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Tag: piyush goyal

Ecommerce gets caught up in rules?, Retail News, ET Retail

An industry desperately looking for clarity. India’s ecommerce industry, estimated to be worth over $ 50 billion, remains enmeshed in regulatory flux. With the final word yet to be said on the National Ecommerce Policy, separate guidelines have been drafted by different ministries on issues such as consumer protection and data privacy confounding an industry …

Ecommerce gets caught up in rules?, Retail News, ET RetailRead More

Traders on hunger-strike against discounts, offers on e-platform, Retail News, ET Retail

New Delhi, Intensifying the protest against deep discounts and disruptive offers by e-commerce majors Amazon and Flipkart, traders on Friday staged a day long hunger strike in several parts of the country under the aegis of the Confederation of All India Traders (CAIT). During the protests in about 500 cities across the country, traders also …

Traders on hunger-strike against discounts, offers on e-platform, Retail News, ET RetailRead More

CAIT urges govt to take action against e-commerce firms flouting FDI policy, Retail News, ET Retail

Terming e-commerce firms “global economic terrorist” and “economic intruders, tax offenders and policy & law violators”, the Confederation of All India Traders (CAIT) in a letter sent to Commerce Minister Piyush Goyal demanded early enforcement of e-commerce policy and national retail policy. It also called for constituting an e-commerce ombudsman.PTI  |  December 16, 2019, 08:24 …

CAIT urges govt to take action against e-commerce firms flouting FDI policy, Retail News, ET RetailRead More

Govt asks Snapdeal, Paytm Mall to give business details, Retail News, ET Retail

NEW DELHI: The government has written to Snapdeal and Paytm Mall seeking information on their selling practices as part of a wider probe into deep discounting practices of ecommerce players, people aware of the development said. The Department for Promotion of Industry and Internal Trade (DPIIT) has sought information about top sellers on these ecommerce …

Govt asks Snapdeal, Paytm Mall to give business details, Retail News, ET RetailRead More

Piyush Goyal, Retail News, ET Retail

NEW DELHI: The Department for Promotion of Industry and Internal Trade (DPIIT) has received complaints that e-commerce companies are offering deep discounts, indulging in predatory pricing, exercising control over inventory and influencing the prices of goods sold on the platform, Parliament was informed on Friday. In a written reply to the Rajya Sabha, Commerce and …

Piyush Goyal, Retail News, ET RetailRead More

CAIT suggests imposition of minimum operating price for products, Retail News, ET Retail

NEW DELHI: Traders body CAIT on Sunday suggested the government to impose a “minimum operating price” for products, alleging that traders are at the receiving end of a pricing onslaught posed by e-commerce firms and brands in collusion with banks. The Confederation of All India Traders (CAIT) has written a letter in this regard to …

CAIT suggests imposition of minimum operating price for products, Retail News, ET RetailRead More

Piyush Goyal, Retail News, ET Retail

NEW DELHI: Union Commerce and Industry Minister Piyush Goyal on Tuesday said some e-commerce companies are indulging in predatory pricing which is adversely impacting millions of small retailers. “I would like to highlight the adverse impact of predatory pricing indulged by some e-commerce players which adversely impact millions of small retailers. It is important for …

Piyush Goyal, Retail News, ET RetailRead More

Piyush Goyal tells ecommerce companies, Retail News, ET Retail

NEW DELHI: Commerce and industry minister Piyush Goyal has warned ecommerce companies of strict action if they don’t halt predatory pricing on their platforms, flouting foreign direct investment (FDI) rules, said officials with knowledge of the matter. The issue figured in a discussion Goyal had with Amazon India head Amit Agarwal on November 5, they …

Piyush Goyal tells ecommerce companies, Retail News, ET RetailRead More

CAIT demands Govt set up panel to look into allegations against Flipkart, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Thursday asked the government to set up a high-level committee to look into alleged circumvention of FDI regulations by Flipkart, an allegation the company rejected. In a statement, the Confederation of All India Traders (CAIT) has levelled several allegations against Flipkart which include “circumventing the law, causing huge GST …

CAIT demands Govt set up panel to look into allegations against Flipkart, Retail News, ET RetailRead More

CAIT demands Govt set up panel to look into allegations against Flipkart, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Thursday asked the government to set up a high-level committee to look into alleged circumvention of FDI regulations by Flipkart, an allegation the company rejected. In a statement, the Confederation of All India Traders (CAIT) has levelled several allegations against Flipkart which include “circumventing the law, causing huge GST …

CAIT demands Govt set up panel to look into allegations against Flipkart, Retail News, ET RetailRead More