SEARCHED FOR:PREDATORY PRICING
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
Small sellers find an online route to customers via tech platforms
Sellers find alternative channels of business as cost of sales rises at ec...
To keep discounts in play, Flipkart writes a sop story
Etailer incentivises sellers to pass on additional discounts to ‘loyal’ customers on F...
No predatory pricing, foreign e-tailers have to follow Indian law: Piyush Goyal at ET Awards 2019
Speaking at the 2019 ET Awards, Commerce Minister Piyush Goyal says foreign e-commerce companies cannot exercise predatory pricing just beca...
Why govt should opt for public-private partnership to uplift telecom sector
There are only three big players left in the field, so Bharti Airtel and Vodafone Idea need to be able to compete with each other and with the more recent entrant, Reliance Jio. The Telecom Regulatory Authority of India (Trai) is designed more to help consumers than to play a groundsman who smoothens the turf. It is for the government to think smartly.
CAIT seeks probe into business models of 16 online platforms, e-commerce firms
In a letter to Commerce minister Piyush Goyal dated January 24, the Confederation of All India Traders (CAIT) alleged that the common phenomenon in these companies of incurring huge yearly losses and earning revenues is not a healthy business practice.
Jeff Bezos meets industry captains, concludes 3-day India visit
Jeff Bezos has announced investments of USD 1 billion over the next few years in India. He could not reportedly get an audience with Indian PM Modi, while Commerce Minister Piyush Goyal stoked a controversy by stating that the e-commerce giant which is being investigated for predatory pricing is not doing India any favour by the investment.
Handset retailers up the ante against online players, seek tax probe
Handset retailers plans to meet the FM with the demand of a probe into GST and I-T return filing by etailers.
Liquor makers seek govt's support to increase exports
In a letter to Commerce Minister, Confederation of Indian Alcoholic Beverage Companies Director General Vinod Giri said in 2018-19, exports of alcoholic beverages stood at Rs 2,200 crore, while imports were Rs 5,400 crore. "The data clearly indicates how the trade is balanced against India," he said adding the ministry should not give major duty concessions to regions like the EU.
India hopes to continue FDI growth story in 2020
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that despite a slowdown in the global economy, inflows of foreign investment into the country have not been impacted. India received a USD 27.2-billion foreign investment in the first half of 2019 and the pace is said to have sustained thereafter.
Smartphone maker Vivo assures offline retailers of price parity in 2020
Handset-makers including Xiaomi, Oppo and Vivo in October had issued trade advisories to their retail partners to assure that they will bring price parity between their online and offline channels.
E-commerce players following predatory pricing, says mobile industry group
In India this month it has hit 45-50 per cent because pricing is extremely predatory, said mobile devices industry body ICEA.
Govt summons Zomato, Swiggy & others over deep discounting, predatory pricing
DPIIT to hold talks today with Swiggy, Zomato, Foodpanda and UberEats, and restaurant associations.
Doesn't look, feel, smell right when etailer makes Rs 6K cr loss on Rs 5K turnover: Piyush Goyal
Piyush Goyal said that the e-commerce policy very categorically has allowed only biz-to-biz transaction, so online retailers were never expected to be "a let's say a hidden way or a surreptitious way to enter multi-brand retailing". CAIT has time and again alleged that e-com players were violating FDI rules and following predatory pricing in India.
Battered by competition, Intex plans to make products for Chinese firms
It has found an innovative plan to deal with the scourge that all but wiped off India's mobile industry.