Retailers' body is "cautiously optimistic" on implementation of FDI rules for e-commerce
Department of Industrial Policy and Promotion under Ministry of Commerce and Industry had issued clarifications in December last year pertaining to FDI rules in the e-commerce sector. Now that the govt is tightening the rules for foreign direct investment in e-commerce sector, Retailers Association of India is "cautiously optimistic" on its effective implementation.
Traders' body CAIT to launch nation-wide movement against Amazon, Flipkart
"Both Amazon and Flipkart still continue to sell goods on their po...
Annual deadline for ecommerce's FDI compliance check: September 30
Sept 30 every year is the deadline for ecomm firms to ready their annual c...
CCI urges ecommerce platforms to be transparent
CCI chairman Ashok Kumar Gupta said discounting, including selling below cost, is used by businesses to create a market. “Below cost doesn’t necessarily mean predatory pricing. However, we then have to ascertain whether they have become large enough and should they continue with deep discounting?” he said.
DPIIT may meet Amazon, Flipkart on Thursday on deep discounts, predatory pricing issues
The development comes after industry associations of retail, mobile and FMCG sectors met commerce and industry Piyush Goyal.
DPIIT asks Amazon, Flipkart to disclose names of top 5 sellers, capital structure, inventory details
The DPIIT has asked the cos to share their capital structure, biz model & inventory management system.
Phone retailers call government to block predatory pricing
Retailers want govt to curb etailers from forging tie-ups with smartphone makers to offer lower prices
Private brands businesses of e-tailers under scanner
The government has started scanning digital payments business of ecommerce giants Amazon & Flipkart. DPIIT has asked questions like the total percentage of sales that come from private labels & promotion details of their digital instruments.
It's a 'Black Diwali' for small handset retailers, due to rampant online discounting
The organised trade are now joining hands with smaller retailers who say it’s going to be a “Black Diwali”.
Online sales on govt radar post plaints about predatory pricing
Retailers allege violation of FDI rules via deep discounting; DPIIT looking into the matter.
Commerce minister Piyush Goyal says ecommerce companies cooperating with the government
In an interview with The Economic Times, the commerce minister talked about the alleged violation of FDI norms by ecommerce companies, the progress on the new trade deal with the United States and India' s stand on the RCEP.
Piyush Goyal to meet NRAI in bid to resolve Zomato issue
NRAI was asked to enlist their grievances with aggregators , particularly those concerning deep discounts and data masking,” NRAI president.
CAIT, CCI discuss 'unethical competition' by e-commerce firms
According to CAIT Secretary General Praveen Khandelwal around 40,000 mobile shops are on the verge of closure by Diwali due to unethical practices of Amazon and Flipkart. A CAIT delegation also met CCI Chairman to apprise him of the situation.
CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject
CAIT Secretary General Praveen Khandelwal said both the portals denied all charges and stated that they comply with the policy in its letter and spirit.
Strict actions against those making e- commerce a means for multi-brand retail: Piyush Goyal
Union Minister of Railways, Commerce and Industry, Piyush Goyal on October 17 said that central government has made clear guidelines for e- ...
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