CAIT demands ban on Amazon in India, seeks action against e-commerce firms business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
CAIT demands ban on Amazon s e-commerce operations in India
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Last Updated: Feb 18, 2021, 09:24 PM IST
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Traders body CAIT on Thursday urged the government to impose a ban on Amazon s e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control.
Reuters
Traders body CAIT on Thursday urged the government to impose a ban on Amazon s e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control.
Addressing a press conference, CAIT Secretary-General Praveen Khandelwal demanded an immediate ban on Amazon s portal and its operations in India and an investigation against the company in a time-bound manner. He also urged the government to probe the business practices of Amazon and Flipkart. However, responding to the allegations, both Amazon and Flipkart said they remain
CAIT demands ban on Amazon s e-commerce operations in India newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
India planning tighter FDI rules for e-commerce sector
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Last Updated: Jan 20, 2021, 12:54 AM IST
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FDI Rules for E-Commerce: DPIIT may issue a clarification through a Press Note, expressly prohibiting e-commerce platforms such as Amazon India and Walmart-Flipkart from holding stake in a seller, directly or indirectly.
ETtech
A rework of India s FDI rules for e-commerce forced Amazon and Flipkart to rework their business structures and soured relations between India and the US.
New Delhi: India is likely to tighten the foreign direct investment (FDI) rules for e-commerce to check companies set up by the online marketplaces from trading on their own platform.