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Tag: companies

MNC Digital companies may face a minimum level of tax, Retail News, ET Retail

NEW DELHI: Multinational technology and digital companies may have to cough up a minimum level of corporate tax, bringing an end to the popular practice of lowering or avoiding taxes by setting up entities in low-tax jurisdictions. The Organisation for Economic Cooperation and Development (OECD) on Friday unveiled for public consultation a proposal on taxation …

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Government wants ecommerce companies to make kiranas part of their growth story, Retail News, ET Retail

NEW DELHI | KOLKATA | BENGALURU: The government wants to better understand accounting practices at Amazon, the online giant’s investment pipeline and how it plans to engage with small retailers. This was among the subjects of discussion between commerce minister Piyush Goyal and Amazon India head Amit Agarwal when they met on Tuesday, said people …

Government wants ecommerce companies to make kiranas part of their growth story, Retail News, ET RetailRead More

Non-personal data panel pings ecommerce companies Amazon, Flipkart for talks, Retail News, ET Retail

BENGALURU | NEW DELHI: The government panel tasked with drafting a report to govern the use of non-personal data will meet ecommerce companies, including Amazon and Flipkart next week, as it kick-starts the consultation process on how to regulate community, anonymised and ecommerce data in India, multiple sources familiar with the matter told ET. Ride-hailing …

Non-personal data panel pings ecommerce companies Amazon, Flipkart for talks, Retail News, ET RetailRead More

It’s not just Boeing. More companies are splitting CEO and chairman roles

Dennis Muilenburg, chief executive officer of Boeing Co., listens during a Senate Commerce, Science and Transportation Committee hearing in Washington, D.C., U.S., on Tuesday, Oct. 29, 2019. Bloomberg | Bloomberg | Getty Images Boeing‘s board stripped CEO Dennis Muilenburg of his chairmanship on Oct. 11, as the company struggles with the aftermath of two crashes …

It’s not just Boeing. More companies are splitting CEO and chairman rolesRead More

Commerce minister Piyush Goyal says ecommerce companies cooperating with the government, Retail News, ET Retail

Commerce and industry minister Piyush Goyal said that ecommerce companies are cooperating with the government after being sent questionnaires over complaints regarding the alleged violation of foreign direct investment (FDI) rules. He also spoke to Kirtika Suneja in Stockholm about issues such as India’s redlines in trade negotiations with the US, its position on the …

Commerce minister Piyush Goyal says ecommerce companies cooperating with the government, Retail News, ET RetailRead More

CAIT demands high-level enquiry by govt to probe ‘unholy nexus’ of e-commerce companies, banks, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Sunday demanded a high-level enquiry by the Centre to probe the “unholy nexus” of e-commerce firms, companies owning brands and banks for causing price distortion in the country’s e-commerce market. Praveen Khandelwal, Secretary General of the Confederation of All India Traders (CAIT) also urged Prime Minister Narendra Modi to …

CAIT demands high-level enquiry by govt to probe ‘unholy nexus’ of e-commerce companies, banks, Retail News, ET RetailRead More

CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Friday alleged that e-commerce firms Amazon and Flipkart have violated foreign direct investment norms by indulging in predatory pricing, a charge which was rejected by the two companies. The Confederation of All India Traders (CAIT) flagged these allegations in a meeting called by the Department for Promotion of Industry …

CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject, Retail News, ET RetailRead More