederation of All India Traders (CAIT) on Sunday sent a memorandum to US President Donald Trump asking him to advise e-commerce majors to carry out their operations in India in line with the rules and laws. “The Confederation of All India Traders (CAIT) today sent a memorandum on current position of …

CAIT reaches out to Trump against e-commerce majors, Retail News, ET RetailRead More

I-T dept moves HC against Flipkart’s ITAT ruling, Retail News, ET Retail

Bengaluru: The income tax (I-T) department has taken Walmart-owned Flipkart to high court over its Rs 110-crore demand. The case relates to the treatment of discounts as capital expenditure instead of revenue expenditure, according to court listings reviewed by TOI. Flipkart was issued a notice last month to appear and represent its case following the …

I-T dept moves HC against Flipkart’s ITAT ruling, Retail News, ET RetailRead More

CAIT to appeal against order staying probe on Amazon, Flipkart, Retail News, ET Retail

New Delhi: The Confederation of All India Traders (CAIT) has said it will file an appeal against Karnataka High Court’s stay order on Competition Commission of India‘s (CCI) investigation against Amazon and Flipkart. In a statement the traders’ body said that the court has stayed the order for investigation passed by the CCI on the …

CAIT to appeal against order staying probe on Amazon, Flipkart, Retail News, ET RetailRead More

Karnataka HC stays CCI probe against Amazon, Flipkart, Retail News, ET Retail

Bengaluru, The Karnataka High Court on Friday ordered a stay on the Competition Commission of India’s (CCI) probe into violation of competition laws by e-commerce giants Amazon and Flipkart. The court has asked the respondents in the matter including CCI and Confederation of All India Traders (CAIT) to file their responses within eight weeks. The …

Karnataka HC stays CCI probe against Amazon, Flipkart, Retail News, ET RetailRead More

Meet the booksellers who are fighting back against the algorithm | Books

Heywood Hill bookshop has stood on the same spot since 1936. It inhabits a Georgian townhouse at 10 Curzon Street in Mayfair, London, a blue plaque outside commemorating its most famous employee, Nancy Mitford. Behind its heavy wooden door, a customer explains that she is visiting the UK from Australia, and would like to speak …

Meet the booksellers who are fighting back against the algorithm | BooksRead More

Paytm moves against fraudsters, files FIR, Retail News, ET Retail

Bengaluru: To fight the rising menace of online fraud by cyber crooks resulting in consumers losing money, Paytm Payments Bank — which houses the Paytm e-wallet — has handed over 3,500 numbers to the Telecom Regulatory Authority of India (Trai), the ministry of home affairs (MHA) and CERT-In, the cybersecurity agency. It has also filed …

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New York City bans cashless businesses in step against discrimination | US news

New York City’s council has voted to ban cashless businesses, in what politicians said was an effort to rein in “the excesses of the digital economy” and stop discrimination against low-income residents. The city council on Thursday almost unanimously passed legislation, which will fine retail outlets, including stores and restaurants, if they refuse to accept …

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CCI orders antitrust probe against Amazon, Flipkart, Retail News, ET Retail

NEW DELHI: The Competition Commission of India (CCI) on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart’s Flipkart, the latest setback for US-based e-commerce giants operating in the country. The antitrust body said it was ordering a wider probe following a review of allegations that Amazon and Flipkart were …

CCI orders antitrust probe against Amazon, Flipkart, Retail News, ET RetailRead More