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Tag: Piyush

Piyush Goyal, Retail News, ET Retail

NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday said that no timeline has been fixed to release the national e-commerce policy as e-commerce is a new subject. “Since e-Commerce is a new issue, it has necessitated detailed consultations over the last few months to ensure that the policy is crafted in a manner …

Piyush Goyal, Retail News, ET RetailRead More

Piyush Goyal, Retail News, ET Retail

NEW DELHI: Commerce and Industry Minister Piyush Goyal on Thursday said while the government welcomes e-commerce companies to work within the framework and laws of the land, promises of a certain number of people benefiting from such companies can’t be at the expense of suffering of many others. “We welcome e-commerce to work within the …

Piyush Goyal, Retail News, ET RetailRead More

Piyush Goyal, Retail News, ET Retail

NEW DELHI: Commerce and Industry Minister Piyush Goyal on Thursday asked e-commerce players to strictly adhere to FDI norms, saying it “certainly does not look and feel and smell right” when a company makes a loss of Rs 6,000 crore on a turnover of Rs 5,000 crore. Goyal, who had earlier remarked that e-commerce giant …

Piyush Goyal, Retail News, ET RetailRead More

Piyush Goyal, Retail News, ET Retail

NEW DELHI: Commerce and industry minister Piyush Goyal said promises of job creation by foreign-owned ecommerce companies need to be seen from the perspective of potential job losses as well, adding his remarks on Amazon will not send a wrong signal to international investors. “Not at all,” he told ET when asked if his statement …

Piyush Goyal, Retail News, ET RetailRead More

Piyush Goyal, Retail News, ET Retail

Commerce & industry minister Piyush Goyal has raised the heat on e-commerce companies such as Amazon and Flipkart and asked them to ensure that their operations are completely in line with Indian regulations. In an interview ahead of his visit to Davos, he tells TOI that he is not being protectionist in his policies. Excerpts: …

Piyush Goyal, 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

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 …

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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

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